****NEWS****
Wednesday March 3, 12:00 am Eastern Time
Company Press Release
First Insider Trading Seminar an Overwhelming Success
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--March 4, 1999--The Insider Trading division of PanAmerican BanCorp (OTC-PRWT) reported overwhelming response to the first Insider Trading Seminar held in Boca Raton, FL this past weekend. Fifty-three people attended the seminar and approximately 10 attendees have already opened new accounts. Charles Vaccaro, President, Insider Trading, is enthusiastic about the results. Vaccaro said, ''100% of last weekend's attendees were experienced, sophisticated traders, who were already trading online. They certainly appreciated the advantages of our system and the direct benefits to them. We expect every one of the seminar attendees to open a new account.''
The Insider Trading seminar provided and overview of day trading with the state-of-the-art Insider Trading technology, hardware and software features, and a screen-by-screen walk-through of the innovative system. Insider Trading offers an all-inclusive package with: - Real-time quotes - News - Charts - Historical data - Time and sales - Portfolio management - Tickers - Level II Market Maker and Exchange Data - An extremely fast order execution system enabling investors by means of ECN
''There has been a lot of traffic and activity here at the Boca office over the past few days,'' Vaccaro said. ''This is a direct result of our successful seminar and the television commercials.'' Based on this, Vaccaro expects space in the next training seminar to fill up more quickly than the initial seminar. ''We have 10 people already signed up for the next training course.'' Insider Trading training courses are run in the Insider Trading offices, exclusively by TeachDac, Inc., of Lynbrook, NY.
Plans are in place to hold the next Insider Trading training course in Boca Raton during the first week of April, after the April seminar. Insider Trading seminars are free and open to the public, however space is limited. Insider Trading training course attendees must pay a fee, however the full fee is applied directly when attendees open a new account.
Space is also limited in Insider Trading training courses.
The Boca Raton Insider Trading location is the second Insider Trading office for PanAmerican BanCorp.. The first Insider Trading office opened in Garden City, NY, in December, 1998 and is running at full capacity. The company has plans to expand to a Las Vegas office in the near future. Boca Raton Insider Trading is located at 4400 N. Federal Hwy., Suite 186, Boca Raton, FL 33431. The Insider Trading web site is www.insider-trading.net. Insider Trading is a wholly owned subsidiary of PanAmerican BanCorp.
For more information on Insider Trading in Boca Raton, please call (561) 347-7750.
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.
Contact:
PanAmerican BanCorp, Hauppauge
Public Relations (516) 232-2221
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