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Bluegate Retains Westminster Securities Corp. for Financial Advisory Services.


HOUSTON -- Bluegate Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BGAT) has engaged Westminster Securities Corporation, an NYSE NYSE

See: New York Stock Exchange
 member, full service broker-dealer and investment banking firm, to provide financial advisory and capital market services. Bluegate is a Houston-based technology company that provides IT outsourcing and medical-grade managed security solutions for the healthcare industry to enable secure, HIPAA-compliant data communication between hospitals, medical facilities and physicians from all locations -- ultimately enhancing patient care.

"We're generating a tremendous amount of interest in Bluegate's hospital and physician services from the healthcare community and now need to begin executing the next phase of our growth plans," said Manfred Sternberg, 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 Bluegate Corp. "Westminster plays a key role in our strategic growth by assisting us with specific expansion activities that we expect to enhance long-term shareholder value. Westminster has a stellar reputation with small-cap public companies, and we believe their extensive expertise will be invaluable in increasing our exposure in capital markets with 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.
 and advising us in all capital market activities."

Bluegate Corporation

The first of its kind, Houston-based Bluegate Corporation provides IT outsourcing and managed security solutions for the healthcare industry to enable secure, HIPAA-compliant data communication between hospitals, medical facilities and physician practices from all locations -- ultimately enhancing patient care. Bluegate also provides affordable access to compatible medical-focused content and applications over the infrastructure to improve practice efficiency and service. Bluegate extends IT best practices to the edge of the healthcare network ensuring every physician and facility they touch is as secure as the hospital itself. Bluegate is publicly traded on the over the counter bulletin board (OTCBB) under the ticker BGAT. Further information is available at www.bluegate.com or by calling 713-686-1100.

Westminster Securities Corporation

Westminster Securities Corporation is a full service broker-dealer and investment banking firm operating in five principal areas: Investment Banking, Securities Research, Retail & Institutional Securities Brokerage, Execution Services and Clearing Operations. Westminster combines the responsiveness of a boutique firm with the financial expertise of a long established 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.
 institution and provides its services to corporations, individuals and institutional investment professionals worldwide. Founded in 1971, Westminster is a member of the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
, National Association of Securities Dealers National Association of Securities Dealers (NASD)

Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market.
, and the Securities Investor Protection Corporation Securities Investor Protection Corporation (SIPC)

A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms.
. Westminster is headquartered at 100 Wall St., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 with branch offices in Atlanta, Cyprus, Miami, Shanghai, St. Louis, and Toronto. Further information is available at www.westminstersecurities.com.

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.
 

This press release may contain "forward-looking statements." All statements, other than statements of fact, included in this release and without limitation statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 4, 2005
Words:477
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