VIRGINIA BEACH, Va., Jan. 3, 2007 (PRIME NEWSWIRE) -- Gateway Financial Holdings, Inc. (Nasdaq:GBTS), the holding company for Gateway Bank & Trust Company, a growing regional community bank with over twenty-four locations in northeastern North Carolina, the Outer Banks, and the metropolitan Tidewater Virginia market area, today announced that it has retained Cameron Associates, Inc. as its investor relations advisor. Cameron Associates is a 30-year-old New York-based, full-service investor relations firm that represents a wide variety of publicly-held companies in the U.S.
"Over the past eight years, Gateway has continued to increase its footprint and expand the scope of its services to become a formidable regional banking presence in one of the most vibrant and growing markets in the United States," said D. Ben Berry, chairman, president and chief executive officer of Gateway Financial. "We have reached a critical juncture in our history and expect our financial results to increasingly reflect the investments we have made for future growth.
"Cameron will help us engage the investment community, bringing a greater visibility and appreciation of this performance, as well as for our solid and expanding market position and focused business plan."
About Cameron Associates
Founded in 1976, Cameron Associates, Inc. is a New York City-based, full-service investor relations firm providing strategic counsel to a select group of public companies. The firm is particularly focused on assisting emerging companies in the U.S. who need guidance in achieving key business goals, such as improved visibility and reputation in the equity markets, proper positioning of complex financial transactions, and communicating critical corporate issues. Additional information about Cameron Associates can be found on the company's web site at www.cameronassoc.com.
About Gateway
Gateway Financial Holdings, Inc. is the parent company of Gateway Bank & Trust Co., a full-service regional community bank with a total of twenty-four full-service financial centers, with thirteen in Virginia: Virginia Beach (7), Chesapeake (3), Suffolk, Norfolk and Emporia; and eleven in North Carolina: Elizabeth City (3), Edenton, Kitty Hawk (2), Moyock, Nags Head, Plymouth, Roper and Raleigh, in addition to a private banking center in Raleigh. The Bank provides insurance through its Gateway Insurance Services, Inc. subsidiary, brokerage services through its Gateway Investment Services, Inc. subsidiary and mortgage banking services through its Gateway Financial Mortgage, Inc. subsidiary. The common stock of the Corporation is traded on the Nasdaq Global Market under the symbol GBTS. For further information, visit the Corporation's web site at www.gwfh.com.