[ACKBF] Anthony Clark International Insurance Brokers Ltd. Foreign Canada *info enclosed
Approved to Trade on Nasdaq OTC Bulletin Board
3/23/01
ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD ("ACL-T;ACKBF-L") - Approved to Trade on Nasdaq OTC Bulletin Board
Primo Podorieszach, C.E.O. of Anthony Clark International Insurance Brokers LLtd. is pleased to announce that the Company has been approved to list its shares on the Nasdaq OTC Bulletin Board. Trading is expected to commence on Monday, March 26, 2001.
Bulletin Board trading is welcome news for our U.S. investors, who were inconvenienced when trading had been limited to our listing on the Toronto Stock Exchange. Now that we are dually listed on the Nasdaq OTC Bulletin Board and the Toronto Stock Exchange, the Company will have more exposure for our present and future investors.
Anthony Clark International Insurance Brokers Ltd., founded in 1989, has become one of the largest general insurance brokerage in North America. The Company has expanded through internal growth and the acquisition of 14 general insurance brokerages and processes over $23,000,000 in insurance premiums for its 13,000 customers.
Except for the historical information contained herein, this press release contains statements that constitute forward-looking s*tatements, as defined in the Private Securities Litigation Reform Act of 1995. Forward- looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that may cause or contribute to such differences include, among other things, the Company's ability to close the proposed transaction. Other risks and uncertainties include changes in business conditions and the economy in general, changes in governmental regulations, unforeseen litigation and other risk factors identified in the Company's public filings under "Risk Factors." The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this press release. TEL: (732) 747-0702 Press Contacts - North America:
Barry Kaplan, Barry Kaplan Associates,
New Jersey E-mail: smallkap@aol.com TEL: (403) 225-5100 Anthony Clark International Insurance Brokers
Tony Consalvo, C.O.O. E-mail: investor.relations@clickusin.com
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