GARDEN CITY, N.Y., Dec. 13, 2005 (PRIMEZONE) -- Walker Financial Corporation (OTCBB:WLKF), a marketer of insurance, financial products and other products and services which benefit the baby boomer and senior population segments, announces it will be conducting due diligence into the health care and medical related service business areas, which it may enter into during the calendar year 2006. Both of these markets represent important product areas for a large percentage of baby boomers and seniors. Mitchell Segal, President and CEO of Walker stated, "Health care and medical services are extremely important areas that concern the majority of the population segments that we seek to serve. We feel that there may be several opportunities that exist within these areas which could provide revenue and net income with corresponding shareholder value for our shareholder base. We are currently analyzing these areas for products and potential acquisition opportunities."
Additionally, Walker has moved into a new corporate office space location in Suite 650 of 990 Stewart Avenue in Garden City, New York. "We are excited about our new location within the current building in which we are housed. We have increased the size of our offices as we seek to prepare for an exciting 2006 calendar year. In 2006, we intend to increase our infrastructure as we seek to add products and services to market which benefit the baby boomer and senior populations," said Segal.
About Walker Financial Corporation
Walker Financial Corporation is focusing its efforts on the marketing of financial products and services and non financial products and services which benefit the baby boomer and senior populations. Through its subsidiary, National Preplanning, Inc., it is engaged in the sale of final expense insurance. Through its licensed subsidiary, NPI Agency, Inc., Walker earns insurance commissions on the sale of various insurance products. Through its subsidiary, American DataSource ("ADS"), the Company is engaged in the business of providing a complete line of administrative services for trust accounts. Walker Financial is currently looking to expand its products offerings by adding various financial products and other services which may occur through acquisition opportunities, although there can be no assurance that this will occur.
Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of the Safe Harbor provisions of the federal securities laws. Forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the Company's products and services in the marketplace, regulatory and competitive factors, new products and technological changes, the Company's dependence upon third-party suppliers, and other risks detailed from time to time in the Company's Form 10-K, Form SB-2A and other regularly filed reports.