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Sterling Financial Earns Top Spot on Business Lists for 2001.

Business Editors

BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 10, 2002

Sterling Financial Investment Group, the Boca Raton-based international investment banking company that has risen to meteoric success since being founded in the broom closet of another company's office in 1997 by Charles Patrick Garcia, has once again earned top billing on various business and media lists for its corporate performance ending 2001.

Reporting the results of this year's survey, the Business Journal, a national network of more than 40 metro business papers around the country, in the annual publication of their "Fast Track 40" ranked Sterling Financial as the number two fastest growing company in South Florida with revenues of $13.9 million which represents a growth rate of 1,885% over the prior year. Last year, Sterling topped the list with a growth rate of 4,100% based upon revenues of $4.1 million. Earlier in the year, Sterling Financial earned a spot on Hispanic Business Magazine's roster of the nation's Top 500 Hispanic companies at number 262.

"It is an honor to make these lists," says company Chairman and CEO, Charles Patrick Garcia, "not only because of what it represents in terms of our growth but more importantly, in such a difficult year with so many challenges faced by the economy in general and the financial services industry in particular, it is a testament to our employees drive and fortitude to succeed regardless of all circumstances and conditions."

Following his work with President's Ronald Reagan and George Bush, Garcia, a former White House Fellow, decorated military officer, attorney and private businessman founded Sterling Financial. Today, Sterling Financial has grown to a worldwide organization with 56 offices in ten countries and more than 400 employees. The media frequently refers to Sterling Financial as one of the most exciting financial services companies in the nation.

Sterling Financial provides financial research on over 60 companies in the bio-tech and healthcare arena to some of the most prestigious money managers on Wall Street. Following the Anthrax bio-terrorism attacks on the United States, Garcia, whose firm has carved out a unique, highly specialized and successful niche in the healthcare and bio-technology field, was called upon by the national news media to provide insights into biological warfare. His expert commentary along with his national call-to-action to form a Global Defense Initiative to fight terrorism and biological warfare was sought by CNN News, CNN/Crossfire, FOX News, CBS, Telemundo, Univision and CNN en Espanol, among other news organizations and media, where he made frequent appearances discussing "insightful solutions" to the challenges faced by the nation. In addition to participating as only one of two expert guests on CNN's Cross Fire, he also spent an hour as the lead guest on the "Cristina Show," at the time the world's most watched Spanish language talk show.

More information about Sterling Financial can be obtained at http://www.mysterling.com
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Publication:Business Wire
Date:Jan 10, 2002
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