Hall Promoted to CEO at RG America

June 30, 2006

RG America Inc., a Dallas-based insurance restoration company specializing in recovery, remediation, roofing and re-construction of insurance losses, announced that Bruce A. Hall, who has been serving as chief financial officer for RG America, is being promoted to the position of chief executive officer.

Hall has extensive experience with public company management, financing and strategic planning, and in addition to his position as CFO, will assume the CEO position and join RG America’s Board of Directors effective this week.

He began his career in public accounting with Arthur Young & Company, a predecessor of Ernst & Young LLP, and has since worked as a senior financial executive, financial consultant and multi-family housing developer. He has also previously held senior level positions at Dent Zone International Inc.; Recognition Equipment Inc.; Harris Adacom Corporation and Probex Corporation. He holds both CPA (Certified Public Accountant) and CMA (Certified Management Accountant) designations. Additionally, Hall is currently the chairman of the audit committee for MBI Financial Inc., a publicly traded mortgage company.

“RG America will benefit tremendously from Mr. Hall’s business expertise and experience in the public sector. We are confident that, under his leadership, we will be able to take the company to the next level, building on our major accomplishments over the past several years,” commented Edward P. Rea, chairman of the Board for RG America Inc.

Current CEO J.E. (Ted) Rea is leaving the company to found an investment firm to continue his career objectives, leveraging his entrepreneurial background and experience to help emerging public companies and start-ups.

RG America is a family of companies delivering both insurance restoration services and targeted insurance services/products. Its restoration subsidiaries specialize in remediation, insurance recovery, roofing, re-construction and project management for insurance losses. The company focuses primarily on multi-family and commercial real estate properties that have experienced catastrophic losses caused by hurricane, flood, fire, wind or hail. RG Insurance Services Inc. is a full lines insurance agency.

Source: RG America

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