EPHREN W TAYLOR II, 24 year old multi-millionaire and youngest african-american CEO of a public company presents $350,000 check to tom Joyner foundation and Cheyney University

Released on = April 19, 2007, 2:32 am

Press Release Author = Ephren W.Taylor II

Industry = Media

Press Release Summary = America's youngest African-American CEO of a publicly-traded
company, Ephren W. Taylor II will donate a significant gift to Cheyney University of

Press Release Body = CHEYNEY, PA 19 April 2007 - America's youngest
African-American CEO of a publicly-traded company, Ephren W. Taylor II will donate a
significant gift to Cheyney University of Pennsylvania. The event will be held on
Friday, April 20, at Cheyney's Graduate School site, 701 Market Street (Mellon
Building) third floor. Taylor will be presenting a $350,000 check to create a
specialized curriculum and academy for high school and college-aged aspiring
entrepreneurs, named in his honor. He will also describe how the Academy will
address and help ease the current violence in Philadelphia. The Ephren W. Taylor II
Entrepreneurial Academy is scheduled to open in July 2007.

Taylor is a vision-driven wealth entrepreneur, inspirational speaker and corporate
philanthropist. He is the CEO of City Capital Corporation (OTCBB:CCCN), which
creates economically-sound, socially-conscious investments that give back to local
communities, and create affordable homes for working class families nationwide. His
companies currently manage over $150 million in assets and projects.

"The American service industry calls upon higher education to create programs that
spark the spirit of enterprise. The parallel development of an international
program and the Ephren W. Taylor II Entrepreneurial Academy at Cheyney University
will make our graduates an invaluable human capital resource for both developed and
developing countries," said M. Starita Boyce, Ph.D., vice president for
Institutional Advancement at Cheyney. "There is no better place for learning than
Cheyney University, the alma mater of giants such as Edward R. Bradley, Octavius
Catto, Rebecca Cole, M.D. and James R. Dumpson, Ph.D."

Recently, Taylor launched the Urban Wealth Tour to promote economic empowerment,
affordable housing and entrepreneurship in urban communities. During his visit to
Pennsylvania, he will speak at local high schools, address private investors,
educators, non profit organizations, religious and government leaders to encourage
positive change in their urban communities. He will also make another presentation
to Tom Joyner at the Cheyney University "Lunch with a Purpose," to be held at noon
on April 20 at the Pyramid Club.

"It is a great honor to be a catalyst for student entrepreneurs and to transfer the
advantages that I had growing up to our youth. It is particularly gratifying to
partner with a Historically Black College, specifically America's oldest HBCU. We
intend to use the Ephren W. Taylor II Entrepreneurial Academy at Cheyney as an
international model for future partnerships in higher education," asserts Taylor.

Widely respected as a true "Wealth Engineer", Taylor utilizes his innovative model
to raise capital and enhance his clients' ability to develop and manage wealth. City
Capital recently signed a $50,000,000 credit facility agreement with The Lucian
Group of Rochester, NY to accelerate their ability to leverage investments, holdings
and other assets to build value for investors and shareholders, all while creating
positive change in communities nationwide.

Cheyney University is the nation's oldest historically Black institution of higher
education, and the only Historically Black College and University (HBCU) in the
Pennsylvania State System of Higher Education. At its inception, the school
successfully provided free classical education for qualified young people, and today
the university offers baccalaureate degrees in more than 30 disciplines and six
master's degree programs. For more information, please visit our website at

For all media inquiries-including interview requests, please contact Candace D.
Reese via email at Candace@EnvisionPR.com or via phone at (678) 367-3117. To book
Ephren Taylor for speaking engagements, appearances, conferences and seminars,
please send your request to Raoul Davis with raouldavis@ascendantstrategy.net and
visit www.4thdimensionmngt.com.

Ephren W. Taylor II is the youngest African-American CEO of any publicly traded
company--City Capital Corporation (OTCBB:CCCN). He started his first business
venture at age 12, built a multi-million dollar national company by age 17, and his
companies currently manage over $150 million in assets. He serves a diverse client
list ranging from Wall Street investors and top executives, to professional athletes
and entertainment icons. His concepts on empowering local communities with
socially-conscious investing and development earned him the distinguished 2002
Kansas Young Entrepreneur of the Year Award. He has served as keynote speaker for
dozens of colleges and business organizations; as a frequent guest panelist for
events such as the Wall Street Economic Summit and the Congressional Black Caucus;
and is well-known as an expert guest on hundreds of local and national television
and radio shows including CNBC's "Big Idea", FOX News' "Your World with Neil
Cavuto", "Bulls and Bears", the "Tom Joyner Morning Show" and the "Doug Banks
Morning Show". He currently hosts the \"Soul of Success\" radio show now airing on XM
Satellite Radio Station on Family Talk 170XM. His Urban Wealth Tour will visit 18
cities in 2007 and present his economic empowerment message to thousands across
America, bringing together educational, non profit and government leaders to create
positive change in urban communities. Beyond his accomplishments in the technology
and financial industry, Taylor is an author, inspirational speaker and real estate
mastermind. Taylor's web site is www.ephren.com.

City Capital Corporation (OTCBB: CCCN) is a publicly-held investment development
group dedicated to "Socially-Conscious Investing to Empower Urban Communities."
City Capital Corporation (OTCBB:CCCN) is engaged in leveraging investments, holdings
and other assets to create self-sufficiency for communities around the country and
the world. City Capital currently manages diverse assets and holdings including
real estate developments, such as the extensive Kansas City (Missouri) Historic Jazz
District redevelopment; buying, selling & drilling of oil & gas properties, and
more. The company web site is www.CityCapCorp.com. For more information email
IR@CityCapCorp.com or call 877-367-1463.

Envision Consulting Services, Inc. is a results-oriented, full-service public
relations boutique, helping clients reach their business visions and create new
corporate images, through effective communications and public relations management.
The company web address is www.EnvisionPR.com.

Web Site = http://www.4thdimensionmngt.com

Contact Details = 4th Dimension Management
Raoul Davis
7900 Lindbergh Blvd Suite 3605
Philadelphia, PA 19153
Event request and information line: 336.575.3594
Office line: 215.492.8981
Fax line: 215.492.8961

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