National Asset Recovery Corp. Announces S&P Listing
December 06 2010 - 3:24PM
Marketwired
(OTCBB: REPO) (OTCQB: REPO)National Asset Recovery Corp. (NARC)
announces that on December 1, 2010 the Company is listed in
Standard & Poor's and announced in S&P Daily News.
Information on the Company is available to investors in Market
Scope (www.marketscope.com) registering over 1 million hits per day
and used by over 100,000 investment professionals and brokers
daily.
The company information to be made available through this
program includes share price, volume, dividends, shares
outstanding, company financial position, and earnings. Standard
& Poor's Advisor Insight is an Internet-based research engine
used by more than 100,000 investment advisors. A public version of
the site is available at www.advisorinsight.com.
In addition, information about companies in Standard &
Poor's Market Access Program will be available via S&P's Stock
Guide database, which is distributed electronically to virtually
all major quote vendors. As part of the program, a full description
of National Asset Recovery Corp. will also be published in the
Daily News section of Standard Corporation Records, a recognized
securities manual for secondary trading in up to 38 states under
their Blue Sky Laws.
The Company's management will keep S&P updated on the growth
of the Company and will use S&P as a resource that provides the
Company's financial information to investors.
About National Asset Recovery Corp.
National Asset Recovery Corp. ("NARC") is a collateral recovery
management company that allocates repossession assignments
nationwide to over 600 recovery agencies that we are partnered
with. NARC uses its Lender contact relationships to obtain
repossession assignments and handle the logistics of the recovery
process. NARC offers repossession assignments & Skip Tracing to
collateral recovery and auction delivery. The company has created
its own software for Lenders to open assignments online and review
updates and progress of the recovery; plus our Repo Agent partners
will be able to input updates of the asset recovery.
This news release contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plan,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulation, and other risks described in statements filed from time
to time with the Securities and Exchange Commission. All such
forward-looking statements whether written or oral, and whether
made by or on behalf of the Company, are expressly qualified by the
cautionary statements that may accompany the forward-looking
statements. In addition, the Company disclaims any obligation to
update any forward-looking statements to reflect events or
circumstances after the date hereof.
Contacts: Investor Relations Contact 1-561-932-1422 x 229
InvestorRelations@RepoResults.com Standard and Poor's Media
Relations Contact: Michael Privitera 212 438-6679
michael_privitera@standardandpoors.com
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