SOURCE: KMA Capital Partners, Inc.

March 28, 2007 09:24 ET

KMA Capital Partners, Inc. Announces the Sale of the Northeast Region for $2.5M

ORLANDO, FL -- (MARKET WIRE) -- March 28, 2007 -- KMA Capital Partners, Inc. (PINKSHEETS: KMCP) (KMA Capital) today announced the sale of the Northeast Region for $2.5 million to Intraglobal, Inc., an affiliated group, to expedite the rollout of KMA Capital's Field Office and Franchise programs.

"The northeast region is the most important growth area of the country for KMA Capital," said CEO Doug Calaway, "and to have this experienced group focused on the Northeast Region will strengthen our strategic growth plans." By the sale of the Northeast Region to Intraglobal, KMA Capital is continuing to expand its efforts to implement the Field Office and Franchise programs. Intraglobal is a knowledgeable organization with aggressive expansion plans, which includes the sale of 20 to 30 franchises and 5 area field offices. This extensive network of offices is instrumental to the strategic plans of both KMA Capital and Intragobal in generating a significant "footprint" in the investment banking segment of the financial market. Intraglobal also has considerable plans to make purchases of strategic businesses to add to their portfolio.

KMA Capital Partners, Inc., with corporate headquarters in Orlando, Florida, is a merchant banking firm that engages in investment banking, financial consulting, negotiations of mergers and acquisitions, portfolio management, turnaround services, "business development" company services and commercial ventures focusing on mid-cap private and public companies. Current national field offices are located in Los Angeles, CA; Austin, TX; Freeport, IL; Huntsville, AL; Portland, ME; Cleveland, OH; Mid-Atlantic covering Baltimore/Washington, DC; Seattle, Washington; Jacksonville, Tampa and Orlando, Florida.

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Safe Harbor

The statements made in this release constitute "forward-looking'' statements, usually containing the words "believe,'' "estimate,'' "project,'' "expect,'' or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • Contact:
    Jack Craig
    Investor Relations
    KMA Capital Partners, Inc.
    7658 Municipal Drive
    Orlando, FL 32819
    Phone: 407-370-4300
    Fax: 407-226-3977
    Email Contact