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Advanced Media Training, Inc. Announces Developments in Its Recently Acquired Subsidiary DeMatco, Inc.


ENCINO, Calif. -- Advanced Media Training, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AMTN AMTN Australian Materials Technology Network ), announced that its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 DeMatco has commenced work on the first stage of its contract with Admiral Asset Group Inc. for the conversion into electronic form of beneficial trusts owning Senior Life Settlement Policies which can be traded on an electronic Exchange.

The total face value of the policies included in this first stage is one hundred million dollars, and DeMatco's management expects to earn significant net fees from this transaction, which will accrue during the first quarter of 2007. The Company expects there to be a continuing flow of business from this particular contract and is in the process of negotiating further contracts involving Senior Life Settlements, and will report on these as they develop.

Additionally, DeMatco has entered into arrangements with a Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 Association regulated Insurance Company in the UK for the marketing of the policies to institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
. It is expected that the marketing of the first group of policies will commence in the first quarter of 2007, and will lead to a number of subsequent groups of policies being made available for marketing during calendar 2007.

This news release contains forward-looking statements within the meaning of the Securities 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.
 Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule, or performance requirements of the Company's contracts, the Company's liquidity position; the Company's ability to obtain new contracts, and the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 16, 2007
Words:283
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