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RHWC News Reliant Eagerly Anticipates First Quarter 2007 Launch

TORONTO--(BUSINESS WIRE)--Reliant Home Warranty Corporation (OTCBB:RHWC) President & CEO Boyd Soussana announced today Reliant Home Mortgage Canada Inc., Reliant Home Warranty Corporation’s Canadian operating subsidiary, is on course to launch the full spectrum of its programs in the first quarter of 2007. Encouraging broker feedback received from Reliant’s earlier Beta Program has been invaluable.

Program improvements include:

• Simplified front end application screens with an option for EDI (electronic data interface);
• Greater intuitive search functionality;
• Broker commission tracking;
• Broker/Underwriter communication interface;
• Real-time mortgage status updates; and
• Direct real-time credit bureau interface.

“The results of the Beta Program have accelerated refinement of our processes, technology and rate structure in order to meet and exceed the quality service levels expected by our broker network. We have confidence Reliant will be positioned as the Canadian mortgage broker service leader. We look forward to delivering profitable value to all of our stakeholders,” stated Mr. Soussana.

About Reliant Home Warranty Corp., http://www.relianthwc.com

Reliant securitizes its mortgages by accessing several separate sources of capital. Mortgages are sold to institutional investors as well as being securitized through the usual securitization conduits.

For more information on Reliant programs visit the Web site at http://www.relianthwc.com.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be forward-looking statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made to involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. For a summary of such risks and uncertainties, see the Company's periodic reports and other filings with the Securities and Exchange Commission.