Exhibit 99.3
                   SCOTT HALPERIN RESIGNS AS CHAIRMAN AND CEO
                           OF THE CLASSICA GROUP, INC.

     October 8, 2003, Sayreville, New Jersey - The Classica Group, Inc. (NASDAQ:
TCGI) today  announced that its Board of Directors  accepted the  resignation of
Scott G.  Halperin as  director,  Chairman  and Chief  Executive  Officer of the
Company.  Mr.  Halperin  has agreed to remain  available  to the  Company at its
request to provide services as the Company's management deems necessary.

     The Company  stated that its Chief  Financial  Officer,  Bernard F. Lillis,
Jr., has agreed to serve as acting Chief Executive  Officer until such time as a
permanent replacement is hired.

For information contact:

W. Raymond Felton, Esq. 732-549-5600