DCAP Unity Wealth Partners Dynamic Capital Appreciation & Options ETF

DCAP Group, Inc. (NASDAQ: DCAP), the largest chain of independent storefront insurance agencies in the Northeast, today reported a net loss for the full year 2007 of $47,445 (or $0.02 per diluted share) as compared to net income of $508,385 in 2006 (or $0.17 per diluted share). Net loss from continuing operations was $318,613 in 2007 as compared to a net income from continuing operations of $168,140 in 2006. Income from discontinued operations, net of tax, was $271,168 in 2007, down from $340,245 in 2006. Year in Review �The market conditions during calendar year 2007 were extremely difficult,� said Barry Goldstein, DCAP�s Chairman and CEO. �Our company-owned and franchised stores continued to feel the effects of declining rate pressures and reduced market share brought on by the direct writers�, Mr. Goldstein continued. �The first signs of a turnaround in premium rates were seen in late 2007 and early in 2008 with rate increases by both Progressive and GEICO being approved by the NYS Insurance Department. Although we believe that rate levels have bottomed out, signaling an end to this three year �soft market�, there is no indication whether the auto insurance specialist�s loss of market share has stopped or will stop.� Mr. Goldstein stated, �Payments, Inc., our premium finance company, saw its volumes decline to a point where we could no longer justify continuing to operate as a full service finance company. As a result, on February 1, 2008, we sold our loan portfolio and used the proceeds to pay the associated debt. We now operate on a fee-based model. (Our premium finance results for 2007 and 2006 are now included as �Discontinued Operations�).� Mr. Goldstein indicated �the process of converting Commercial Mutual Insurance Company (�CMIC�) to a stock company continues. Earlier this month, CMIC requested that permission be granted to submit a plan of conversion to the New York State Insurance Department. Noting that the conditions precedent to the plan of conversion were previously met, the Commissioner granted approval for CMIC to submit its plan. Such plan is anticipated to be submitted in April and it is hoped that the conversion will be finalized, resulting in CMIC becoming a subsidiary of DCAP. There can be no assurance that the conversion will be completed.� �Over the past few years there have been many changes to the insurance marketplace,� continued Mr. Goldstein. �Some, such as rate level swings, are to be expected and must be dealt with by all brokers. Other changes, such as the incursion by the direct writers and their growth in market share, may be permanent.� Mr. Goldstein concluded, �Our Board and management continually address the opportunities and challenges of the insurance marketplace, and are actively reviewing our short-term and long-term strategies. Our objective is to place our company�s available capital in those parts of the business where the best results can be expected.� Financial Results � � 2007 2006 � Commissions and Fees $ 5,745,197 $ 7,121,724 (Loss) income from continuing operations-net of tax (318,613 ) 168,140 Income from discontinued operations-net of tax 271,168 340,245 Net (Loss) Income (47,445 ) 508,385 � Diluted Per Share Information: (Loss) Income from continuing operations (.11 ) 0.06 Income from discontinued operations 0.09 0.11 (Loss) Income per common share (.02 ) 0.17 � Weighted Average Diluted Shares Outstanding 2,963,036 3,250,937 About DCAP Group DCAP Group, Inc. owns and operates the largest chain of independent storefront insurance agencies in the Northeast. Through DCAP Insurance, Barry Scott Insurance, Atlantic Insurance Agency and Accurate Agency, DCAP Group provides automobile insurance (and to a lesser extent, motorcycle and homeowners), enhanced by complimentary premium financing capabilities, to retail customers in New York, New Jersey, and Pennsylvania. Other products include automobile club service for roadside emergencies and income tax preparation services. As of March 31, 2008, there were 69 owned or franchised storefront locations. Forward Looking Statements Statements in this press release may contain �forward-looking statements� within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These statements are based on management�s current expectations and are subject to uncertainty and changes in circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those included in forward-looking statements due to a variety of factors. More information about these factors can be found in DCAP�s latest Annual Report filed with Securities and Exchange Commission under Form 10-KSB. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.