ANZA CAPITAL INC. AND HOMELIFE INC. ANNOUNCE REORGANIZATION AGREEMENT
October 07, 2002 04:00 AM ET

COSTA  MESA,  Calif.  --  (BUSINESS  WIRE)  -- Oct. 7, 2002 -- Vincent Rinehart,
president  &  CEO of Anza Capital Inc., ANZA (Frankfurt Exchange: ANZA.f)(Berlin
Exchange:ANZA.BE)  and Andrew Cimerman, president and CEO of HomeLife Inc. HMLF,
today  jointly  announced  the  execution  of  a  Reorganization  Agreement.

The  Reorganization  Agreement  requires  the  approval of each of the company's
common  and preferred  shareholders.  The companies intend to file a joint Proxy
Statement  shortly  with  the  Securities  Exchange  Commission.  Anza's current
management  team  will  assume  the management responsibilities of the surviving
company,  which  shall  be  named AMRES Capital Inc., and will consist of Anza's
current  assets and subsidiaries and HomeLife's Red Carpet Real Estate trademark
and  operations.

HomeLife  and  its wholly owned subsidiaries franchise and operate more than 100
Red  Carpet, HomeLife and National real estate brokerage offices. Anza Capital's
primary  subsidiary is American Residential Funding, a home loan brokerage firm.

This news release contains certain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 regarding future results
of  operations  and  market  opportunities  that  are  based on Anza Capital and
HomeLife's current  expectations,  assumptions, estimates  and projections about
the  company  and  their  industry.  Investors are cautioned that actual results
could differ materially from those anticipated by the forward-looking statements
as  a  result of risks, competition and other factors. These factors, along with
other  potential  risks  and  uncertainties  are  discussed  in Anza Capital and
HomeLife's reports,  as  well  as their subsidiaries, and other documents  filed
with  the  Securities  and  Exchange  Commission, including recent Quarterly and
annual  reports.  Anza  Capital  and HomeLife assume no obligation to update the
forward-looking  information  contained  in this news release and encourages all
potential  investors  to  do  their  own  due diligence and suitability analysis
before  any  investment  is  made.

Contact Information: Anza Captial, Inc., Costa Mesa
Vincent Rinehart, 714/866-2100
vince@amres.net
or
HomeLife Inc.
Andrew Cimerman, 714/418-1414
acimerman@earthlink.net