Transnational Financial Network Elects Dennis Orsi to Board of Directors
28 Juli 2006 - 2:45PM
Business Wire
Transnational Financial Network, Inc. (AMEX:TFN), a
California-based wholesale and retail mortgage banking firm,
announced today that Dennis Orsi has been elected to its Board of
Directors. "We believe that Mr. Orsi's experience in mergers and
acquisitions, finance, and accounting will be important addition to
our team," said Joseph Kristul, TFN's Chief Executive Officer.
Dennis Orsi, CPA, JD. is currently President of Sunshine Greeting
Cards, a greeting card manufacturer controlled by Mr. Orsi and his
family. He is also the non-executive Chairman of the Board of
Safeguard Security Holdings, Inc. a provider of corporate and
industrial security systems and personnel. Before assuming control
of Sunshine, he spent several years as a merger and acquisition
finance executive for Pulte Corp., a national home builder. He has
also served as Senior Vice President and Treasurer of Ensign Bank,
a $2 billion New York Savings bank and spent more than ten years in
the New York Finance community. He was a Vice President in Mortgage
Finance at Kidder Peabody and Senior Vice President & Co-head
of Corporate Finance at Nippon Credit Bank's U.S. Investment and
Merchant Banking subsidiary Eastbridge Capital and Asset
Management. He received his J.D. at St. John's University and his
B.S. in Finance at Syracuse University. Transnational Financial
Network, Inc. is a wholesale and retail mortgage banker that
originates, funds and sells mortgage loans secured by one to four
family residential properties. Through its strong sales and broker
service programs, the Company has built a foundation for growth and
expansion, principally in the markets of Northern California,
Southern California and Arizona. This News Release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, and Section 21E of the Securities
Exchange Act of 1934. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will
prove correct.
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