SOURCE: Panamersa Corp

March 09, 2007 12:22 ET

Pan America Sociedad Anonima (MMVII) PANAMERSA Announces Change in Board of Directors

PANAMA CITY, PANAMA -- (MARKET WIRE) -- March 9, 2007 -- Pan America Sociedad Anonima (MMVII) PANAMERSA (PINKSHEETS: PNMS) President, Pedro Borges Fiol, announced, "As of March 1, 2007, Rodney Adam Omanoff will no longer be serving as Director & Executive Vice-President of Pan America Sociedad Anonima. Omanoff is no longer affiliated with any of PANAMERSA's operating companies or regions. This change is due to philosophical differences with me, and should not adversely affect any of our operations. I wish him the best in his endeavors."

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