Press Release November 6, 1998...PanAmerican Healthcorp and Insider Trading Office
Friday November 6, 8:49 am Eastern Time
Company Press Release
New From PanAmerican Healthcorp and Insider Trading Office
NEW YORK--(BUSINESS WIRE)--Nov. 6, 1998--PanAmerican BanCorp is pleased to announce that it's wholly owned subsidiary, PanAmerican Healthcorp, has been retained by one of New York's largest medical groups to provide third-party billing management services. The medical group manages over 300 doctors and 20 clinics in Nassau, Suffolk and Queens counties.
PanAmerican Healthcorp provides information, management and financial services to the one trillion-dollar healthcare market to fulfill critical needs for both healthcare professionals and consumers. The professional division assists healthcare providers to increase their income in an era of decreasing reimbursements by utilizing the company's sophisticated yet affordable practice management services. The company's consumer division, The Patient Alliance of America, offers patients comprehensive healthcare information and support services, including access to a discount medical network, that can substantially reduce healthcare expenses.
PanAmerican BanCorp. (NASDAQ BB:PRWT) is pleased to announce the opening of its first office of Insider Trading at 600 Old Country Road, Garden City, N.Y. on Nov. 4, 1998.
The Insider Trading office is currently equipped with sixteen (16) trading stations and is capable of expansion up to thirty two (32) stations. An in house seven day course is available to investors wishing to day trade.
Look for Insider Trading's second office in Boca Raton, Fla. to be opened in early December 1998, and a third office to open in Las Vegas, Nev. shortly thereafter.
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 any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results.
Contact:
PanAmerican BanCorp
George Krivine
Investor Relations
516/232-2221 |
