Empire Financial Announces Rollout of Values Based Screening Tools in Association With Promise Keepers
July 15 2005 - 8:00AM
PR Newswire (US)
Empire Financial Announces Rollout of Values Based Screening Tools
in Association With Promise Keepers LONGWOOD, Fla., July 15
/PRNewswire-FirstCall/ -- Empire Financial Holding Company
(AMEX:EFH), a financial brokerage services firm serving retail and
institutional clients, is pleased to announce today that its wholly
owned subsidiary, Empire Financial Group in conjunction Faith
Financial Planners, Inc. entered into an agreement with Promise
Keepers to offer the Christian men's organization's constituents a
discount brokerage services platform that includes innovative
proprietary screening tools. These tools allow the investor to
screen investment choices based on the individual investor's
Christian values prior to placing an order to purchase shares. The
system offers online transactions at $8.99 per trade and uses third
party proprietary research data which provides the user (investor)
with an informational snapshot of the potential undesirable
activities that the issuing company may be involved in and which
may be at odds with the prospective investor's personal values on
issues ranging from abortion and pornography to gambling and the
same-sex political agenda. The proprietary technology was developed
by Nexa Technologies according to Empire's and Promise Keepers'
specifications and will be a part of Empire's discount brokerage
services. The proprietary research data is provided by the Research
Institute for Corporate Accountability (RICA). Empire's Director of
Operation, Nathan Spells commented, "We are extremely excited to
offer what we believe is the first discount brokerage service
targeted towards the Christian community allowing an investor to
review a company's potential unsuitable activity prior to investing
in the company." Spells added, "We have designed a system that
allows the user to customize his screening process tailoring the
information received to the individual user's values." Stephen
Bolt, President of Faith Financial and founder of RICA stated, "We
are pleased to be able to provide Promise Keepers, an organization
that we have had a long sponsorship relationship with, this
additional resource that will help its constituents to reflect
their Christian values in the way that they invest. Our firm has
always considered values-based investing an important option for
our clients, and the new PKValuesTrade.com platform takes the
practicality of that option to a new level. We believe that this is
the first step in an evolution that can change the industry to the
advantage of those investors who hold deep convictions about their
core values. We also appreciate our partnership with Empire, along
with our sister company RICA, which has enabled the introduction of
this important product. The fact that Promise Keepers has chosen to
utilize this platform is an example of how popular and timely we
believe values-based investing is today." Jim Sands, Chief
Operating Officer of Promise Keepers concluded "Promise Keepers has
been built on the Seven Promises of a Promise Keeper which focus on
a man's efforts toward achieving ever increasing levels of
biblically-based moral purity and integrity in all aspects of life.
We are delighted to be associated with an investment platform that
allows our constituents and the Christian community at large to
attempt to reflect their values in the way that they invest their
money by also looking at the philanthropy, corporate practices, and
products associated with a publicly traded company that they might
otherwise be inclined to invest in. Values-based investing is an
important element of being a good steward of the money that God has
given each of us to manage. It's also a way a man can influence his
world, an important aspect of Promise 7." About Empire Financial
Holding Company Empire Financial Holding Company, through its
wholly owned subsidiary, Empire Financial Group, Inc., provides
full-service retail brokerage services through its network of
independently owned and operated offices and discount retail
securities brokerage via both the telephone and the Internet.
Through its market-making and trading division, the Company offers
securities order execution services for unaffiliated broker dealers
and makes markets in domestic and international securities. Empire
Financial also provides turnkey fee based investment advisory and
registered investment advisor custodial services through its wholly
owned subsidiary, Empire Investment Advisors, Inc. About Faith
Financial Planners, Inc. Faith Financial is a privately owned
company comprised of a growing national network of financial
advisors who are committed to integrating their faith into their
financial services practice. Its financial planning program is
branded as Money for Life, the same as the title of the book
authored by its President and owner, Stephen R. Bolt. Faith
Financial registered representatives offer securities through
Empire Financial Group, as well as proprietary values-based money
management services through the Faith Asset Management Program and
Empire Investment Advisory, Inc., a Registered Investment advisor.
About Research Institute for Corporate Accountability RICA is a
research firm and a wholly owned subsidiary of the American Values
Financial Group, Inc. sharing offices with Faith Financial Planners
in Franklin, TN just south of Nashville. RICA's Executive Director
is Gordon Barrett. About Promise Keepers Promise Keepers' mission
is to ignite and unite men to become passionate followers of Jesus
Christ through the effective communication of seven promises to
God, his fellow men, family, church and the world. Promise Keepers'
vision is simply put in three words: "Men Transformed Worldwide."
The international ministry to men based in Denver, Colorado has
directly reached more than five and a half million men since its
founding in 1990. Promise Keepers has produced more than 200
conferences, events and gatherings for men, youth and clergy. Since
the turn of the century, Promise Keepers (PK) has reached close to
200,000 men and boys annually at conferences, and thousands more
have been reached through the Internet, satellite and radio
broadcasts, music CDs, books and numerous multi-media resources
designed for ministry to men. Find out more at the official Promise
Keepers website, http://www.promisekeepers.org/. About Nexa
Technologies Nexa Technologies, Inc., is a provider of online and
direct access trading solutions. Its comprehensive product set
incorporates multi-asset direct access trading systems, an Order
Management System (OMS), comprehensive data and market access to
European and North American equity, options and derivatives
exchanges and ECNs. Founded in 1999, Nexa Technologies is an
independent subsidiary of Penson Worldwide, Inc. Nexa has over
100,000 active retail and professional users throughout North
America and Europe. It manages up to 200,000 transactions/day and
hosts more than 500,000 customer accounts globally. Nexa
Technologies added historical intraday time series data into its
product range in January 2005 when Penson Worldwide acquired
substantially all of the assets of Tick Data, Inc. Tick Data
provides intraday time series data available for the equities
markets, proprietary compression algorithms, price-filtering
techniques, and ticker symbol mapping processes used to produce
complete, research-ready historical data. From efficient data
collection and distribution to seamless integration with
third-party analytical software, Tick Data removes the frustration
from building and maintaining an historical database. For more
information see http://www.nexatech.com/. Forward-Looking Statement
Disclaimer This press release contains "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and unknown
risks, uncertainties or other factors which may cause actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Factors that might cause such a difference include,
without limitation, the ability of the Company to continue as a
going concern, fluctuations in the volume of transactional services
provided by the Company, competition with respect to financial
services commission rates, the effect of general economic and
market conditions, factors affecting the securities brokerage
industry as well as other risks and uncertainties detailed from
time to time in the Company's Securities and Exchange Commission
filings. At the Company: Donald A. Wojnowski Jr. President (407)
774-1300 At Financial Relations Board: Lasse Glassen General
Information (310) 854-8313 DATASOURCE: Empire Financial Holding
Company CONTACT: Donald A. Wojnowski Jr., President of Empire
Financial Holding Company, +1-407-774-1300, ; or Lasse Glassen,
General Information of Financial Relations Board, +1-310-854-8313,
, for Empire Financial Holding Company Web site:
http://pkvaluestrade.com/ Web site: http://www.nexatech.com/ Web
site: http://www.promisekeepers.org/ Web site:
http://www.empirenow.com/
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