Press Release... February 22, 1999... PanAmerican BanCorp Opens New Division
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Feb. 22, 1999--PanAmerican BanCorp
(OTC-BB PRWT) announced today the formation of PanAmerican's newest division, PanAmerican Internet Group, Inc. The development of the Internet Group enables PanAmerican BanCorp to take advantage of emerging interactive opportunities as well as support technology associated with the company.
PanAmerican Internet Group, Inc. is headquartered in Manhattan's Silicon Alley with regional offices around the country, and will be run under the leadership of Bill Black, President. Net entrepreneur Black is the founding partner of Plug & Play Technologies, founder and Managing Director of WebWyz Technologies, Inc., 2-1/2 year old web development company, and founder and Managing Director of HealthWyz Technologies, Inc., a health services software developer for Windows CE. HealthWyz is also the developer, along with PanAmerican Healthcorp, of the Electronic Superbill(TM), a paperless medical office management system.
Other key PanAmerican Internet Group, Inc. executives include: noted author and self titled "tech wrangler" Larry Roof, Director, Research and Development; Jeff Fleischer, Technology Director, and Laura Bykowski, Managing Director. Roof is the author of Professional Visual Basic Windows CE Programming and other books on developing applications for the desktop and handheld PC. His strong technical background is mission critical systems in heavy manufacturing. Fleischer has extensive hardware and software experience with major computer companies, software developers and maintains numerous strategic alliances in the industry. Bykowski, formerly of Blue Dingo Digital, brings advertising, marketing, project management, web development and interactive experience to the company.
Immediate goals of PanAmerican Internet Group, Inc., are new ventures and enterprises for PanAmerican BanCorp including but not limited to:
-- Interactive and web Technologies
-- Regional, soon to be national, Internet Service Provider
-- Developer and retailer of desktop computer systems
-- The Deao.com web site
-- Web site housing
-- Content development
-- Web site development and E-commerce
One of the first responsibilities of PanAmerican Internet Group, Inc. is producing the PanAmerican Virtual Open House on Wednesday, February 24.
In addition, PanAmerican Internet Group, Inc. will consult on PanAmerican BanCorp business pursuits, such as video teleconferencing, health care technologies systems and the other wholly owned subsidiaries, Realty Money Center, Inc., Affordable Housing Group, Inc., Insider Trading and PanAmerican Healthcorp. PanAmerican Internet
Group, Inc. will assume the contracts and resources of WebWyz, Inc. under the PanAmerican BanCorp umbrella.
For more information, please contact PanAmerican Internet Group, Inc.:
PanAmerican Internet Group, Inc.
304 Park Ave. South, 11th Floor
New York, NY 10010
E-mail: info@deao.com
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 any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect results.
CONTACT:
PanAmerican Internet Group, Inc.
John Schmitz, 516/232-2221
KEYWORD: NEW YORK |
