Press Release...June 10, 1999...Insider Trading Initiates Monthly Free Training Seminar Program
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--June 10, 1999--Insider Trading, a wholly owned subsidiary of PanAmerican BanCorp, has announced the introduction of its free training seminar program to be held at each Insider Trading location on a monthly basis. The first seminar in the program will be held in Boca Raton, Florida on June 24, 1999. The monthly free training seminar program will be promoted with a media campaign that will start at least one week prior to the seminar. The promotion for the Boca Raton seminar will begin on Wednesday, June 16th. The Insider Trading television commercial advertising the details of the seminar will air on CNBC on local area cable systems.
Insider Trading is committed to achieving a dominant position in the emerging on-line day trading market. "In order to achieve our goal of being a leader in this market", stated Charles Vaccarro, President of Insider Trading, "we not only have to be aggressive in our marketing efforts but need to ensure that all of our clients are properly trained and supported. This process must begin from the new trader's first contact with Insider Trading."
PanAmerican BanCorp was initially formed to take advantage of developed niches in international mortgage banking and to provide technologically advanced applications for the mortgage industry. Since then, PanAmerican BanCorp has branched into other endeavors, including: PanAmerican Healthcorp; Insider Trading, a security trading system for sophisticated investors; the development of a "dot com" division known as PanAmerican Internet Group; a joint venture with FirstStates Financial Services Corp. to form a federally chartered thrift institution; and a recently announced agreement with Healthwyz, Inc. to market the DigiBill(TM) product in North and South America.
Except for historical information, the matters discussed in this news release may be considered "Forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that nay such forward-looking statements are not guarantees of future performances and involve a number of risks and uncertainties that could materially affect results.
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CONTACT: PanAmerican BanCorp, Hauppauge
Investor Relations
Ray Gamble
516-951-1638
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