SOURCE: Fundacion Pan America

May 21, 2007 14:37 ET

Foundation Announces New Projects and Start of Trading on PDR Exchange

PANAMA CITY, PANAMA -- (MARKET WIRE) -- May 21, 2007 -- Mike Terrell, council member for Fundacion Pan America, representing the North America region, today announced new projects in the works for the foundation along with the completion of beta testing for PDR Exchange (Panama), Inc.'s official trading site.

"We continue to add amazing projects to our portfolio that promote sense of belonging to all Pan Americans, excite our investors, attract new investors and promote the commercial integration of Latin America into the economic development of the Western Hemisphere and the rest of the world," said Terrell.

PANAMERSA IV Sociedad Anonima has been added to the foundation as an operating company. PANAMERSA IV will convey 3500 Hectors of mineral reserves and one million troy ounces of gold to the foundation, bringing more than $700 million in assets to the foundation.

DESIMPLEX, a PANAMERSA Corporation (PINKSHEETS: PNMS) partner company, is currently in negotiations with the Ecuadorian government to provide VISUALIZDOR, a new software designed to assist in controlling mineral reserves.

The Republic of Guatemala conveyed an additional 3,660 Hectares of Microforests

And in the Estados Unidos de Mejico 42,000 Hectares of Microforests

In addition to the new operating company and announcements above, Fundacion Pan America will also add two companies that will begin trading on the PDR Exchange platform beginning in June. These companies include:

--  The Pan-American Commerce Group (PCG) is a regional insurance and
    reinsurance company, which has developed a suite of new products to "insure
    the commercial integration of Latin America" and also an "Investment
    Reinsurance product."
--  Lineas Aereas Pan-Americanas (Pan-American Airlines), a new, regional
    airline company headquartered in Bolivia serving the commercial integration
    of Latin America.
Two additional South American companies are joining with PDR Exchange (Panama), Inc. to provide investment opportunities to the foundation's beneficiaries. These include:
--  Republica Bolivariana de Venezuela, an operating company expediting
    future buyouts through the exchange, and
--  El Bono Pan American, offering Pan American bonds through the exchange
    similar to Israel bonds.
More announcements will be coming as progress is made and information becomes available, including an operating company for international offshore drilling, additional Microforest acreage, and new projects to boost growth and trading within PDR Exchange (Panama), Inc. and Fundacion Pan America.

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