MicroTRAK, Inc. Announces Termination of Agreement with InterFinancial Holdings, Corp.

DALLAS--July 8, 2005--MicroTRAK, Inc. (Pink Sheets:MIOK) announced today that they have formally cancelled a letter of intent to exchange common shares for 10 million shares of common stock with InterFinancial Holdings, Corp., a publicly traded commercial bank and finance company. MIOK feels that this agreement is not in the best interest of the company and has determined that the exchange with IFLH will not financially benefit MIOK's future strategic market acquisitions. MIOK will continue to actively seek new financial opportunities as it develops as a healthy public company.

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although InterFinancial Holdings believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included herein, the inclusion should not be regarded as a representation by InterFinancial Holdings or any other person that the objectives and plans of InterFinancial Holdings will be achieved.