Dutton Research Reiterate Speculative Buy Rating for MortgageBrokers.com with a Price target of $0.40

    SAN FRANCISCO, July 16 /EMWNews-FirstCall/ - MortgageBrokers.com

(OTCBB: MBKR) reviewed in a press release, results for its first-quarter

ended March 31, 2008; revenue increased for the 12th consecutive quarter

and net income came in at a profit. MortgageBrokers.com's business plan is

very attractive, especially in today's real estate market environments.

Dutton reiterate their Speculative Buy Rating, however in view of the

general stock market and investors' perception toward mortgage companies;

Dutton Associates are reducing their price target to $0.40 per share.



    For complete research note and disclosures please visit:



    http://www.jmdutton.com/research/MBKR/index.html



    Cautionary Note Regarding Forward-Looking Statements



    Statements included in this press release, which are not historical in

nature, are intended to be, and are hereby identified as 'Forward-Looking

Statements' for purposes of safe harbor provided by Section 21E of the

Securities Exchange Act of 1934, as amended. Forward-Looking Statements may

be identified by words including 'anticipate,' 'await,' 'envision,'

'foresee,' 'aim at,' 'plans,' 'believe,' 'intends,' 'estimates,' 'expects'

and 'projects' including without limitation, those relating to the

company's future business prospects, and are subject to certain risks and

uncertainties that could cause actual results to differ materially from

those indicated in the Forward-Looking Statements. Please be aware that any

opinions, estimates or forecasts regarding MortgageBrokers.com's

performance made by analysts are not endorsed by MortgageBrokers.com and do

not represent the opinions, estimates or forecasts of MortgageBrokers.com

or its management. Readers are directed to the company's filings with the

U.S. Securities and Exchange Commission for additional information and a

presentation of the risks and uncertainties that may affect the company's

business and results of operations. http://www.sec.gov.