SAN DIEGO, April 24 /PRNewswire-FirstCall/ -- Frontera Investment, Inc. (Pink Sheets: FRNV) announced today that its March 2009 revenues increased 39.7% to $740,800 compared to $530,200 in March 2008. First quarter 2009 revenues ending March 31, 2009 increased 39.4% to $2,137,000 compared to $1,534,000 for the first quarter 2008. The Company operated six full service stores and one embedded store this March and operated three full service stores and two embedded stores the previous March. For the first quarter 2009, Ebitda for the five full service comparable stores increased 340% to $232,700, or $46,500 per store compared to $52,900, or $17,600 per store for the three full service stores in operation during the first quarter 2008. Total store Ebitda for the first quarter 2009 increased 239% to $214,800 for all stores compared to $63,300 during the first quarter 2008. On March 1, 2009, Frontera successfully relocated its Lake Elsinore Kiosk to a full service branch in a nearby strip center. On April 1st, Frontera opened a new full service branch in Encinitas, CA. Frontera has three additional stores in the pipeline which will be staged to open over the next five months as funding is obtained to finance the acquisition and working capital needs of each new store. The Hispanic market is currently estimated at 40 million consumers; over half do not use any form of banking service. About 35 percent of the total US households are un-banked or use alternative financial services companies. Frontera currently operates eight stores in Southern California. Forward-Looking Statements: Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete expansion within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; ability to raise capital to support its growth strategy; changes in business strategy; and the successful integration of newly acquired businesses. DATASOURCE: Frontera Investment, Inc. CONTACT: Allan C. Youngberg, CFO of Frontera Investment, Inc., +1-858-549-7061, Web Site: http://www.fronterainvestment.com/

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