CARDIFF, Calif., Feb. 20 /PRNewswire-FirstCall/ -- Blackhawk Financial, Inc., (Pink Sheets: BLWK) is on track to record the most revenue in The Company's history. The Company has resolved to expand its operations and hire additional staff to service the demand for the specialized financial services it provides. Blackhawk Financial anticipates a 100% increase in revenue from fiscal year end 2008 through 2009.

After receiving notice that the pending acquisition of BLWK does not intend to close, The Company has focused on its core operations going forward. Blackhawk Financial, Inc. is a diversified Financial Services Firm, trading on the OTC market under the symbol BLWK. The Company specializes in International Consulting for publicly traded companies throughout the United States and Europe. Blackhawk Financial serves a highly specialized niche of listing U.S. public companies on the European Exchanges, including Frankfurt and Berlin and provides Investor Relations services for the OTC market. Services provided by The Company generate revenue with high profit margins and aggressive growth achieved through acquisitions.

From time to time, the Company may issue news releases that contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be 'forward-looking statements.' 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

SOURCE Blackhawk Financial, Inc.