James Monroe Capital Corp (JMON)

[Martin Murray]

JMCP News:

James Monroe Capital Corp. Appoints Directors to Have a Complete Management Team

Thursday , April 19, 2007 12:56 ET

KILLEEN, Texas, Apr 19, 2007 (BUSINESS WIRE) -- James Monroe Capital Corp. (PINK SHEETS:JMCP):

James Monroe Capital Corp. President Frank Love, states, "We have appointed Directors to form our management team. Heading up this management team is Chief Financial Officer Anthony (Tony) Gouveia, followed by Secretary-Treasurer Alex Desousa and Chief Operations Officer Kamran Khan."

Kamran Khan is a well-known businessman and athlete in the USA and around the world. In 1971 Kamran Khan came to the U.S. to continue his higher education. In 1972 he earned his Masters Degree in International Relations from Villanova University, and immediately was offered a position in International Banking at Fidelity International Bank, where he worked for several years before starting his own businesses. In recognition of his outstanding abilities for building and running successful businesses, he was elected the President of Bryn Mawr Business Association.

Besides his tremendous success as a businessman, Kamran Khan has a remarkable history as an athlete. He has the distinct honor of representing the United States National Cricket Team for 20 years as Captain and Co-Captain. His personal cricket achievements account to over 100 trophies, including All-World honors, Man of the Match, Best Bat, Best Bowling, 4 ICC trophies, and a Hall of Fame in 2000.

He was the President of the United States Cricket Association for two years. As a president of the USA Cricket Association, Mr. Khan developed, coordinated and promoted a wide spectrum of activities and projects for the betterment of cricket in America.

In 1972 Kamran Khan became the Head Cricket Coach at Haverford College, where cricket has been played for over 150 years, and continues to coach cricket at this premier institution for 35 years, maintaining the college's historic tradition in the sport.

Mr. Desousa has 12 years of Accounting, Auditing and Finance and 7 years of Database Management consulting, Credit and Risk Management, Financial Analyst, Business Analysis and Project Management. Most of the consulting work has been for well-known companies such as Verdi-Rock Real Estate Development, Rogers and AT&T, Manulife Insurance (Hancock), Direct Energy (Energy America in Georgia and Power Republic in Texas) Hewlett Packard, Canadian Imperial Bank of Commerce, TD Securities (TD Waterhouse), RBC for offshore investments (Bahamas, Cayman, Barbados, Miami and Singapore) and AutoDesk Software Development.

Mr. Desousa has a well-diversified experience in several industries from his accounting and auditing in the early nineties to his present position as business analyst and project manager.

Mr. Desousa has great knowledge of experience in the area of property management, real estate development, energy, mutual fund management, logistics, insurance and banking, software development and software consulting.

This press release does not constitute an offer of any securities for sale. This press release contains certain 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. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

SOURCE: James Monroe Capital Corp.

James Monroe Capital Corp., Killeen
Frank Love, 254-458-0473
http://www.jamesmonroecapital.com/

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