SOURCE: Parafin Corporation

September 21, 2010 10:15 ET

Former Chief Forensic Chemist for the US Secret Service Delivered Forensic Report to Parafin

LOS ANGELES, CA--(Marketwire - September 21, 2010) -  Parafin (PINKSHEETS: PFNO) has received numerous enquiries as to who wrote the latest Forensic Report about the Series FF ING Bearer Bonds dated June 16, 2010. This is an introduction to Mr. LaPorte taken directly from his report to Parafin on the ING Bonds.

Gerald M. LaPorte was the Chief Forensic Chemist for the US Secret Service until he moved to the Department of Justice as the Forensic Policy Program Manager. The United States Secret Service oversees all matters regarding US issued Securities including the US Currency.

"My name is Gerald M. LaPorte, M.S.F.S. and I am a Forensic Chemist and Document Dating Specialist with Riley Welch LaPorte & Associates, Forensic Laboratories. I have over 15 years of experience in the field of forensic science and over 8 years of experience performing physical and chemical examinations on a variety of documents to determine how they were produced, where they may have originated from, and if they are authentic. I trained with the United States Secret Service in the field of questioned document examination with specialization in the area of ink and paper analysis. For over 6 years, I was responsible for maintaining the largest international collection of writing ink standards in the world -- a collection of nearly 10,000 inks that date back to the 1920s. I served as the Chief Research Forensic Chemist at the United States Secret Service until March of 2009."

In his May 7, 2010 report to Parafin, Mr. LaPorte stated, "I have requested and provided ING with the opportunity to collaborate by facilitating access to a genuine bond for comparison and have received no cooperation for the past (5) five months..." This was done to give ING the opportunity to confirm or to contradict the results of Mr. LaPorte's Forensic Report to Parafin dated May 7, 2010 and to determine the source of the Series FF ING 5.5% Bearer Bonds. 

Mr. LaPorte concluded his report with this statement: "The lack of collaboration by the issuer, the generic response received via email, and the statements issued by ING Bank based on a digital image is highly unusual."

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

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