Exhibit 99.1






       THE CLASSICA GROUP, INC. REQUESTS LIQUIDATION UNDER CHAPTER VII OF
                       THE UNITED STATES BANKRUPTCY CODE


March 24, 2004, Sayreville, New Jersey - The Classica Group, Inc. ( Pink
Sheets:TCGI) today announced that it has filed a voluntary petition for
liquidation under Chapter VII of the United States Bankruptcy Code in the United
States Bankruptcy Court of the District of New Jersey.

The Company has taken this action because it has been unable to generate
sufficient revenue or to raise sufficient working capital to sustain its
operations.

Immediately upon the filing of the petition all of the Officers and Directors of
the Company resigned their respective positions. A Trustee will be appointed by
the Court to liquidate the assets of the Company and oversee the windup of its
affairs.


For information contact:

W. Raymond Felton, Esq.
732-549-5600