EPIK Epic Bancorp (MM)

Tamalpais Bank today announced that current CEO and President Mark Garwood will assume the role of Chairman in recognition of his expanding role in the strategic development of the organization. The bank, a wholly-owned subsidiary of Epic Bancorp (NASDAQ:EPIK) founded in 1991, operates seven branches in Marin County and has two SBA and loan production offices (in Santa Rosa and Sacramento). Carolyn Horan, Ed.D, Chairman of Epic Bancorp and previous Chairman of Tamalpais Bank, will become Vice Chairman of the Bank and remain Chairman of the parent corporation. Garwood is also the CEO and President of Epic Bancorp. He was also Vice Chairman of the Bank prior to this promotion. �Mark is a very talented banker and executive,� she said. �As CEO of the bank, he has led the development and expansion for us and, in his new role, he will employ his skills and expertise on an even broader scale.� Garwood, a community leader who is also Chairman of the non-profit Marin Workforce Housing Trust, has served in a variety of senior management positions at the Bank since its inception. He is also former chairman of the board of the San Rafael Chamber of Commerce. �As the Bank moves into the next phase of its development, the Board felt it was important that we establish an executive structure that would allow for the efficient alignment of the CEO and Chairman�s position. Carolyn will continue to concentrate her considerable expertise on the strategy of the entire corporation,� he said. �At the same time, we will still have valuable input at the Bank.� Garwood said the Bank, Marin�s first fully �green bank,� would continue to expand its services on the business-to-business side of its operations. �We are one of the largest SBA lenders in Northern California and with our new office in Sacramento will be serving an even broader geographic area.� Garwood resides with his family in Kentfield, CA. About Epic Bancorp Epic Bancorp (www.epicbancorp.com), based in San Rafael, CA, is the parent company of Tamalpais Bank and Tamalpais Wealth Advisors. The Company had $543 million in assets and $370 million in deposits as of September 30, 2007. Shares of the Company's common stock are traded on the NASDAQ Capital Market System under the symbol EPIK. For additional information, please contact Mark Garwood at 415-526-6400. About Tamalpais Bank Tamalpais Bank, a wholly owned subsidiary of Epic Bancorp, operates seven branches in Marin County and loan production offices in Sacramento and Santa Rosa. The branches are located in Corte Madera, Greenbrae, Mill Valley, San Anselmo, downtown San Rafael, Terra Linda and Tiburon/Belvedere. For additional information, please contact Mark Chapman 415-526-6485. About Tamalpais Wealth Advisors Tamalpais Wealth Advisors, a wholly owned subsidiary of Epic Bancorp, specializes in helping clients of Tamalpais Bank and other high net worth families reach their lifetime financial goals through a collaborative, comprehensive and education-oriented approach to investment management. For additional information about Tamalpais Wealth Advisors, please call Bill Osher at 415-526-4300. This news release contains forward-looking statements with respect to the financial condition, results of operation and business of Epic Bancorp and its subsidiaries. These include, but are not limited to, statements that relate to or are dependent on estimates or assumptions relating to the prospects of loan growth, credit quality, changes in securities or financial markets, and certain operating efficiencies resulting from the operations of Tamalpais Bank and Epic Wealth Management. These forward-looking statements involve certain risks and uncertainties. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, among others, the following possibilities: (1) competitive pressure among financial services companies increases significantly; (2) changes in the interest rate environment reduce interest margins; (3) general economic conditions, internationally, nationally or in the State of California are less favorable than expected; (4) legislation or regulatory requirements or changes adversely affect the businesses in which the consolidated organization is or will be engaged; (5) the ability to satisfy the requirements of the Sarbanes-Oxley Act and other regulations governing internal controls; (6) volatility or significant changes in the equity and bond markets which can affect overall growth and profitability of our wealth management business and; (7) other risks detailed in the Epic Bancorp filings with the Securities and Exchange Commission. When relying on forward-looking statements to make decisions with respect to Epic Bancorp, investors and others are cautioned to consider these and other risks and uncertainties. Epic Bancorp disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.