fyi
PLEASANTON, Calif., Oct. 4, 2005 (PRIMEZONE) -- Silverado Financial, Inc. (OTC BB:SLVO.OB - News), a mortgage banking company focused on non-prime borrowers, today announced that it will be a featured presenter at Instream Partners' 4th Annual ``Value Below the Radar'' conference Tuesday at 8:30 a.m., October 18, 2005 at the Park Hyatt in San Francisco. John Hartman, president and CEO of Silverado Financial, will give the presentation.
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``We have had a great year thus far and our business continues to grow,'' said Hartman. ``From increasing revenue generation to the closing of an acquisition, Silverado is laying the groundwork for tremendous success. In 2005, Silverado has grown from two locations in California to a national firm with 10 offices from coast-to-coast. Silverado's current run rate puts the Company on track for approximately $4 million in annual sales. With the acquisition being closed and integrated, the Company expects to see the benefits of this strategy in the second half of the year. Our outlook for 2005 is a positive one. We expect strong revenue in the second half of 2005 and profitability by year-end 2005. Now that we are starting to see the benefits of our strategic growth plans, we look forward to presenting our vision at the Instream conference.''
Instream Partners' ``Value Below the Radar'' conference highlights companies exhibiting strong growth and/or value characteristics, with market capitalizations below $500 million. |