HUNTINGTON BEACH, Calif., Feb. 12, 2002 (PRIMEZONE) -- James E. Shipley, President of EMB Corporation (OTCBB:EMBI), (Berlin:EMBI.BE), (Frankfurt:EMBI.F), and (Hamburg:EMBI: EMBI:H), announced today that EMB Corp. has been added to the California Stock Review, an investment newsletter specializing in California-based publicly traded companies.
The California Stock Review is a newly launched publication of the Internet PR Group, a highly regarded investment research and investor relations firm, located in Beverly Hills, CA, which additionally publishes the Internet Stock Review. The Internet Stock Review, which was launched in December of 1998, has enjoyed great success since inception, including during 2001 with its top ten picks registering gains in excess of 177 percent, on average.
According to the Internet Stock Review, its top ten picks for 2001 included Datastand Technology (OTCBB:DATT) up 566%, Digital River (Nasdaq:DRIV) up 300%, Aptimus (Nasdaq:APTM) up 200%, Delano Tech (Nasdaq:DTEC) up 178%, eUniverse (Nasdaq:EUNI) up 155%, Aptimus II (APTM) up 104%, Conolog (Nasdaq:CNLG) up 72%, Cross Media Marketing (AMEX:XMM) up 71%, Marketwatch.com (Nasdaq:MKTW) up 66% and Airspan Networks (Nasdaq:AIRN) up 62%.
Of the entire 35 stocks added to the Watch List in 2001 (closed and/or open at year end), 71% gained in value and the overall percentage gain of all picks was 50.7%.
The Internet PR Group is one of the nation's leading investment firms, specializing in creating market awareness programs for publicly traded companies involved in the Internet, restaurant, gaming & entertainment industries. It also publishes three industry specific newsletters.
Editor Roland Perry stated, "We're excited to launch the California Stock Review, which is in line with our policy to provide industry and/or geographic specific coverage to the markets and we're pleased to have added EMB Corp to the Watch List."
Mr. Perry continued, "EMB Corp. is the first company which we will be covering in the California Stock Review. After reporting a record year of over $540 million in funded loan production, record revenues in excess of $9 million and profitability, EMB subsidiary First Guaranty Financial Corp. saw consistent growing demands for its mortgage products in all sectors. We expect the Company to continue to perform well, as it strives to reach its 2002 goal of $650 million in fundings and we are pleased to help the Company tell its story to our broad base of investors. We are equally excited about its recently announced $2 million financing with Paramount Financial Group, Inc."
To request an investor kit for EMB Corporation, please call Justin Keener at (650) 292-1585, or email EMBI@EquityBroadcast.com.
About EMB Corporation:
EMB Corporation is a financial services holding company, which provides a network to mortgage brokers, both retail and wholesale through our wholly owned mortgage companies, currently including American National Mortgage and First Guaranty Financial Corporation. Mortgages originated by our group of companies may be held temporarily for investment, or may be sold to third parties / financial institutions, or may be secured, packaged, and sold as mortgage backed securities. For further information about the Company please look at our website. http://www.embcorp.net, or http://www.embcorporation.com
A number of statements referenced in this Release and the CEOcast and EquityBroadcast.com interviews, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans projections, objectives, goals, assumption of future events or performance are not statement of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this actions may be identified through the use of words such as "expects," "will," "anticipates," " estimates," "believes" or statements indicating future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's' filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company does not undertake any responsibility to update the "forward-looking statements" contained in this news release. The results of previous "picks" by the Internet Stock Review listed in this press release were provided by the Internet Stock Review, and while the information is believed to be accurate, there is no warranty or representation that this information is correct. Please see the Internet Stock Review disclaimer as it relates to Rule 17B at the website and in its welcome letter at http://www.internetstockreview.com.