Hanmi Exploring Strategic Options
LOS ANGELES, Jan. 9, 2013 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation
(Nasdaq:HAFC) ("Hanmi"), the holding company for Hanmi Bank, today announced
that it has retained DelMorgan & Co. as its financial advisor, and that Hanmi
has been engaged and intends to continue to engage in substantive discussions
with certain strategic banks and bank holding companies regarding a possible
business combination, merger-of-equals or sale transaction. No definitive
terms or agreement have been reached at this time and there can be no
assurance that any definitive terms will be agreed to or that any definitive
agreement will be entered into.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION
This document contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking statements
are typically identified by words or phrases such as "may," "will,"
"anticipate," "estimate," "expect," "project," "intend," "plan," "believe,"
"target," "forecast," and other words and terms of similar meaning.
Forward-looking statements involve estimates, expectations, projections,
goals, forecasts, assumptions, risks and uncertainties. Hanmi Financial
Corporation cautions readers that any forward-looking statement is not a
guarantee of future performance and that actual results could differ
materially from those contained in the forward-looking statement. Such
forward-looking statements include, but are not limited to, statements about
the outcome of discussions with any strategic bank or bank holding company
regarding a possible business combination, merger-of-equals or sale
transaction; whether any definitive terms will be agreed to or that any
definitive agreement will be entered into; and other statements that are not
historical facts. Important factors that could cause actual results to differ
materially from those indicated by such forward-looking statements include
risks and uncertainties relating to: disruption from the announcement of
discussions making it more difficult to maintain relationships with customers,
employees or suppliers; the diversion of management time on such discussions;
general worldwide economic conditions and related uncertainties; and other
factors we discuss or refer to in the "Risk Factors" section of our most
recent Annual Report on Form 10-K filed with the Securities and Exchange
Commission ("SEC"). Additional risks and uncertainties are identified and
discussed in Hanmi Financial Corporation's reports filed with the SEC and
available at the SEC's website at www.sec.gov. Each forward-looking statement
speaks only as of the date of the particular statement and Hanmi Financial
Corporation does not undertake any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise.
About Hanmi Financial Corporation
Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi
Financial Corporation, provides services to the multi-ethnic communities of
California, with 27 full-service offices in Los Angeles, Orange, San
Bernardino, San Francisco, Santa Clara and San Diego counties, and a loan
production office in Washington State.Hanmi Bank specializes in commercial,
SBA and trade finance lending, and is a recognized community leader.Hanmi
Bank's mission is to provide a full range of quality products and premier
services to its customers and to maximize stockholder value.Additional
information is available at www.hanmi.com.
CONTACT: Hanmi Financial Corporation
Vice President & Corporate Strategy Officer
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