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The Entrust Group Opens First Office in Hawaii

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05-08-2006

For Immediate Release

OAKLAND, CA. - May 8, 2006 - The Entrust Group, a leader in the third-party administration of qualified retirement plans, today announced the opening of its first office in Hawaii (www.EntrustHawaii.com).  Located at 6700 Kalanianaole Hwy., Suite 214, in Honolulu, the office will service all of the Hawaiian Islands and be operated by Tracy Stice, a local entrepreneur who is widely recognized as one of the state's premier real estate experts.

Hubert Bromma, CEO of Entrust, said the company has long wanted to enter Hawaii with a savvy, experienced financial professional. "We believe Hawaii residents will be excited to learn about some of the non-traditional assets - especially real estate - that can be purchased in a qualified retirement plan," Bromma said. "Tracy's unparalleled knowledge of Hawaii's real estate market is a perfect complement to our leadership position in helping people to diversify their retirement holdings."

Stice joins Entrust after a 27-year career selling Hawaiian real estate.  He earned his real estate license in 1979, and started Paradise Found Properties in Kahului, Maui in 1987.  After 13 years, he merged the business with Century 21 All Islands, and served as Broker Associate.

A member of the Hawaii Association of REALTORS (HAR), Stice chaired the Association's Legislative Committee, where he reviewed and lobbied for more than 400 bills with state government officials.  Additionally, he was selected as REALTOR - Broker of Year in 2004 by the Realtors Association of Maui, and served as that organization's President-Elect, President and Past President, where he attained the following designations: CRS (Certified Residential Specialist), CRB (Certified Residential Brokerage Manager), ABR (Accredited Buyer's Representative), and e-Pro (Real Estate Internet Pro).

Entrust manages about $2 billion in assets for corporations and individuals that seek self-directed investments in mostly non-traditional assets, such as real estate, notes and private placements, in their retirement accounts. When uninvested, funds are held in FDIC-insured institutions and US Treasuries.

Media Contact:Jeff Siegel Monarch Communications 516-569-4271

Tracy Steven Stice 808-395-1991 office 808-281-5411 cell