WNCG Wyncrest Group Inc New (CE)

PALOS PARK, Ill., Aug. 16 /PRNewswire-FirstCall/ -- Wyncrest Group, Inc. (Pink Sheets: WNCG), a financial services organization, has expanded operation of its American Teacher Retirement Services organization to Houston.  American Teacher Retirement Services was originally formed in 2004 in the Dallas-Ft. Worth metro-plex for one simple reason, there was no company or individual financial advisor informing individuals in the education arena of their options for retirement planning. American Teacher Retirement Services is a subsidiary of Wyncrest's Southwest Financial Group.

American Teacher Retirement Services provides financial advice and long-term financial planning such that educators may retire and enjoy the benefits deserved through long years of service. The formula for serving the education market in Houston will be the same marketing program and operating process, which have been honed and proven successful. Nearly 20 new Agents have been hired and an aggressive campaign has been launched with significant penetration in this market expected.

Southwest Financial Group, based in McKinney, Texas is a provider of insurance and financial products. With the addition of American Teacher Retirement Services in Houston, Southwest Financial Group now serves more than 22,000 clients and has over 300 representatives nationwide. The company has been in business for more than 15 years and provides a wide range of offerings including life insurance, retirement and estate planning, long-term care, employee group benefits, 403B retirement benefits, debt reduction, alternative investments, and mortgage purchasing & refinancing.

Mr. William McFarland, Chairman of Wyncrest Group, commented: "I believe this geographic expansion of American Teachers Retirement Services will prove financially valuable in the near term and firmly establish our presence in the Houston area. We will leverage this presence into additional lines of business in Houston and use this expansion model to move into additional cities in the coming months and years. While we continue to look for attractive acquisitions in a variety of strategic areas, we will not forget about our core business.

About Wyncrest Group, Inc. (WNCG.PK)

Wyncrest Group, Inc. is a growing financial services organization. Wholly-owned subsidiary Southwest Financial Group has been delivering trusted insurance products and financial services since 1994, serving more than 22,000 clients throughout the United States. By developing the growth potential from within its existing businesses and acquiring companies with market share in lucrative financial segments, Wyncrest Group, Inc. is committed to increasing value for shareholders.

"Forward-Looking Statements - Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Wyncrest Group, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Wyncrest Group, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

SOURCE Wyncrest Group, Inc.