AMSE's Wholesale Lending Platform Launches New Marketing Program for 2003.Business Editors JUPITER, Fla.--(BUSINESS WIRE)--Feb. 12, 2003 America's Senior (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMSE AMSE American Museum of Science & Energy (Tennessee) AMSE Aircraft Maintenance Support Equipment (Canadian Forces) AMSE Advanced Mass Sender Enterprise ) announced today that Synergy Mortgage Solutions would participate in four major Mortgage Industry Florida Trade Shows in 2003. Synergy participated in the first such Trade Show last week in West Palm Beach. The shows are sponsored by the Florida Association of Mortgage Brokers and bring the best and brightest mortgage brokers together under one roof to evaluate new lending sources. Synergy is a wholesale lending source and during the Palm Beach event, Synergy's marketing staff had the opportunity to introduce the Company's product line to over 1,000 new potential clients. Synergy offers all types of forward and reverse mortgage products on a wholesale basis to mortgage brokers and correspondent lenders in the Southeast United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Synergy has never participated in an effort like this before, so the positive results are expected to be significant. During the balance of 2003 Synergy will participate in FAMB FAMB Florida Association of Mortgage Brokers Trade Shows at Orlando, Tampa, and the greater Miami-Fort Lauderdale area. Synergy's goal is to attract over 100 additional loan correspondents by June. AMSE's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and COO are personally supervising the process. AMSE's CEO is the current Association President-elect, and the COO is an Association director. Their commitment to doing business with quality mortgage brokers is unparalleled. Recently, AMSE announced 4th quarter profits. For the quarter ending 12/31/02 and subject to final audit review, gross revenues were $2.2 million versus $1.9 million for the same period 2001. This is an increase of $300,000 or 15%. For the quarter ending 12/31/02 and subject to final audit review, net profits overall were $150,000 versus a net loss of $791,014 for the same period 2001. This is an improvement of over $900,000. For more details, see http://biz.yahoo.com/n/a/amse.ob.html and http://www.smallcapreview.com/amse.htm. This release contains forward-looking statements including, without limitation, statements relating to the company's plans, expectations, intentions, and adequate resources. These statements are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions" of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Please refer to the company's 10K-SB and 10Q filings for more disclosure about AMSE's results and the risks that could be associated with an investment in the company's common stock. To contact Investor Relations Investor relations The process by which the corporation communicates with its investors. , email the Company at info@americassenior.com. Visit the Company's web site at http://www.americassenior.com. To apply on line for residential mortgage product, visit http://www.jupiter-mortgage.com |
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