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MaxLife Fund Corp. and Capital Growth Planning Inc., sign a joint venture agreement
Date:2/25/2008

MaxLife Fund Corp. and Capital Growth Planning Inc., form "MaxLife-CGP" Partners LLC., a California based operation. "MaxLife-CGP" expects to build initial portfolios with approximately $25M to $100M dollars in face value of which the Joint Venture anticipates total transactions to exceed 1

Billion dollars in face throughout 2008.

CALIFORNIA, Feb. 25 /PRNewswire-FirstCall/ - MaxLife Fund Corp. (OTC:MXFD). MaxLife Fund Corp. ("MaxLife") and Capital Growth Planning, Inc. ("CGP"), are pleased to announce that they have entered into a joint venture, with each company having an equal interest. "MaxLife-CGP", will acquire life settlement insurance policies for its own inventory, and for resale purposes to institutional buyers.

MaxLife and CGP are working together to fund the new joint venture. It is anticipated that the joint venture will be funded by institutional and private funds. The funding will enable "MaxLife-CGP" to execute its business plan of building initial portfolios of approximately $25M to $100M in face value for resale. Throughout 2008, "MaxLife-CGP's" goal is to develop life settlement policy transactions exceeding $1 billion in total face value. "MaxLife-CGP" will manage all phases of policy acquisitions, settlement and sourcing, back-office support, portfolio building structures and resale strategies.

"We are pleased to partner with a company such as Capital Growth Planning Inc., which has over 35 years experience in the insurance industry. Capital Growth Planning Inc. has exclusive and new innovative products for the fast growing life settlement market. As the life settlement market becomes one of the fastest growing sectors, we expect MaxLife Fund Corp. to expand its operations and create value for our shareholders," stated Mr. Bennett Kurtz, MaxLife Fund Corp., CEO.

Mr. Douglas W. Miller, the CEO of "CGP" quoted, "Capital Growth Planning is extremely excited to be expanding its life settlement
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SOURCE MaxLife Fund Corp.
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