MBHC - PITTSBURGH, March 13, 2000 (PRIMEZONE via COMTEX) -- Mortgage Bankers
Holding Corp. (OTCBB:MBHC), doing business as National Institute
Companies of America (NICA), announces the approval of their new stock
symbol (NICM).
The NASDAQ has approved the name change and new symbol from Mortgage
Bankers Holding corp. (MBHC) to National Institute Companies of America
(NICM) effective Wednesday, April 12, 2000.
The Company remains well ahead of schedule for the Form 10 filing,
pending the release of the final independent audit. Management is
confident that, as these formal filings are released, shareholders will
be pleased with the Company's performance and outlook.
NICA was founded on the strategy of maximizing revenues for Community
Banks, on an equal if not superior performance basis to the largest
banks in the nation. The Company is structured to assist banks, bank
holding companies and other financial institutions (brokers/dealers,
S&Ls, accounting firms, etc.) in the planning, design and
implementations of an insurance marketing program and financial
planning profit center within the bank or entity. NICA is one of the
largest providers of estate and financial planning and services to the
Community-Independent Banks in the United States.
The Company welcomes comments and suggestions at corporate@nicoa.com.
Certain statements contained herein constitute forward-looking
statements within the meaning of section 27A of the Securities Act of
1933 and 21E of the Exchange Act of 1934. Such statements include,
without limitation, statements regarding business and financing,
business trends, and future operating revenues and expenses. Although
the Company believes that the statements are reasonable, it can give no
assurance that such expectations will prove to be correct. Investors
are cautioned that any forward-looking statements made by the Company,
or contained in this profile/research report, contain no guarantee of
future performance, and that the actual result may differ materially
from those set forth in the forward-looking statements. Difference in
results can be caused by various factors including, but not limited to,
the Company's ability to be able to successfully complete planned
funding agreements, to successfully market its products in competitive
industries or to effectively implement its business plan or strategies.
SUBJECT: Company Announcements
KEYWORDS: financial services, insurance
Copyright (c) 2000. PrimeZone Media Network, Inc.
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CONTACT: Investor Relations:
Tizo Maduro
800-290-8935 or 716-256-6505, ext. 219
info@market-pulse.com
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