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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) - News Only
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: ColleenB who wrote (107)5/25/1999 6:08:00 PM
From: ColleenB   of 188
 
Press Release, May 11, 1999...

Tuesday May 11, 10:31 am Eastern Time

Company Press Release

Insider Trading Commercials Air in New York Metro Area

HAUPPAUGE, NY--(BUSINESS WIRE)--May 11, 1999--Residents of the New York Metro are will soon be able to view Insider Trading television commercials on their local CNBC cable stations.

PanAmerican BanCorp, Inc. (OTC:BB PABN) and Insider Trading announced today that a new flight of Insider Trading advertising would launch the week of May 10, 1999 on local CNBC affiliate stations in the New York Metro area, including Manhattan, Queens, Brooklyn, Nassau and Suffolk counties. The television commercial is slated to run throughout the year on local CNBC cable affiliates and can also be viewed on the Insider Trading web site, insider-trading.net.

The television commercial introduces viewers to Insider Trading's state-of-the art trading system, which offers sophisticated day traders distinct advantages previously available only to a select few on Wall Street's trading desks. Insider Trading offers active day traders a professional trading environment, access to streaming real time Level II Market Maker and Exchange data interfaced with the split second execution system of ECN (Electronic Communications Network), and access to the entire Island ECN book. Insider Trading also provides unlimited access to real time quotes, charts, time and sales, news, historical data and tickers.

In anticipation of the expected response, Insider Trading has expanded their ''Trader Support'' team who will assist new users with the Insider Trading system. Trader Support will introduce new users to the software, assist in training and provide technical support both on and off the floor. There are Trader Support teams on call 8am-5pm in both Insider Trading locations: Garden City, New York, and Boca Raton, Florida.

Insider Trading is a wholly-owned subsidiary of PanAmerican BanCorp, Inc. Additional BanCorp endeavors include PanAmerican Healthcorp; Affordable Housing Group; the development of a ''dot.com'' division known as PanAmerican Internet Group; a joint venture with FirstStates Financial Services Corp. to form a federally chartered thrift institution; and a recently announced agreement with Healthwyz, Inc. to market the DigiBill(TM) product in North and South America.

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
Public Relations
516/951-1638
ir@panambancorp.com
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