Mandate from SKGB

Sirius Financial Servicessubsidiary, Samvriddhi, Receives New Banking Mandate from Regional Rural Bank

SanDiego, CA – August 21, 2012- Sirius Financial Services (Pink Sheets: JZZI)subsidiary, SAMVRIDDHI, got themandate for creating 65 Customer Service Points (CSPs) from a Regional Rural Bank (SKGB) sponsoredby State Bank of India, the largest commercial Bank in India in the State ofBihar, India.

TheBank has also mandated SAMVRIDDHI to create 22 Ultra Small Branch (USB) out of65 CSPs as per the Government of India guidelines to distribute varioussubsidies granted to the Bottom of the Pyramid people through these USBs.Besides, there are at least 32 schemes where the benefits are to be transferredto the beneficiaries and adoption of electronic benefit transfer would greatlyenhance the efficiency of such transfers, besides reducing the scope ofmalpractices. In this project, the Bank has provided Financial Inclusionsoftware taken from ‘c-edge’, aTechnology outfit jointly promoted by StateBank of India and TCS (Tata Consultancy Services).

AboutSirius Financial Services, Inc.

Atpresent, JZZ technologies has one wholly owned subsidiary, Sirius FinancialServices, Inc., which in turn owns 100% of Samvriddhi, a company that representscommercial banks in India and provides financial services to the villagers asmandated by the Government of India and the reserve bank of India. It intendsto build effective working relationships with other strategic companies towardsacceleration of Social and Financial Inclusion drive.

Forward-Looking Statements Disclosure

This press release may contain"forward-looking statements" within the meaning of the federalsecurities laws. In this context, forward-looking statements may address theCompany's expected future business and financial performance, and often containwords such as "anticipates," "believes,""estimates," "expects," "intends,""plans," "seeks," "will," and other terms withsimilar meaning. These forward-looking statements by their nature addressmatters that are, to different degrees, uncertain. Although the Companybelieves that the assumptions upon which its forward-looking statements arebased are reasonable, it can provide no assurances that these assumptions willprove to be correct. All forward-looking statements in this press release areexpressly qualified by such cautionary statements, risks, and uncertainties,and by reference to the underlying assumptions.

Contact:

Cherian Arattuculam, CEO
408-912-8354