News Line

HIGH COUNTRY, Calif., January. 02, 2008 /PRNewswire FirstCall over COMTEX/ — gold state Business Bank (OTC message Board: GSBB) announced today that it received regulating and board agreement, so that stock a buy-back acquires program to 93,370 portions or 5% of the outstanding general stock the banks. Ralph Wiita, President and Chief the Executiv more Officer, indicated, “the plan to redeem over portions reflects the confidence of the boards in the long prospects designation of the banks and too current market prices places our stock one excellent investment value.” will structured all negotiations, in order to agree with the shares and Exchange commission the Rule 10b-18 and die conditions, be contained die in permission by die responsible supervisory authority. Buy-back, die by opened market acquire or negotiations negotiated privately to be led, dependent on time too time on market conditions and other factors formed. There is no warranty regarding exact number by Bank or the TIMING of such buy-back to be redeemed portions. Redeemed portions and authorized however university south of portions to become withdrawn. Kw_may stock buy-back program is shifted, or adjusted to all possible time. This press you release may contain certain forwardlooking statements about Bank, for Bank protection safe harbor regulations to be stated, die in Private collateral law case improvement Act of 1995 be contained. Forwardlooking statements are based on current expectations concerning managements are economic, legislative and regulating expenditures incomes of these may effect gold state Business bank into future periods. Factors, die could do, cause future resulted, in order of current management expectations include materially to vary, but are not limited too, general economic situation, changes in interest rate, deposit of rivers, material estate VALUES and competition, changes in the balance principles, political guidelines or guidelines, changes in the economic, competitive, government -, regulating and technological factors of the legislation or the regulation and the other, die enterprises, die price calculation, die products and die services the gold state Business bank to affect. Gold state Business Bank is four year old community bank counties Orange with addresses in San the Bernardino and in the southern California. To additional information contact Ralph Wiita at (909) 981-8000. SOURCE GOLD STATE Business Bank copyright  © photo receptor 2008 Newswire. All rights reserve

Filed under: business news |