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To: thumbelina who wrote (34140)	4/15/1999 3:03:00 PM
From: Tomstocks	Respond to of 120523

PanAmerican Healthcorp Signs NineNew Contracts: (PABN) April 15, 1999 02:04 PM HAUPPAUGE, NY--(BUSINESS WIRE)--April 15, 1999--PanAmerican BanCorp, Inc. BB announced today that PanAmerican Healthcorp has signed contracts with, and has added, nine new clients to their Practice Management Services roster. "These new accounts alone will generate over $400,000 in new annual revenues for PanAmerican Healthcorp," said Healthcorp CEO Ray Gamble. The nine new accounts have already begun using the Practice Management Services, according to Gamble. The new Healthcorp accounts represent a diverse sampling of healthcare specialties, including: -- The largest Neurological Surgery practice in Central NY -- An Ambulatory Surgical Center in Queens, NY which provides outpatient services through 100 affiliated physicians -- A large Physical Therapy practice in Queens Other medical practices include: Internal Medicine, OB/GYN, Podiatry, Hematology and Cardiology. PanAmerican Healthcorp's Practice Management Service increases the productivity and efficiency of a Doctor's office, while enabling a Doctor to focus on practicing medicine, not paperwork. For more information on Healthcorp's Practice Management Services, please call 516-522-2527. PanAmerican Healthcorp is a wholly-owned subsidiary of PanAmerican BanCorp, Inc. Additional BanCorp endeavors include Insider Trading; 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.