Empire Captal Corp. Completes Initial Public Offering

Empire Capital Corp.

Suite 208 – 2001 Bloor Street West, Toronto, Ontario M6S 1M6 P: 416-604-7620 F: 647-723-7570

EMPIRE CAPTAL CORP. COMPLETES INITIAL PUBLIC OFFERING

May 20, 2010 TSX-V:EPM.P

EMPIRE CAPITAL CORP. (TSX-V: EPM.P) (the “Company”) is pleased to announce that it has completed its initial public offering of 3,500,000 common shares at a price of $0.20 per share, for aggregate gross proceeds of $700,000. Macquarie Private Wealth Inc. acted as the agent for the offering and received a cash commission of $70,000 as well as a non-transferable option to purchase up to 350,000 common shares at a price of $0.20 for 24 months from the date that common shares of the Company are listed on the TSX Venture Exchange. The Company will commence trading as a capital pool company on May 21, 2010.

The Company has also received conditional approval for a working capital private placement of 1,564,915 common shares, issued at a deemed value of $0.20 per share, for aggregate proceeds of $312,983. Finder’s fees will be paid to qualified parties.

On behalf of The Board of Directors of Empire Capital Corp.

Norman Eyolfson, President, CEO, Director

This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the control of Empire Capital Corp. which may cause actual results, performance or achievements of Empire Capital Corp. to be materially different from the results, performance or expectation implied by these forward looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.