Consumer Direct of America Selects Allen & Caron for Corporate Communications, Investor & Media Relations
08 March 2004 - 9:40PM
PR Newswire (US)
Consumer Direct of America Selects Allen & Caron for Corporate
Communications, Investor & Media Relations LAS VEGAS, March 8
/PRNewswire/ -- Consumer Direct of America (BULLETIN BOARD: CSUA) ,
a leading consolidator of the growing mortgage brokerage business,
today announced that it has retained the services of Allen &
Caron Inc, an investor and media relations firm with offices in New
York City, Irvine (CA) and London, as its corporate communications,
investor and media relations agency. Working with Allen &
Caron, the Company intends to commence a new investor and media
relations program in the first quarter of 2004, targeting an
expansion of its institutional shareholder base, increased
shareholder communications and established presence inthe business
and financial media. Michael A. Barron, Chairman, President and CEO
of Consumer Direct of America, said, "We have selected Allen &
Caron to help us communicate to the investment community our
aggressive acquisition plans and compelling growth prospects. I
have a long standing relationship with Allen & Caron having
worked with them in the past while at other firms and am confident
in their abilities. Allen & Caron has extensive relationships
with a large and diverse audience of fund managers, institutional
investors and media outlets and has a broad knowledge of the
financial markets." Allen & Caron CEO Joe Allen commented,
"Consumer Direct has made significant operational and financial
progress over the last year as it has investedin its infrastructure
and expanded through acquisitions. On its way to establishing a
strong presence in mortgage brokerage and ancillary services,
Consumer Direct, we think, has been broadly overlooked despite its
attractive prospects." About Allen & Caron Inc Allen &
Caron is a full-service corporate, investor and marketing
communications agency serving the needs of public companies. The
Allen & Caron national client base includes emerging growth
companies in a range of industry segments. The company maintains
offices in Irvine, California, New York City and London, England.
For more information, please visit: http://www.allencaron.com/ .
About Consumer Direct of America Consumer Direct of America
(OTC:CSUA) (BULLETIN BOARD: CSUA) is a leading consolidator of the
growing mortgage brokerage business. The company currently employs
over 300 people, 150 of which are residential mortgage real estate
brokerage professionals who have closed loan volume of over $815
million and $50 million inreal estate sales for the year ended
December 31, 2003. Consumer Direct operates a total of 54,000 sq.
ft. of telesales and branch office space. Emerging as a national
leader in mortgage banking/ brokerage and ancillary services, the
company plans tohave 10 regional hubs across the United States by
the end of 2004. The company's core competence in
direct-to-consumer marketing technologies and methods results in
efficiency rates that are up to 150 percent higher than industry
averages. Consumer Direct also leverages its direct marketing
expertise to provide third-party direct marketing services to
clients. For more information, please visit the company's website
at http://www.cdofamerica.com/ . Statements in this press release
other than statements of historical fact, including statements
regarding the company's plans, beliefs, and estimates as to
projected market size are "forward-looking statements." Such
statements are subject to certain risks and uncertainties,
including factors listed from time to time in the company's SEC
filings, and actual results could differ materially from expected
results. These forward-looking statements represent the company's
judgment as of the date of this release. The company disclaims,
however, any intent of obligation to update these forward-looking
statements. For further information please contact: Jill Bertotti
(investors), , or Len Hall (media), , both of Allen & Caron
Inc, +1-949-474-4300 DATASOURCE: Allen & Caron Inc CONTACT:
Jill Bertotti (investors), , or Len Hall (media), , both of Allen
& Caron Inc, +1-949-474-4300 Web site:
http://www.cdofamerica.com/ Web site: http://www.allencaron.com/
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