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Thursday, 01/05/2006 8:06:06 PM

Thursday, January 05, 2006 8:06:06 PM

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News...


Phoenix Announces Vice President of Operations
Jan 5, 2006 2:15:00 PM
COVINGTON, LA -- (MARKET WIRE) -- 01/05/06 -- Phoenix & Associates Land Syndicate (OTC: PBLS) is pleased to announce the appointment of DENNIS J KOWALSKI to the position of VICE PRESIDENT - OPERATIONS, effective January 1st 2006; Mr. Kowalski will be responsible for the day to day affairs of all operating decisions within the Phoenix organization, including financial matters. Mr. Kowalski will report directly to Mr. Paul Alonzo, CEO.

Mr. Kowalski has provided consulting services to the Phoenix companies in the past.

Also, the independent CPA firm of Mira & Kolena, Ltd has been retained to partner with Phoenix in completing the audit of consolidated financial statements. The Mira firm will also provide full audit and tax services in conjunction with Phoenix's efforts to move to full reporting status with the SEC.

Contact:
Michael A. Muashine
Osprey Partners
732-233-3853


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