Paragon Shipping Inc. to Present At the 2008 Stephens Inc. Fall Investment Conference


ATHENS, Greece, Nov. 11, 2008 (GLOBE NEWSWIRE) -- Paragon Shipping Inc. (Nasdaq:PRGN), a global shipping transportation company specializing in drybulk cargoes, announced today that Christopher Thomas, its Chief Financial Officer, will be presenting at the 2008 Stephens Inc. Fall Investment Conference on Tuesday, November 18, 2008 at 2:00 P.M. Eastern Time.

A live audio webcast and accompanying slide presentation will be available on the Paragon Shipping website at www.paragonship.com. Please allow 15 minutes prior to the presentation to visit the site and download and install any necessary audio software. The webcast will be archived on this site for 90 days.

About Paragon Shipping Inc.

Paragon Shipping Inc. is an Athens, Greece-based international shipping company specializing in the transportation of drybulk cargoes. The Company's current fleet consists of twelve vessels with a total carrying capacity of 765,137 dwt. For further information, please visit the Company's website at www.paragonship.com.


            

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