LAKEWOOD, NJ, May 19, 2020 — via NEWMEDIAWIRE — — Reliance Global Group, Inc. (OTCQB: RELI) (“Reliance” or the “Company”), today announced that it will host a conference call at 4:30 PM Eastern Time on Wednesday, June 3, 2020 to provide a business update on the Company’s progress, including its real estate and insurance strategies. The conference call will be led by Ezra Beyman, Chairman and Chief Executive Officer, and Alex Blumenfrucht, Chief Financial Officer of Reliance Global Group Inc.
The conference call will be available via telephone by dialing toll free 877-407-8033 for U.S. callers or +1 201-689-8033 for international callers. A webcast replay will be archived on the Company’s website and a telephone replay of the call will be available approximately one hour following the call, through June 17, 2020 and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering conference ID: 34843.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, NJ, May 18, 2020 — via NEWMEDIAWIRE Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”) today announced the appointment of David Lazar as an independent member of the Company’s Board of Directors. As a result, the Board of Directors has increased to 5 members, including 3 independent directors, thereby meeting the independence requirements for a national exchange.
Mr. Lazar brings domestic and international experience in operations, accounting, audit preparation, due diligence, capital restructuring, debt financing, and mergers and acquisitions. Mr. Lazar is currently the CEO of both Custodian Ventures LLC & Activist Investing LLC, which specialize in reverse merger and other event-driven opportunities.
Ezra Beyman, CEO of Reliance Global Group, stated, “We are delighted to welcome David to the Board. He brings broad experience in public company management, having served as CEO of several OTC companies, providing them successful exit strategies. David’s skills in corporate finance and capital markets will be valuable as we enter the next phase of growth, including our acquisition strategy focused on undervalued insurance agencies that we can streamline and accelerate through our digital insurance platform powered by Nsure.com. We also continue to opportunistically pursue acquisitions in the multi-family real estate market where we see increased opportunities due to the current market. Importantly, as we continue to identify and evaluate distressed or undervalued acquisition opportunities his background working with such companies will be valuable. Additionally, we believe having an independent director of David’s caliber will assist us in achieving a listing on a senior national exchange, and help us to maintain the highest levels of corporate governance.”
Mr. Lazar commented, “I am excited to join Reliance at this exciting time in the Company’s evolution. The insurance agency market has historically been resilient and less prone to volatility, while the current market uncertainty also presents attractive acquisition opportunities within both the insurance and real estate sectors. As a result of Reliance’s unique position in the market, I have been involved in a variety of strategic discussions with Nasdaq and NYSE companies that could potentially help accelerate the Company’s path to listing on a national exchange; however, we can provide no assurance such a transaction will occur. I look forward to working closely with management to support the Company’s capital markets plan and strategic direction going forward.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, NJ, May 07, 2020 — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today reported that the Company has completed the 2019 audit, including its wholly owned subsidiaries. The audit results are available on the OTC’s website. In addition, the Company is well underway preparing and plans to file its Form 10 with the Securities and Exchange Commission, to become a fully reporting company.
Ezra Beyman, CEO of Reliance Global Group, stated, “The filing of our 2019 audited financial results is an important milestone, and reflects the consolidated results of our recent acquisitions. As expected, our results reflect strong growth. Even including the results of operations for the periods preceding the acquisitions, our pro forma revenue reflects more than a four-fold increase to approximately $4.5 million, as well as a seven-fold increase versus our actual revenues, and we are now operating at a revenue run-rate in excess of $7 million through the first quarter of 2020. Moreover, our total assets increased to approximately $17 million as of December 31, 2019 compared to $2.5 million as of December 31, 2018. Looking ahead, we continue to identify and plan to acquire additional, undervalued insurance agencies that complement our digital insurance strategy, as well as opportunistic acquisitions in the multi-family real estate market.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, N.J., April 30, 2020 — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today reported that the Company has completed the audit of its wholly owned subsidiary, Altrius Benefit Consultants, Inc. (“Altrius”). The 2017 and 2018 financial results for Altrius, which precede the acquisition by Reliance, will be posted on the Company’s website. Altrius is the final Company subsidiary to complete the audit, which enables the auditors to complete the consolidated 2019 audit for RELI. The 2019 consolidated audit is well underway, and the results will be included in the consolidated financials within the Company’s Form 10, which is expected to be filed shortly.
