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[QUOTE]Originally posted by madOIL: [QB] NEW YORK--(BUSINESS WIRE)--May 11, 2006-- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the buyout of the minority interest in Windsor Capital Ltd. First Guardian Financial Corporation had previously owned/purchased a majority interest in Windsor Capital Ltd. and now has completed the buyout of the remaining shares of the minority interest that it did not own; thus making Windsor Capital a (100%) wholly owned subsidiary of FGFC. The company intends to grow aggressively through acquisitions within the finance sector such as commercial/residential mortgage companies, leasing/finance companies, factoring companies, debt recovery companies and other financial sector related entities. The company will also continue to pursue investments to small and mid sized companies for its own portfolio, in those company's that demonstrate the ability to yield a decent return with a secured position for the company. "We are very pleased with the speed and execution of this buyout and would like to thank our acquisition team for their hard work and efforts, The company intends to control a (100%) majority interest in all its acquisitions whenever financially possible," said Abraham Rosenman, President First Guardian Financial Corporation. About Windsor Capital Ltd: Windsor Capital Ltd. is a consulting and investment firm specializing in the areas of information technologies serving the Banking, Investment Banking and Health Care Service Industries. 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 and mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate finance 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. Forward Looking Statements: 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. KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE MERGER/ACQUISITION SOURCE: First Guardian Financial Corporation CONTACT INFORMATION: First Guardian Financial Corporation Investor Relations, 212-572-4823 Fax: 212-572-6499 ir*guardianfinancialcorp.com [URL=http://www.guardianfinancialcorp.com]www.guardianfinancialcorp.com[/URL] [/QB][/QUOTE]
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