DENVER, Feb. 6, 2004 (PRIMEZONE) -- Paramco Financial Group, Inc. (OTCBB:PFDE), a corporate financial services firm specializing in the development and placement of private debt and equity projects and commercial equipment leasing transactions, announced today the listing of the company on the Berlin Stock Exchange, registered under security code number A0BLZ9 with the symbol PFK.
"In the on-going effort to increase Paramco's visibility throughout Europe, I am proud to announce our listing on the Berlin Stock Exchange. We decided to begin with Berlin because of the strong demand for global stocks and the strong German economy," said Doug Gregg, CEO of Paramco Financial Group.
"By listing on the Berlin Exchange, we offer European investors the opportunity to trade the company's shares. European investors are trading North American shares more and more often and in increasing volumes. Paramco's new listing in Germany exposes the company to all European investors, institutional and retail," said Paul Sidey, CFO of Paramco Financial Group.
About the Berlin Exchange (www.berlinerboerse.de)
With its new transparency rules and instantaneous order execution, Berlin is positioning itself as the premier online stock exchange for private investors. At the Berlin Stock Exchange, a new era in e-trading is dawning for private investors. What was once the reserve of the professionals is now also becoming standard fare for private investors. In Berlin, private individuals will encounter entirely new dimensions in trading thanks to new services unrivalled by any other stock exchange.
About Paramco Financial Group
Paramco Financial Group, Inc., founded in 1996, is a financial services holding company which specializes in the development and placement of commercial equipment leasing transactions and in assisting its clients with their capital formation needs. Paramco Financial Group includes several wholly-owned subsidiaries including Paramco Mortgage Corporation, and Paramco Investments, Inc. Paramco Mortgage Corporation intends to be involved in residential and commercial mortgage financing and Paramco Investments is structured to meet the statutory requirements for qualification as a REIT and be involved in both the ownership and finance of real estate.
For further information about Paramco Financial Group, Inc., please visit http://www.paramco.net.
Safe Harbor Statement
The statements made by Paramco Financial Group, Inc. may be forward-looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of the Company. Actual results could differ materially from those projected due to risks such as changes in interest rates, market competition, our ability to generate orders and various other business factors.