|
|
 |
 |
 |
| |
|
|
| |
|
 |
|
|
 |
|
 Press Releases
 |
PALOS PARK, IL – July 19, 2010
Wyncrest Group to Expand Strategically in Property and Casualty Line
Wyncrest Group, Inc. (Pink Sheets: WNCG), a growing financial services organization, has added a new expanded direction to its Property and Casualty Company, Atlantis Financial Group, Inc. Wyncrest Group has aggressively entered this market in 2010 and continues to execute its strategic plan by expanding Atlantis Financial Group, Inc. to now address Commercial Markets. Wyncrest Group believes it will be able to continue to create sales and marketing synergies between its portfolio of subsidiary companies.
Executive Director of Atlantis Financial Group, Inc., Barry Lambert, will add key personnel in this area immediately. The initial hire will bring almost 40 years of industry experience and an in depth understanding of the business. This individual has decades of success behind him in providing P & C coverage for a variety of industries and businesses. Additional personnel will be added as needed to maintain an aggressive growth posture in this new area.
Southwest Financial Group, based in McKinney, Texas is a trusted provider of insurance and financial products with more than 22,000 clients and 285 representatives nationwide. The company has been in business for more than 16 years and provides a wide range of offerings including life insurance, retirement and estate planning, long-term care, employee group benefits, 403B retirement benefits, debt reduction, alternative investments, and mortgage purchasing & refinancing.
Mr. William McFarland, Chairman of Wyncrest Group, commented: “Our property and casualty company has been a great addition to our portfolio as we can address these needs for many, if not all, of our current clients as well as new clients in the other subsidiary companies. The going forward addition of Commercial lines within Atlantis Financial Group, Inc. will provide a very positive impact for us. Also, the addition of powerful and experienced professionals will only accelerate our growth in revenue and net profit. The Atlantis team shares our commitment to providing the highest quality service to customers that will enable both near and long term growth for the Wyncrest organization.” |
| |
About Wyncrest Group, Inc. (WNCG.PK) |
Wyncrest Group, Inc. is a growing financial services organization. Wholly owned subsidiary Southwest Financial Group has been delivering trusted insurance products and financial services since 1994, serving more than 22,000 clients throughout the United States. By developing the growth potential within its existing businesses and acquiring companies with market share in lucrative financial segments Wyncrest Group is committed to increasing value for shareholders.
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. WNCG has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect WNCG's current beliefs and are based upon information currently available to it. Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause WNCG's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. WNCG undertakes no obligation to update or provide advice in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements. |
| |
Contact:
Wyncrest Group, Inc.
9654 West 131st Street
Suite 215
Palos Park, IL 60464 USA
Investor Relations
investor@wyncrestinc.com
Tel: 630-215-5171 |
|
|
