BOCA RATON, Fla., July 23, 2007 (PRIME NEWSWIRE) -- Sun American Bancorp ("Sun American") (Nasdaq:SAMB), the bank holding company for Sun American Bank, today announced that it will be participating in Keefe, Bruyette & Woods 8th Annual Community Bank Investor Conference, to be held July 31, 2007 and August 1, 2007 at the Waldorf Astoria Hotel located in New York City. Michael Golden, President and CEO of Sun American Bancorp, is scheduled to speak at 11:00 a.m. EDT on August 1st and is expected to discuss the Company's business structure, financial overview and market opportunities. Sun American Bank is a $595 million asset bank with 15 branches throughout South Florida as of June 30, 2007.
Keefe, Bruyette & Woods plan to webcast the presentations at the Community Bank Investor Conference. During the conference, Sun American Bancorp's presentation can be viewed at http://www.kbw.com/news/conferenceCommunity.html
The Sun American Bancorp logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3685
Except for historical information contained herein, the matters set forth in this news release are "forward looking" statements, as defined in the Private Securities Litigation Reform Act of 1995. Although Sun American Bancorp believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions; there can be no assurance that its expectations will be realized. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from Sun American Bancorp's expectations. Factors that could contribute to such differences include those identified in Sun American Bancorp's Form 10-K for the year-ended December 31, 2006, and those described from time to time in Sun American's other filings with the Securities and Exchange Commission, news releases and other communications.