PLEASANTON, Calif., Sept. 6, 2005 (PRIMEZONE) -- Silverado Financial Inc. (OTCBB:SLVO), a mortgage bank focused on non-prime borrowers, today announced that it will host an investor conference call on Thursday, September 8, 2005, at 1:15 p.m. PST (4:15 p.m. EST), moderated by Silverado CEO and Chairman John Hartman and Chief Operating Officer Sean Radetich.
Discussions will include a review of financial results of Second Quarter 2005. The Silverado management team will also take questions for a limited time following the presentation. U.S. shareholders can access the conference by calling (800) 706-1154, and international shareholders can gain access by calling (706) 643-0640, ten minutes prior to the call. The conference call ID is 9348081.
About Silverado Financial, Inc.
Silverado Financial Inc. is a mortgage banking company focused on providing non-prime borrowers, individuals who generally do not satisfy the credit, documentation or other underwriting standards set by more traditional sources of mortgage credit, with access to capital for the purchase and refinancing of one- to four-family residential properties. The company originates mortgage loans, which include fixed and adjustable-rate loans, for purposes, such as debt consolidation, refinancing, education, home improvement and real estate purchase. Silverado originates loans through large retail hubs. The Company has hub offices in San Jose, California, Phoenix, Chicago, Pittsburgh and Baltimore. Silverado operates smaller "spoke offices" in Pleasanton and Walnut Creek, California and Lancaster, Pennsylvania. Silverado is also an owner of Liberty Settlement; a Pennsylvania based Title Company which is expanding into the western, United States.
Forward-Looking-Statement: This Release contains 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "plan," "expect," or similar expressions, and are subject to numerous known and unknown risks and uncertainties. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this Release, including the above matters and in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
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