EXHIBIT 99.1

                                  [ERCG LOGO]


                       RCG SELECTS CRISP HUGHES EVANS LLP

Charlotte, NC--February 6, 2002--eResource Capital Group, Inc. ("RCG," AMEX:
RCG) announced today that the audit committee of its Board of Directors has
elected Crisp Hughes Evans, LLP as auditors for the company. Crisp Hughes Evans
LLP, is one of the top 5 firms in the Southeast and one of the top 50 in the
nation. They are now ranked by Bowman's Accounting Report as one of the top 25
"Best of the Best" accounting firms in the country.

"We have been very impressed with Crisp Hughes Evans and are looking forward to
our business relationship. They have a highly respected reputation in the
southeast, so this is a positive move for us," stated Mike Pruitt, President and
CEO of RCG. RCG will release its second quarter earnings on February 14th, 2002.

ABOUT ERESOURCE CAPITAL GROUP

eResource Capital Group, Inc. (AMEX: RCG), based in Charlotte, N.C., is a
network of technology and service companies brought together under one operating
company to benefit from synergistic relationships and the infusion of
intellectual and capital resources. RCG plans to strengthen its network through
timely acquisitions and by growing and enhancing its member companies. RCG's
strategic focus is in five technology industry segments: e-commerce, Internet
infrastructure, technology-related professional services, enabling technology,
and data/communication systems. Operating companies in the RCG network include:
LifeStyle Technologies; flightserv.com; Internet Aviation Services, Ltd.; Travel
Depot & Cruises, Inc.; DM Marketing, Inc.; Avenel Ventures, Inc.; Avenel
Alliance, Inc.; and Logisoft Computer Products Corp. More information is
available on RCG at www.eresourcecapital.com. For investor information, contact
Ginger Groce at 704-553-9330 ext. 23 or vhg@eresourcecapital.com


Statements in this news release about anticipated or expected future revenue or
growth or expressions of future goals or objectives, including statements
regarding whether current plans to grow and strengthen the company's existing
network will be implemented or accomplished, are forward- looking statements
within the meaning of Section 21E of the Securities Exchange Act of 1934, as
amended. All forward-looking statements in this release are based upon
information available to the Company on the date of this release. Any
forward-looking statements involve risks and uncertainties, including the risk
that the Company will be unable to grow or strengthen its network due to a lack
of capital or an inability to identify acquisition candidates, as well as those
risks and uncertainties described in the Company's filings with the Securities
and Exchange Commission, that could cause actual events or results to differ
materially from the events or results described in the forward-looking
statements, whether as a result of new information, future events or otherwise.
Readers are cautioned not to place undue reliance on these forward-looking
statements.

INVESTOR RELATIONS:        Ginger Groce, eResource Capital Group, Inc.,
                           vhg@eresourcecapital.com Telephone: 704-553-9330