SOURCE: Puritan Financial Companies, Inc.

December 02, 2008 10:04 ET

Puritan Financial Group Names 4 New District Managers

ADDISON, TX--(Marketwire - December 2, 2008) - Puritan Financial Group, a wholly owned subsidiary of Puritan Financial Companies, Inc., today named four new district managers to help with the tremendous growth in its Life Insurance and Annuity business.

The new district managers are George Manolovich in the Pittsburgh, PA District Office; Stephen Hudson in the Philadelphia, PA District Office; John Dysert in the Cleveland, Ohio District Office; and Greg Richards in the Detroit, MI District Office.

"In today's economic environment with its unprecedented volatility and turmoil, we are unique in that we are seeing tremendous growth in our business as mature Americans continue to seek our products and services that feature safety of principal and guarantees on income they cannot outlive. With this growth we are continuing to recruit high quality managers to help our representatives service our clients' needs. This may be our best crop of managers in a decade," says Sam Thomas, President of Puritan Financial Group, Inc.

About Puritan Financial Companies:

Puritan Financial Companies, Inc. is a privately owned holding company that has four operating subsidiaries that include a Registered Broker Dealer (Puritan Brokerage Services, Inc.); a Registered Investment Advisor (Puritan Investment Advisor); a multi-state licensed insurance agency (Puritan Financial Group); and a life insurance company (Puritan Life Insurance Company). The company operates in eleven states and is a leading provider of financial solutions for the mature market that feature safety of principal, high levels of service, and solid value for our clients.

This press release includes statements that may constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, continued acceptance of Puritan's products and services in the marketplace, competitive factors, changes in regulatory environments, and other risks. Puritan does not undertake any obligation to update or publicly release any revisions to any forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

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