Tower Financial Corporation to Present At Mid-Atlantic SuperCommunity Bank Conference


FORT WAYNE, Ind., Nov. 3, 2006 (PRIMEZONE) -- Tower Financial Corp. (Nasdaq:TOFC) will be presenting Monday, November 6, at the Mid-Atlantic SuperCommunity Bank Conference at 4:40 p.m. EST. Donald Schenkel, President and CEO, and Michael Cahill, Chief Operating Officer and Chief Financial Officer, will discuss business strategies and financial performance. The presentation will include forward-looking statements.

WEBCAST INFORMATION

Interested investors may access the live audio presentation, with slides available for viewing, at http://www.super-communitybanking.com/midatlantic/webcast.htm. To listen to the live webcast, please go to the website at least fifteen minutes early to download and install any necessary software. The presentation will also be available on the Tower Financial website (www.TOFC.net) both live and in archive for 30 days following the event.

ABOUT THE COMPANY

Headquartered in Fort Wayne, Indiana, Tower Financial Corporation is a financial services holding company for two subsidiaries: Tower Bank & Trust Company, a growing community bank that opened in February 1999; and Tower Trust Company, a state-chartered wealth services firm doing business as Tower Private Advisors. Tower Bank provides a wide variety of financial services to businesses and consumers located in Northeast Indiana through its six full-service financial centers in Fort Wayne and business development offices in Angola, Indianapolis and Warsaw, Indiana. As of June 30, 2006, Tower Financial Corporation reported assets of $610 million, with an additional $505 million in assets under management at Tower Private Advisors. Tower Financial Corporation's common stock is listed on the Nasdaq National Market under the symbol "TOFC." For further information, please visit Tower's web site at www.TOFC.net.



            

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