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[QUOTE]Originally posted by Monkeyman: [QB] First Guardian Financial Corporation Identifies Acquisition Targets Presented By Alliance Financial Services Monday May 8, 8:58 am ET NEW YORK--(BUSINESS WIRE)--May 8, 2006--First Guardian Financial Corporation (Pink Sheets: FGFC - News) today announced that it has identified certain acquisition targets as presented by Alliance Financial Services and its affiliates. Alliance Financial Services is under retainer/contract by FGFC to provide potential acquisitions, financial analysis and special financing for such acquisitions/mergers. Alliance and its affiliates have presented FGFC a list of candidates that fits the company's required criteria for acquisitions/mergers; the company has directed Alliance and or their affiliates to pursue two of the presented company's for immediate acquisition. The company expects that with the assistance/services of Alliance Financial and its affiliates that it will be able to accelerate its growth significantly thru acquisitions/mergers that would not have normally been available to FGFC. "The company in keeping with its aggressive growth plan going forward is extremely pleased with being able to have retained/contracted the services of Alliance Financial Services, their proven track record and seasoned professionals offer over 30 years experience in generating and completing acquisitions/mergers will bring us immediate opportunities and creditability that will accelerate our company's growth plan. " Said Abraham Rosenman President, First Guardian Financial Corporation "In just a short period of time Alliance has presented us with two bona fide candidates and we will pursue them aggressively with the intent of bringing them to fruition" added Mr. Rosenman About Alliance Financial Services: Alliance Financial Services are not business brokers; we are accountants who have been in business for over 30 years. We represent buyers who are interested in acquiring companies that are presented to them by Alliance/affiliates or targeted by the acquiring company with minimum sales of $15,000,000. (15 million dollars) or more, we will do the financial work up on all the financial statements and determine the value of the company and its cash flow, if all parties agree we will then recommend an acquisition price and arrange special financing utilizing a combination of self liquidating zero coupon bonds purchased from major brokerage houses and funded by major banks. About First Guardian Financial Corporation: The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States. This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. [/QB][/QUOTE]
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