Exhibit 99.01

                          DALRADA FINANCIAL CORPORATION
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FOR IMMEDIATE RELEASE:

CONTACT:
Brian Bonar
Dalrada Financial Corporation
858-427-8700
858-277-3448
inquiries@dalrada.com
www.dalrada.com

DALRADA FINANCIAL APPOINTS NEW BOARD MEMBERS

SAN DIEGO, CA, July 31, 2007 -- Dalrada Financial Corporation (OTCBB: DFCO)
today announced that Stanley J. Costello, Jr. and H. James Agnew have been
elected as new board members; following the resignation of three members.

         Dalrada Financial would like to acknowledge the resignation of Robert
Baker, Jim Ellis, and Dr. Richard Green from the Board of Directors. Each member
has provided Dalrada with valuable resources and outstanding support with its
everyday operations. In their place, Stanley J. Costello, Jr. and H. James Agnew
have been appointed as new members of the board.

         Costello is the Executive Vice President of Sales and Marketing for
Dalrada Financial and the President / CEO of All Staffing, Inc., which was
acquired by Dalrada in September 2006. He started All Staffing in 1991 and has
grown to a company with over 100 million dollars in sales.

         Costello also serves on the Board of Directors for St. Luke's Miners
Memorial Hospital in Coaldale, PA and the National Association of Alternative
Staffing (NAAS). In addition, he is active with the National Society of
Accountants, National Association of Professional Employer Organizations
(NAPEO), and serves as First Vice President of the Northeast Pennsylvania
Alliance (NEPA). Costello received a Bachelor of Science in Business
Administration - Accounting from Shippensburg University.

         Agnew is President and co-founder of Archway Insurance Services, LLC.
He is responsible for the overall management and marketing for the company.
Formerly a senior executive with the leading A.R.T. consultant, Commonwealth
Risk, James earned a reputation as one of the company's leading production
sources for both corporate and specialty business, including recognition as
"Producer of the Year".



         At Archway, James has been integral in establishing the many strategic
traditional and alternative market insurance partnerships and overall corporate
strategy. He is responsible for overseeing all new business production. In 2004,
he was nominated as one of the industry's "people to watch under 40" sponsored
by Business Insurance magazine. Agnew currently serves as Chairman and CEO of
Alliance National Insurance Company.

         "The continuing implementation of our strategic planning will allow
these two new members to play a vital role in moving the company forward." said
Brian Bonar, Dalrada's Chairman and CEO.

ABOUT DALRADA FINANCIAL CORPORATION:

         Dalrada Financial Corporation provides employer business solutions to
small to medium size businesses. The Company assists clients in providing a wide
variety of management and employee programs that increase business efficiency.
These include: payroll and human resources support, staffing, employee benefits,
risk management insurance (including workers' compensation and business
liability), financial management, and other business management products and
services.

         Information on the Dalrada family of companies is available at:
www.dalrada.com and www.allstaffing.com.

SAFE HARBOR:

Statements in this press release may constitute forward-looking statements and
are subject to numerous risks and uncertainties, including the failure to
complete successfully the development of new or enhanced products, the Company's
future capital needs, the lack of market demand for any new or enhanced products
the Company may develop, any actions by the Company's partners that may be
adverse to the Company, the success of competitive products, other economic
factors affecting the Company and its markets, seasonal changes, and other risks
detailed from time to time in the Company's filings with the U.S. Securities and
Exchange Commission. The actual results may differ materially from those
contained in this press release. The Company disclaims any obligation to update
any statements in this press release.