Ezra Beyman, CEO of Reliance Global Group, stated, “We are pleased to have completed the last of our subsidiary audits, and our consolidated audit is in its advanced stages. Once the consolidated audit is complete, we plan to file our Form 10 to become fully reporting with the Securities and Exchange Commission. Importantly, our insurance agency business remains on solid footing despite the pandemic and ongoing economic uncertainty. Moreover, we look forward to implementing Nsure.com’s back-end digital platform, which we expect will significantly enhance the efficiency and profitability of these agencies.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, N.J., April 29, 2020 — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“Reliance” or the “Company”), today announced that its strategic partner, Nsure.com, America’s first licensed digital insurance agency®, has been featured in a number of media broadcasts to discuss the Company’s recent growth.
Ezra Beyman, CEO of Reliance Global Group, stated, “I’d like to congratulate Nsure.com on the traction they are gaining in the market, as evidenced by the growing media coverage. We are particularly proud to see the company aggressively hiring following our investment, despite the ongoing social and economic impact of COVID-19. I truly believe Nsure.com is well positioned in the current market as the insurance industry migrates from offline to online. Accordingly, we look forward to integrating their proprietary backend processing technology to support our traditional agency business and acquisition strategy.”
About Nsure.com
Based in Florida, Nsure.com is the first all-digital licensed insurance agency that provides auto and home insurance via its secure website. Employing the most advanced data technology to track up-to-the-minute, real, not estimated, quotes from more than two dozen insurance carriers, Nsure.com enables customers to take complete control of the insurance buying process on their smartphones, tablets and computers. The company’s platform delivers a hassle-free experience, from a streamlined application process and instant quotes to no sales pitches and a simple renewal process that automatically updates quotes just prior to expiration so that customers can take advantage of the best rates and coverage possible.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, NJ, April 27, 2020 — via NEWMEDIAWIRE Reliance Global Group, Inc. (OTCQB: RELI) (“Reliance” or the “Company”), today announced that its strategic partner Nsure.com, America’s first licensed digital insurance agency®, has received a license to operate and sell insurance in the state of Texas. As previously announced in February, Reliance invested $1 million into Nsure.com, representing the first in a series of planned investments, expected to total $20 million, at which time, Reliance Global Group would own 35% of Nsure.com with an option to acquire an additional 5%, bringing the total to 40% of Nsure.com.
Nsure.com is a licensed online insurance agency that utilizes state of the art digital technology and represents over 40 top-rated insurance companies. Nsure.com’s mission is to empower insurance consumers by helping them choose the best carriers and policies. Nsure.com has a recurring revenue model that includes annual commissions on all policies and renewals. Nsure.com currently operates within the state of Florida with plans to expand nationwide.
Ezra Beyman, CEO of Reliance Global Group, stated, “I’d like to congratulate Nsure.com on receiving their insurance license in Texas, which allows them to operate and sell insurance across the state. As more commerce moves online, especially during the COVID-19 pandemic, Nsure.com is ideally positioned within the insurance market. Nsure.com helps consumers see, from the comfort of their home or office, exact comparisons among multiple insurers, calculate their average savings for their policy needs, and help them feel confident they are getting the correct level of insurance for their home or auto. By utilizing Nsure.com’s proprietary backend processing technology to support our traditional agency business, we also believe we can dramatically reduce costs among our bricks and mortar agencies, and allow our agents to focus on selling new policies, creating a digitally empowered and scalable insurance agency model.”
Mr. Beyman continued, “Clearly, these activities do not detract from our focus on the real estate front, as evidenced by our recent appointment of key personnel, or our strategy to acquire independent insurance agencies. In fact, we believe these strategies are highly synergistic and are ideally suited for growth in any market environment. Towards that end, we are seeing particularly attractive opportunities in the real estate market that have not been available in past years, which we look to capitalize on in the near future.”
Wojtek Gudaszewski, CEO of Nsure.com, commented, “Thanks to the investment and partnership with Reliance, we are rapidly entering new markets, expanding our participating insurance carriers, and adding personnel to support our growth. Currently, the US personal home and auto insurance market is valued at approximately $340 billion in annual premiums and more than $34 billion in recurring annual insurance agency commissions. We estimate that a mere 10% of the market is now online. Now that we are licensed in Texas, we look forward to establishing our presence within the state, with near-term plans to enter additional markets. Our goal remains to rapidly establish a nationwide footprint, in order to position Nsure.com as the premier nationwide provider of online insurance.”
RELI also reported that it is very close to completing its audit, at which time it plans to file the form 10-K with the U.S. Securities & Exchange Commission.
