CapSource Financial, Inc. Announces Appointment of John Ramos as Chief Financial Officer

BOULDER, CO announced that John Ramos has been appointed Chief Financial Officer. Mr. Ramos has more than 15 years of domestic and international financial experience in the areas of accounting systems, budgeting and forecasting, mergers and acquisitions, due diligence and Sarbanes-Oxley compliance.

Prior to joining CapSource Financial, Mr. Ramos served as a management consultant with Centennial Business Solutions, LLC, a Denver-based consulting firm. While at Centennial, among other activities, Mr. Ramos provided consulting services to Anatolia Minerals Development, Ltd and Comcast Digital Voice Division.

Mr. Ramos spent six years at Media One International (formerly US WEST International) in various financial management positions. In his final assignment Mr. Ramos was posted in Jakarta as Director of Finance for a joint venture between Media One International (formerly US WEST International) and PT Telkom Indonesia.

Mr. Ramos also served as an advisor to Qwest Communications regarding their expansion into Asia. Later, Mr. Ramos served as Chief Financial Officer for a Hong Kong-based media entertainment business where he supervised a staff of ten financial professionals in Hong Kong, Taiwan, Shanghai and Malaysia.

President and CFO Fred Boethling said, "We welcome John to our management team and are confident that his expertise in international corporate finance will be of significant importance as we continue to grow our domestic and international businesses."

About CapSource Financial, Inc.

CapSource Financial, Inc. was incorporated in 1996 to take advantage of the North American Free Trade Agreement (NAFTA) and the increased economic activity that NAFTA triggered when the world's largest free trade area was created by linking 406 million people in Mexico, the U.S. and Canada producing more than $11 trillion worth of goods and services. Mexico is now the United States' second largest trading partner with an average of $650 million in goods crossing the border each day. U.S. trade with Mexico has increased nearly 500 percent -- from $48 billion to $239 billion since the passage of NAFTA. The vast majority of this trade moves by truck.

CapSource Financial, Inc., a U.S. corporation with its principal place of business in Boulder, Colorado, is a holding company that sells and leases dry van and refrigerated truck trailers and manages a lease/rental fleet of over-the-road truck trailers and related equipment through its wholly owned Mexican operating subsidiaries. The Company is the only authorized Hyundai dealer in Mexico. In addition, the Company sells dry van and refrigerated truck trailers in California and Texas through its subsidiary Capsource Equipment Co., d/b/a Prime Time Trailers. In both California and Texas the Company is the authorized Hyundai Trailer dealer. CapSource's common stock trades on the electronic bulletin board under the symbol CPSO.

Certain matters discussed within this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although CapSource Financial, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained. Factors that could cause actual results to differ materially from our expectations include financial performance, changes in national economic conditions, economic conditions in Mexico, availability of financing, governmental approvals and other risks detailed from time to time in the company's SEC reports.

For Additional Information Contact: CapSource Fred Boethling (888) 574-6744 Visit the company's website: www.capsource-financial.com

Capsource Financial (CE) (USOTC:CPSO)
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