SCOTTSDALE, Ariz., June 7, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC:MLON), the market leader in providing boutique investment banking services to private mid-cap companies and offshore firms, announced today that it has finalized the deal with a client in Athens, Greece. The payment was received this morning as part of the initial phase one of the development on Greece for the Olympics, this morning "we are all very pleased," added Pino.
"To meet our client's needs, we leveraged our existing contracts with the Credit Suisse Group in Switzerland to put together an appropriate financial package," said Mario Pino, CEO of Mellon Research. "This is a major contract for Mellon Research and should generate fees of $250,000 in the first phase and up to $5 million during the second phase as we move forward through the contractual period."
About Mellon Research Inc.
Founded in the fall of 2003 by Mario Pino, Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via IPO's, Reverse Mergers, Bridge Capital and/or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep(TM) services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public.
More information may be obtained by contacting Mario Pino, CEO, at 602.912.5870, 2415 E. Camelback Road, Suite 700, Phoenix, AZ 85016, or emailing him at mellonresearch@aol.com. Mellon's website is www.mellonresearch.com.
This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.
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