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Non-Tech : Under $2.00 stocks

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From: jmhollen3/8/2006 1:06:09 PM
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FGFC -- First Guardian Financial Corporation Agrees to Acquire a Majority Stake in Windsor Capital LTD.

NEW YORK, Mar 08, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (FGFC:PK) today announced that it has agreed in principle to acquire a majority stake in privately held New York based Windsor Capital Ltd, subject to all regulatory, contractual and legal requirements.


Windsor Capital Ltd. Is a private consulting and investment firm specializing in the areas of information technologies serving the Banking, Investment Banking and Health Care Service industries, the acquisition is expected to be completed within the next 30 to 45 days of which terms of the deal will be released.

The company believes that its investment in Windsor Capital Ltd. Will add an additional revenue stream along with a significant return on investment, and will bring additional professional talent to assist in its other recently acquired project Buysellmerge.com thus enabling us to fast track said project.

"We are very excited to have been able to reach a deal in principle with Windsor Capital as the synergies of the two companies are phenomenal; the company expects tremendous results as the companies get under way with staffing and infrastructure and integration throughout the company." Said Abraham Rosenman President First Guardian Financial Corporation

About First Guardian Financial Corporation:

The company is an Investment Banking & Commercial Real Estate Finance Company serving the small to mid sized market. Its primary goal is to provide products and services within the commercial real estate finance, mergers & acquisition and investment banking sector and participate/joint venture in start up projects throughout the United States.

SOURCE: First Guardian Financial Corporation
CONTACT: First Guardian Financial Corporation Investor Relations, 212-572-4823 Fax: 212-572-6499 ir@guardianfinancialcorp.com www.guardianfinancialcorp.com

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