FORT LAUDERDALE, Fla., Aug. 19, 2009 (GLOBE NEWSWIRE) -- Gulfstream International Group, Inc. (the "Company") (NYSE Amex:GIA) today announced it has retained Strategic Growth International, Inc. ("SGI"), to perform certain U.S. and international investor relations functions to increase awareness of Gulfstream International Group, Inc. in the investment community.
According to Mr. David Hackett, CEO of Gulfstream International Group, Inc., "We chose Strategic Growth because of their proven track record of assisting companies in increasing investor awareness. We welcome their assistance in our efforts to enhance value for shareholders."
About Gulfstream International Group, Inc.
Gulfstream International Airlines is a profitable regional air carrier based in Fort Lauderdale, Florida with 20 years operating experience. The Company specializes in providing travelers access to niche locations not typically covered by major carriers including: Bahamas, intra-Florida, Cuba, and the Cleveland area. With 150+ daily flights to second-tier routes in 21 cities, Gulfstream's fleet of 19-seat planes, unique in-house technology platform, and marketing team makes the Company the dominant player in their space. Furthermore, the continuing retrenchment of other airlines to their hubs provides several additional lucrative city-to-city routes that would be otherwise unprofitable for other carriers. For more information on the company, visit the company's website at http://www.gulfstreamair.com.
About Strategic Growth International Inc.
Founded in 1989, SGI is headed by Stanley Altschuler and Richard Cooper, two long-time and highly respected Wall Street veterans, who have assembled an experienced team of investment/financial professionals to serve their clients. Since its inception in 1989, Strategic Growth has achieved an unparalleled success for over a hundred clients. Leading this account for SGI is Stanley Altschuler, President and Jennifer Zimmons, Managing Director.
Special Note Regarding Forward-Looking Statements
In addition to historical information, this release contains forward-looking statements. Gulfstream may, from time-to-time, make written or oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things: its business strategy; its value proposition; the market opportunity for its services, including expected demand for its services; information regarding the replacement, deployment, acquisition and financing of certain numbers and types of aircraft, and projected expenses associated therewith; costs of compliance with FAA regulations, Department of Homeland Security regulations and other rules and acts of Congress; the ability to pass taxes, fuel costs, inflation, and various expenses to its customers; certain projected financial obligations; estimates regarding capital requirements; and any other plans, objectives, expectations and intentions contained in this release that are not historical facts.
These statements, in addition to statements made in conjunction with the words "expect," "anticipate," "intend," "plan," "believe," "seek," "estimate" and similar expressions, are forward-looking statements. These statements relate to future events or future financial performance and only reflect management's expectations and estimates. All forward-looking statements included in this release are made as of the date hereof and are based on information available to Gulfstream as of such date. The following is a list of factors, among others, that could cause actual results to differ materially from the forward-looking statements: changes to external competitive, business, budgeting, fuel cost or supply, weather or economic conditions; changes in its relationships with employees or code share partners; availability and cost of funds for financing new aircraft and the ability to profitably manage its existing fleet; adverse reaction and publicity that might result from any accidents; the impact of current or future laws and government investigations and regulations affecting the airline industry and its operations; additional terrorist attacks; and consumer unwillingness to incur greater costs for flights.
Gulfstream assumes no obligation to update any forward-looking statement. Risk factors, cautionary statements and other conditions which could cause actual results to differ from management's current expectations are contained in Gulfstream's filings with the Securities and Exchange Commission, including Part I, Item 1A, "Risk Factors," of its Annual Report on Form 10-K for the Year Ended December 31, 2008.