About Nsure.com
Based in Florida, Nsure.com is the first all-digital licensed insurance agency that provides auto and home insurance via its secure website. Employing the most advanced data technology to track up-to-the-minute, real, not estimated, quotes from more than two dozen insurance carriers, Nsure.com enables customers to take complete control of the insurance buying process on their smartphones, tablets, and computers. The company’s platform delivers a hassle-free experience, from a streamlined application process and instant quotes to no sales pitches and a simple renewal process that automatically updates quotes just prior to expiration so that customers can take advantage of the best rates and coverage possible.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, NJ, March 27, 2020 — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today reported that the Company has completed the audit of its wholly owned Fortman Insurance Agency subsidiary (“Fortman”). The 2017 and 2018 financial results for Fortman Insurance, which precede the acquisition by Reliance, will be posted on the Company’s website. The 2019 results will be included in the consolidated financials within the Company’s Form 10-K, which is expected to be filed shortly.
Ezra Beyman, CEO of Reliance Global Group, stated, “We are delivering on our promise by completing the audits for each of our subsidiaries. We are near completion of the audits for the final remaining subsidiary. Upon completion of each of the audits, we will file our Form 10-K to become fully reporting with the Securities and Exchange Commission. Despite the current havoc in the markets, our insurance agencies are performing well and we are starting to see a more favorable real estate market, which we believe will allow us to take advantage of opportunistic acquisitions.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, NJ, March 19, 2020 — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”)today reported that in light of the current situation, the Company’s CEO, Mr. Ezra Beyman, has announced plans to personally fund employees to purchase the Company’s common shares in the open market through a cash gift. The program will allow for up to a maximum of 1,000,000 shares to be purchased by employees under the guidelines of the Program.
Ezra Beyman, CEO of Reliance Global Group, stated, “The global health concerns related to the COVID-19 pandemic are real and we urge all Americans to follow necessary precautions. As previously announced, we are taking our own steps to protect employees and ensure business continuity. Nevertheless, business goes on and I am more encouraged than ever by the outlook for Reliance. I am especially grateful for the hard work and dedication of our employees during these challenging times. For this reason, I’m pleased to personally fund our employees to purchase up to 1 million of the Company’s shares.
“Overall, we are extremely well positioned given the diversification of our business model. The current market may present unique real estate opportunities within a more favorable interest rate environment. Given this landscape, we are well positioned to take advantage of opportunities in the marketplace as they arise. At the same time, we have our focus as well within the insurance sector, and given the fact we own agencies versus carriers, these businesses tend to be well insulated during periods of market volatility. Moreover, through our partnership with Nsure.com, we can significantly enhance the efficiency of our bricks-and-mortar agencies, as well as benefit from more favorable multiples as we evaluate future acquisition opportunities. Our alignment with Nsure.com will also allow us to participate in the tremendous inherent upside as more of the insurance industry moves online. I strongly believe this is an industry ripe for disruption, just like hundreds of industries before, such as online shopping. I encourage everyone to exercise prudence and caution during these difficult times, but don’t lose sight of the ingenuity and resilience of the American people.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, N.J., March 19, 2020 — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today reported that the Company has completed the audit of its wholly owned Southwestern Montana Insurance subsidiary. The Company is moving rapidly to complete the audit of each of its subsidiaries, which are expected to be completed shortly.
Ezra Beyman, CEO of Reliance Global Group, stated, “We are making rapid progress in completing the audits for each of our subsidiaries. The 2017 and 2018 financial results for Southwestern Montana Insurance, which precedes our acquisition, have now been posted on our website. The 2019 results will be included in the consolidated financials within our Form 10-K, which will be filed upon completion of all the audits. We look forward to becoming fully reporting with the Securities and Exchange Commission, an important stepping stone towards our planned listing on a national exchange.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
LAKEWOOD, NJ, March 16, 2020 — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today provided the following update to shareholders.
Ezra Beyman, CEO of Reliance Global Group, stated, “In light of the global pandemic, I’d like to reassure our customers and shareholders that our businesses have been uninterrupted and we have taken precautions to protect our employees and ensure business continuity. Importantly, we believe our aggressive move into the insurance sector was timely, considering this market has historically been insulated from economic cycles. Moreover, we believe the current interest rate environment will ultimately benefit our multi-family real-estate strategy. Most important, we are committed to the health and safety of our employees, and are eternally grateful for the hard work of the local, state and federal employees, as well as healthcare workers and others on the front lines working tirelessly to ensure the safety and wellbeing of citizens around the country.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (OTCQB: RELI) is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
