Patriot Risk Management, Inc. and Inter-Atlantic Financial, Inc. Schedule Investor Conference Call for September 22, 2009
September 21 2009 - 12:08PM
Business Wire
Patriot Risk Management, Inc. and Inter-Atlantic Financial, Inc.
(NYSE Amex: IAN) are scheduling an investor conference call for
Tuesday, September 22, 2009 at 11:00 a.m. ET. The call will be open
to all investors to discuss the planned merger with special purpose
acquisition company Inter-Atlantic Financial, Inc. Steven Mariano,
CEO of Patriot, will be conducting the call. Attendees for the
conference call need to first register with Brett Baris of
Inter-Atlantic at (212) 581-2188 or via email to
brett@interatlanticfinancial.com prior to 10:30 a.m. ET on
September 22, 2009.
About Patriot Risk Management, Inc.
Patriot Risk Management, Inc. (Patriot) produces, underwrites
and administers alternative market and traditional workers’
compensation insurance plans and provides claims services for
insurance companies, segregated cell captives and reinsurers.
Through its subsidiaries, PRS Group, Inc. and Patriot Underwriters,
Inc., Patriot provides workers’ compensation insurance services,
including marketing, underwriting, policy and claims
administration, captive management and nurse case management and
cost containment services. Through its subsidiary, Guarantee
Insurance Company, Patriot provides alternative market risk
transfer solutions and traditional workers’ compensation insurance
plans for employers. For further information, please visit
www.prmigroup.com.
About Inter-Atlantic Financial, Inc.
Inter-Atlantic Financial, Inc. (NYSE Amex: IAN) is a special
purpose acquisition company formed for the purpose of acquiring,
through a merger, a capital stock exchange, asset acquisition,
stock purchase or other similar business combination, an operating
business in the financial services industry. The management of
Inter-Atlantic has invested in 19 growth-oriented financial
services companies since 2001. As a special purpose acquisition
company, Inter-Atlantic is scheduled to dissolve and liquidate if
it does not complete a business combination transaction by October
9, 2009. For further information on Inter-Atlantic Financial,
please go to http://www.interatlanticfinancial.com/.
SEC Legends
Inter-Atlantic Financial, Inc. (IAN) is filing with the
Securities and Exchange Commission (“SEC”) all applicable documents
including a preliminary proxy statement, and will mail a definitive
proxy statement and other relevant documents to IAN stockholders. A
copy of these filings will be available when filed on the SEC
website (http://www.sec.gov), and may also be found on the
Inter-Atlantic Financial website at
http://www.interatlanticfinancial.com/.
IAN and Patriot and their respective directors and executive
officers may be deemed to be participants in the solicitation of
proxies for the special meeting of IAN’s stockholders to be held to
approve the proposed business combination. IAN stockholders and
other interested persons are urged to read IAN’s preliminary proxy
statement and definitive proxy statement, when available, in
connection with IAN’s solicitation of proxies for the special
meeting because these proxy statements will contain important
information. Such persons can also read IAN’s final prospectus,
dated October 2, 2007, its annual report on Form 10-K for the
fiscal year ended December 31, 2008 and other reports as filed with
the SEC for a description of the security holdings of IAN’s
officers and directors and their respective interests in the
successful consummation of this business combination. The
preliminary proxy statement and definitive proxy statement of IAN
will contain information with respect to the officers and directors
of Patriot. The definitive proxy statement of IAN will be mailed to
stockholders as of a record date to be established for voting on
the proposed business combination. Stockholders will also be able
to obtain a copy of the definitive proxy statement, without charge,
by directing a request to IAN at: 400 Madison Avenue, New York, NY
10017. The preliminary proxy statement and definitive proxy
statement, once available, and the final prospectus and other
filings of IAN can also be obtained, without charge, at the SEC
website (http://www.sec.gov).
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of any securities in any state or jurisdiction in which
the offer, solicitation or sale of securities would be unlawful and
may not be offered or sold within the United States in the absence
of registration or an applicable exemption from the registration
requirements of the Securities Act of 1933, as amended (the
"Securities Act"), and applicable state securities laws. Any
offers, solicitations of offers to buy, or any sales of securities
will only be made in accordance with the registration requirements
of the Securities Act or an exemption therefrom. This announcement
is being issued pursuant to and in accordance with Rule 135c under
the Securities Act.
Forward-Looking Statements
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking statements
as that term is defined by the United States Private Securities
Litigation Reform Act of 1995. This press release may contain
certain forward-looking statements including statements with regard
to the future performance of IAN and Patriot. Words such as
“believes,” “expects,” “projects,” "will" and “future” or similar
expressions are intended to identify forward-looking statements.
Any such forward-looking statements contained herein are based on
current expectations, but these forward-looking statements
inherently involve certain risks and uncertainties that may cause
actual results to differ materially from expectations such as
material adverse events affecting IAN and Patriot, the ability of
IAN to complete a business combination and those other risks and
uncertainties that are detailed in the IAN’s Prospectus and other
filings with the SEC. IAN undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
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