SOURCE: IO News Wire

IO News Wire

September 22, 2009 07:30 ET

(OTC: WNCG) Announces Estimated Fees of $5 Million

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - September 22, 2009) - The Wyncrest Group, Inc. (PINKSHEETS: WNCG) announced yesterday that it is expecting commissions earned from its Dallas based financial services target acquisition to hit $5,000,000.00 in 2009.

The past few years has seen a shift in the insurance arena from large conglomerates to smaller, niche insurers. Size itself, seemed to be an objective, but the trend is shifting to nimble, more personalized companies with an emphasis on service.

Southwest Financial Group, a subsidiary of Wyncrest Offshore Services has been in existence for 21 years with 85 representatives and over 18,000 clients. Wyncrest is currently in negotiations with distressed agencies to consolidate under one low cost platform.

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