AMSE CEO Nelson A. Locke Named President of Mortgage Industry Trade Association Giant FAMB.Business Editors JUPITER, Fla.--(BUSINESS WIRE)--Aug. 12, 2003 America's Senior Financial Services, Inc. (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 AMSE Chief Executive Officer Nelson A. Locke has been named 2003-2004 President of the Florida Association of Mortgage Brokers (FAMB FAMB Florida Association of Mortgage Brokers ). FAMB is the oldest and largest state Trade Association in the Mortgage Brokerage Industry, boasting almost 3,000 members. Mr. Locke has been on the FAMB Executive Committee and Board since 1996. This is the highest honor that a Florida Mortgage Broker can achieve. Mr. Locke said, "I am honored to have been chosen by my peers. Over 60 percent of the residential mortgages originated in the United States are done through local Mortgage Brokers. Not your big national banks or lenders. FAMB members benefit from special educational programs and legislative efforts on their behalf. I will do my best to protect their interests, and promote Florida's Mortgage Brokers whenever I can." Mr. Locke is the 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. of America's Senior. The Company recently announced its fourth consecutive profitable quarter, and has projected that its 2003 gross revenues (on its existing business units) will rise by 30% or more. Recently, the Company was the subject of a "Buy" recommendation issued by Frazier Research and Analytics. Please refer to previous press releases for the specifics. The Company's press releases and SEC filings can be viewed at http://www.americassenior.com/investorrelations.html Caution Concerning Forward-Looking Statements: 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 provides a 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. from civil litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. for forward-looking statements. This news release contains forward-looking statements regarding 2003's projected gross revenues. Since these statements are based results yet to be realized, they are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in this news release. Factors that might cause such a difference include the possibility of lower revenues for the balance of the fiscal year; greater than anticipated operating costs, issuance of additional shares, the outcome of litigation, the decline of availability of mortgages at reasonable rates, and a downturn in general economic conditions. These forward-looking statements speak only as of the date made. We undertake no obligation to update any forward-looking statements to reflect events or circumstances arising after the date on which they are made. To contact Investor Relations Investor relations The process by which the corporation communicates with its investors. , email the Company at info@americassenior.com. The Company's web addresses are http://www.americassenior.com http://www.synergy-mortgage.com and http://www.jupiter-mortgage.com |
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