To: makin_dough99 who wrote (1794 ) 7/1/1998 11:31:00 AM From: makin_dough99 Respond to of 34592
MBHC news: Quote Services Menu | MarketSmart Delayed | MarketSmart Real-Time News Alert News Search | PC Quote Home Page Audit Figures to Be Addressed Today by Mortgage Bankers; Open Line Conference Call Today at 4:15 p.m. EDT Business Wire - July 01, 1998 07:16 %MORTGAGE-BANKERS-HOLDING MBHC %PENNSYLVANIA %BANKING %REAL-ESTATE %COMPUTERS %ELECTRONICS %COMED %INSURANCE %ADVISORY V%BW P%BW -------------------------------------------------------------------------------- CARNEGIE, Pa.--(BUSINESS WIRE)--July 1, 1998--Mortgage Bankers Holding Corp. (OTC BB:MBHC) announced today the completion of their consolidated audit figures. As a follow up to the company's announcement, Raymond P. Sobieralski, CEO/Chairman of Mortgage Bankers Holding Corp, will be available to discuss the latest company developments and to present a long-term strategic outlook for MBHC as part of an "open line" teleconference scheduled for today, Wednesday, July 1, beginning shortly after the market close at 4:15 p.m. EDT (3:15 p.m. Central/2:15 p.m. Mountain/1:15 p.m. Pacific). All current and prospective shareholders, institutional portfolio managers, investment bankers, securities analysts, members of the brokerage community, representatives of the trade and general business media, and other interested parties are welcome to participate in this conference call. To take part in the teleconference, which can be accessed toll-free from anywhere in the U.S., participants are required to dial 800/659-4363, register their name, and tell the operator they are calling for the Mortgage Bankers conference call. Mortgage Bankers Holding Corp. is a diversified technology-based financial services company, which, through its subsidiaries, Mortgage Bankers Service Corp., Pinnacle Insurance & Investment Group Inc., International Auto Funding Corp., National Settlements Inc., and Commonwealth Capital Investment Corp., utilizes data transfer and exchange to offer a full spectrum of financial and asset management services and products. Financial Statements in this press release other than historical facts are "forward-looking" statements with the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results. Such risks and uncertainties include, without limitation, fluctuations in demand, loss of subscribers, the quality and price of similar or comparable wireless communications services, regulatory delays or denials, ability to complete intended construction, termination of proposed transactions, access to sources of capital, and general economics. CONTACT: M&A West Inc. Scott Kelly, 650/588-2678 www.mawest.com