SOURCE: Shearson Home Loans

June 05, 2007 11:48 ET

Shearson Financial Network, Inc. Announces Engagement of RedChip Companies, Inc. to Lead Institutional and Retail Investor Relations

ORLANDO, FL--(Marketwire - June 5, 2007) - Shearson Financial Network, Inc. (OTCBB: SFNN) announced today that it has hired RedChip Companies, Inc. to lead its institutional and retail investor relations programs.

Michael Barron, Chairman and Chief Executive Officer of Shearson Financial Network, Inc., stated that, "Our decision to choose RedChip Companies, Inc. to lead our investor relations program was based on the Company's proven track record of professionalism, integrity, and results in helping emerging growth companies achieve superior visibility and investor awareness." Barron added that, "We look forward to having RedChip Companies as part of our team, and are confident that its programs will be a vital part of Shearson Financial Network."

Dave Gentry, president of RedChip Companies, commented, "We are pleased with the opportunity to represent Shearson Financial Network, Inc. The Company's innovative business strategy and extensive network of expertise meet RedChip's Criteria. We look forward to leveraging a comprehensive investor relations program and introducing Shearson Financial Network to our international retail and institutional network."

About Shearson Financial Network, Inc.

Shearson Financial Network, Inc. operates business units in the mortgage loan resolution arena and is a consolidator of independent mortgage brokerages. Shearson operates 12,538 sq. ft. of direct contact loan resolution space in Irvine, California and is licensed in 33 states. The Company is currently seeking new branches for its growing network. For more information, please visit the Company's website at www.shearsonfinancialnetwork.com, www.sfnncorp.com or www.shearsonhomeloans.com.

About RedChip Companies, Inc.

RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp.

Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected results and market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.

Contact Information

  • Contact:
    Shearson Financial Network, Inc.
    Las Vegas, Nevada
    Michael Barron
    702-868-7922

    Investor Relations:
    RedChip Companies, Inc.
    Sanford Diday
    1-800-733-2447 ext. 115
    Sanford@RedChip.com
    www.RedChip.com