SOURCE: National Intelligence Association

National Intelligence Association

February 08, 2011 17:17 ET

National Intelligence Association, Inc. (OTCBB: NIAS) Granted DTC Eligibility Status by the Depository Trust Company (DTC)

ORLAND PARK, IL--(Marketwire - February 8, 2011) - National Intelligence Association, Inc. (OTCBB: NIAS), a publicly held company engaged in the business of private security, investigations and executive protection, is pleased to announce that the Company has recently been granted eligibility status by the Depository Trust Company (DTC).

The DTC provides banks, brokerage firms and other institutions with an efficient means of moving securities and settling trades electronically.

"Securities not DTC eligible are often not accepted for trading at many institutions or simply restricted from being traded on a daily basis due to the amount of paperwork or manpower required to place and execute trades," stated the Company's CEO Jim Miller. "Becoming DTC eligible resolves these issues and is a crucial step in increasing our exposure and attracting new investors to our company."

About DTC

Depository Trust Company (DTC) is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission. The depository brings efficiency to the securities industry by retaining custody of some two million securities issues, effectively "dematerializing" most of them so that they exist only as electronic files rather than as countless pieces of paper. The depository also provides the services necessary for the maintenance of the securities it has in custody.

About National Intelligence Association, Inc.

Founder, James J. Miller, has worked on nearly 500 cases over the last 25 years with a variety of clients including law firms, governmental agencies, professional services firms, small business owners, major communications firms, financial firms, major retailers and one of the nation's largest insurers as well as the general public. National Intelligence Association, Inc. offers security services, investigations services, executive protection services and training services to our clients and the public at large. These services have been designed to appeal to the general public, corporate world and the government to provide security services, protecting people and preventing adverse situations from threatening the peace of our homeland. The Company is committed to success in the security and investigation industry and strives to adhere to the strict rules handed down by the Department of Financial and Professional Regulations. We believe that our high level of commitment to this mandate will enable the Company to attract top professionals as agents and investigators, as well as clients looking for our services.


Forward-Looking Statement

This release contains forward-looking statements that reflect National Intelligence Association, Inc. plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

Contact Information

  • Grace Yang