SOURCE: Phoenix Associates Land Syndicate

May 02, 2007 06:00 ET

Phoenix Posts Video "Executive Summary" to Its Website

The "PBLS Newsreel" Tells Shareholders the Phoenix Associates Story via a Seventeen-Minute Video Presentation

MADISONVILLE, LA -- (MARKET WIRE) -- May 2, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (PINKSHEETS: PBLS) today announced that it has posted a Corporate Executive Summary Presentation on its PBLS Newsreel web page for all to view.

Paul Alonzo, CEO of Phoenix, said, "This professionally produced video presentation will give shareholders and investors a reasonably complete overview of what our company is really all about. We have tried to cover all of our business units, from sand & gravel to our aviation holdings, so that shareholders will gain a more complete understanding of what they have invested in when they added PBLS to their investment portfolio."

To view this PBLS Newsreel presentation of the Phoenix Executive Summary go to: http://www.pbls.biz/newsreel.asp

You must have the Adobe Flash Player software on your computer to view this video. If you do not already have this software, it can be downloaded in a few minutes from the PBLS Newsreel web page.

About Phoenix Associates Land Syndicate (PBLS)

Phoenix Associates Land Syndicate (PBLS) is a public holding company, with thousands of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in aviation, sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz.

Forward Looking Statements

This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.

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