Exhibit 99.1

        Adsouth Partners, Inc.          MFC Development Corp.

Adsouth Partners, Inc. Enters Into Letter of Intent To Sell Multiple Brands From
Its Consumer Product Portfolio To MFC Development Corp.

Cash and stock transaction valued at $9.5 million

Adsouth will retain Genco subsidiary and Advertising Division

MFC expands product portfolio and enters direct to retail channel

BOCA RATON, Fla and LOS ANGELES, CA - April 11, 2006 - Adsouth Partners, Inc.
(OTCBB:ASPR), and MFC Development Corp (OTCBB:MFCD) announced today the signing
of a Letter of Intent wherein Adsouth will sell all of its product brands from
its consumer product portfolio to MFC in a cash and stock transaction to be
valued at $9.5 million. The transaction which is subject to a complete due
diligence, the execution of a definitive agreement and the satisfaction of
closing conditions is expected to close in the second quarter of 2006.

Under the terms of the letter of intent, MFC Development Corp., through a wholly
owned subsidiary NEWCO, will acquire all of the assets of its retail
distribution and product brands company AdSouth, Inc., as well as the brands,
DermaFresh, E70, and Mitsu and the distribution rights to Simon Solutions from
Adsouth for $4.0 million in cash and $5.5 million of MFC common stock. In 2005,
the Division incorporating these brands shipped in excess of $6.5 million and on
a proforma basis, excluding certain allocated overhead expenses, non-cash stock
compensation expenses and expenses not directly associated with the brands being
sold, would have realized more than $1.5 million of divisional operating income.
The transaction does not include any assets or activities related to Adsouth's
fast growing, majority owned subsidiary Genco Power Solutions or the Company's
Advertising Division.

Jeffrey S. Edell, President and Co-Chief Executive Officer of MFC Development
Corp. stated, "The acquisitions of these brands is an ideal fit for MFC's
business plan, which calls for acquiring underleveraged products that we can
build into lifetime brands. Through our formula of combining creativity,
proprietary analytical tools, a heavy emphasis on internet marketing and
continuity programming, we believe we can significantly improve the sales and
profitability of these acquired products. We believe that this transaction will
be accretive to the company's earnings in the fourth quarter of 2006 and for the
calendar year 2006."

John Cammarano, Adsouth's Chief Executive Officer commented, "We are very
excited about this transaction and believe it presents an excellent financial
and strategic opportunity for both Adsouth and our shareholders. Through this
sale, we are monetizing the underlying value we hold in DermaFresh, E70 and
Mitsu. In addition, this transaction gives Adsouth the financial flexibility to
focus on expanding our rapidly growing integrated power generator business,
Genco Power Solutions and offer the opportunity for greater short and long term
returns to our shareholders."

Nancy Duitch, Chief Marketing Officer and Co-CEO of MFC Development Corp. noted,
"This transaction will expand MFC's distribution capabilities by allowing us to
penetrate the direct to retail channel through Adsouth's large retail
distribution network of over 20 retail and wholesale customers and provides our
existing product portfolio access to over 18,000 retail locations, such as
Wal-Mart, CVS, and Walgreens throughout the country."


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About Adsouth Partners, Inc.

Adsouth Partners is a vertically integrated direct response marketing company
that generates revenues from the placement of advertising, the production of
advertisements, creative advertising and public relations consulting services.
Since mid 2004, it has expanded its activities as it obtained the rights to
products that it markets and sells to retail outlets. Since December 2005,
through a majority-owned subsidiary, Genco Power Solutions, Inc., the Company
has been marketing integrated power generator systems to residential homeowners
and commercial business throughout Florida. A complete list is available on our
website at http://www.adsouthinc.com and a preview of the products offered is
available at http://www.dermafresh.com

About MFC Development Corp.

MFC, Development Corp., which is has offices in New York and Los Angeles, is a
direct response marketing, distribution and branding company. Through its wholly
owned subsidiary Worldwide Excellence www.wwexcellence.com the Company
specializes in the development, marketing and distribution of health, beauty
fitness and consumer products, throughout all forms of media. The Company is
focused on licensing, developing and acquiring products that are high quality
and relevant to the consumer. Through a formula of combining creativity and
proprietary strategic analytical tools, the Company is deploying `continuity'
(recurring revenue) programs that are designed to optimize revenue growth and
profitability of its various products.

Certain statements in this news release may contain forward-looking information
within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the Safe Harbor
created by those rules. All statements, other than statements of fact, included
in this release, including, without limitation, statements regarding potential
future plans and objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Events that may arise
could prevent the implementation of any strategically significant plan(s)
outlined above. The Company cautions that these forward-looking statements are
further qualified by other factors including, but not limited to, those set
forth in the Company's Form 10-KSB filing, its registration statements and other
filings with the United States Securities and Exchange Commission (available at
www.sec.gov). The Company undertakes no obligation to publicly update or revise
any statements in this release, whether as a result of new information, future
events or otherwise.

CONTACT:

AdSouth Partners, Inc.
John Cammarano
561-750-0410

or

Alliance Advisors
John Lovallo, 203-431-0587
jlovallo@allianceadvisors.net


MFC Development Corp.
Jeffrey Edell, President and Co-Chief Executive Officer
310-575-0955
InvestorRelations@wwexcellence.com


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