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Microcap & Penny Stocks : PABN PanAmerican Bancorp
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: Lee N who wrote (55)3/9/1999 10:07:00 PM
From: Selfop  Read Replies (1) of 67
 
Lee, Did you read this news release??

To: +Roger Bodine (28240 )
From: +EZ ED
Tuesday, Mar 9 1999 4:50PM ET
Reply # of 28262

Tuesday, March 9, 4:00pm Eastern Time
Company Press Release
PanAmerican BanCorp Announces Symbol and CUSIP Change
FOR IMMEDIATE RELEASE

Hauppauge, NY - March 9, 1999 - PanAmerican BanCorp announces that it has been
assigned the new equity symbol "PABN" and commenced trading on the Over The
Counter Bulletin Board on March 8, 1999. The company is in the process of completing
the transition from the previous symbol, PRWT, to PABN by notifying financial
professionals, industry professionals and investors as rapidly as possible. In conjunction
with the symbol change, a new CUSIP has been implemented: 69829X-10-1.

"We want all PRWT shareholders to know that there will be a one-for-one exchange of
PRWT for PABN," said John Schmitz, President, PanAmerican BanCorp. "One share
of PRWT equals one share of new PABN."

PanAmerican BanCorp's previous symbol, PRWT, belonged to Purewater Sciences
International, Inc., and was used by PanAmerican since the acquisition last year. The
PABN symbol was previously assigned to a West Coast corporation, which
subsequently underwent its own merger and now trades under a new symbol.

Financial professionals, current stockholders, prospective investors and other interested
parties are encouraged to use PABN:BB in order to retrieve accurate updated
quotations on PanAmerican BanCorp. Management intends to complete the transition
from its former symbol to PABN as soon as possible.

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