Premier Mortgage Resources, Inc. (OTC:PMRS) is pleased to announce that Auto "V" Grooving, Inc., a world leader in the manufacture of high precision fabrication machinery, will open a fabrication business unit (FBU) in New Orleans. The New Orleans operation will be one of the first of 12 FBUs that Auto �V� plans to launch in strategically placed locations throughout the United States in the next 36 months. It will serve the wood, solid surface and stone fabricating industries that are integral to the thriving New Orleans construction industry. �We are very excited that one of our first FBUs will be in New Orleans,� exclaims Steven Brown, Chief Executive Officer of Auto �V�. �Since our primary goal for the FBUs is for them to have a positive impact on the economic development of the areas in which they operate, we can not think of a more ideal location for our first facility,� he says. �We believe it will provide a huge boon to the already thriving construction industry there. It is for these reasons that we are excited and looking forward to being acquired by Premier and proceeding with the establishment of these fabricating centers.� �Obviously, we are convinced that having a major presence in that area will greatly benefit Auto 'V' as well,� Brown asserts. �The city and surrounding region are experiencing an exciting re-birth as a business destination following the devastation of Katrina,� he declares, citing the city�s recent designation by Inc. Magazine as one of its �Top 25 Cities for Doing Business in America.� �Of course, the success of the Saints has helped further amplify the city�s comeback,� adds Brown. �I really do believe that they have become �America�s Team� this season.� Safe Harbor -- This press release includes forward-looking statements that involve risks and uncertainties, including, but not limited to, product delivery, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Premier Mortgage Resources, Inc.'s future results, please contact the Company directly. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management expectations.
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