Multi-Bank Securities' Coastal Expansion

DETROIT - February 23, 2005 - Multi-Bank Securities, Inc., (MBS), is increasing it's westward presence by opening an office today in Costa Mesa, California. This expansion validates our commitment to better serve our west coast client base, and will serve to open new avenues in the institutional fixed income investment sectors.

Multi-Bank Securities, Inc., (MBS), a member of NASD, SIPC, MSRB, is an institutional fixed income securities broker/dealer with offices in Pleasant Ridge, MI and Ft. Lauderdale, FL. They provide institutional customers throughout the US with a full array of service capabilities that include underwriting currently at two locations.

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