DENVER, Colo., Oct. 18, 2004 (PRIMEZONE) -- Across America Real Estate Development (Pink Sheets:AARD), a national, publicly traded company that is an investor partner focusing on 100% financing of build to suit projects and providing financing for those transactions where a bank requires developer equity, announced today that the Editorial Board of Standard and Poor's ("S&P") has approved AARD for a complete corporate listing and description in Standard and Poor's Corporation Records. Additionally, AARD will have its corporate description published in Standard and Poor's Daily News Section. S&P also will initiate financial coverage of AARD as part of the S&P Market Access Program, including coverage of AARD on S&P's Internet website, www.advisorinsight.com, as well as S&P Marketscope and the electronic version of S&P Stock Guide database. Additionally, the S&P coverage will appear on the highly trafficked OTC Bulletin Board web site www.otcbb.com.
"Being listed in Standard and Poor's Corporate Records is an important step for Across America Real Estate Development," said Alex Lagerborg, President and CEO of the Company. "This is an additional step to create transparency and understanding for our shareholders. This also provides a vehicle for retail and institutional investors to access financial and operational information about the Company. It is our hope that this move will enhance our corporate image and broaden investor awareness."
Standard Corporation Records is a recognized securities manual for the "Blue Sky" Standard Manual Exemption for secondary trading in more than 37 states. AARD's listing in Standard Corporation Records should assist the brokerage and investment communities in making a market for AARD's stock. It is recommended that brokers check with their compliance officers or legal counsel for applicable "Blue Sky" laws and regulations pertaining to them.
About Across America Real Estate Development
Based in Denver, Colorado, Across America Real Estate Development (AARD.PK) is a national, publicly traded company that is an investor partner to real estate developers focusing on 100% financing of build to suit projects and also providing financing for those transactions where a bank requires developer equity. For more information visit our website www.aard.us
This press release can also contain certain information about AARD's business prospects and financial projections. These are only prospects and projections based upon good faith current expectations of the management of AARD. This information is based on assumptions as to future events that are inherently uncertain and subjective. AARD makes no representation or warranty as to the attainability of such assumptions or as to whether future results will occur as projected. You are expected to conduct your own investigation with regard to AARD and its prospects.
Additional information can be found at the Company's web site at www.aard.us. Copies may also be obtained by contacting Across America's offices at 303-468-3974. The company assumes no obligation to update the information in this press release.
To be added to Across America Real Estate Development email list for company news, please send your email address to alagerborg@aard.us