Winfield Financial Institutional Research Coverage to be Initiated by Investrend Research Analyst Gary Vassalotti


NEW YORK, Dec. 17, 2004 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate:

Winfield Financial Group Inc. (OTCBB:WFLD) has enrolled in the unique shareholder empowerment platform administered by Investrend Communications, Inc., a provider of financial intelligence programs.

Institutional research coverage will be initiated by Investrend Research analyst Gary Vassalotti, CFA. Investrend Research is located on the web at http://www.investrendresearch.com , and the analyst's qualifications are at http://www.investrend.com/articles/secondlevel.asp?level=238 .

Winfield's wholly-owned subsidiary Healthcare Business Services Groups, Inc. is a medical billing service provider. With operations in Rhode Island, California and Texas, HBSGI considers itself to be one of the fastest growing full service medical billing agencies in the United States.

HBSGI's traditional core competency is in medical billing services. The company has a successful fourteen-year track record of assisting various health care providers successfully enhance their billing function. HBSGI continues to increase relationships with physicians and medical specialty practices around the country.

HBSGI also owns and markets AutoMed Software, a medical service software suite, which streamlines and automates electronic medical billing services. It is the first in its class and the only automated full service product on the market. HBSGI is in the process of developing its first Surgical Center. The company will be a value-added developer and manager of high-quality surgery centers in each geographic market where it's medical billing business currently has operations.

The company's website is at http://www.thenewhbsgi.com.

An InvestorPower(tm) page has been created regarding the company at http://www.investrend.com/company/list.asp?sPathParam=yes.

Gary Vassalotti has his own equity analysis and portfolio management practice. He previously worked with First American Bank, NA, First Union National Bank, and Montag Management, and has an overall interest in global markets. Mr. Vassalotti is a member of the North Carolina Society of Financial Analysts, the AIMR, and the North Carolina Investment Advisors Association (and was a former board member). Mr. Vassalotti has a B.S. in Finance with an emphasis in Economics from The Pennsylvania State University. He is completing his CFA.

Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 70 qualified professional analysts posting more than 700 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the Institutional research platform are $29,800, which has been paid by the company. Analysts are paid in advance for their initial reports by Investrend Research to limit or eliminate pecuniary interests, and no one associated with the program may own or trade in the equities of companies under coverage.

Anyone interested in receiving alerts regarding Winfield Financial research or webcasts should e-mail contact@investrend.com with "WFLD" in the subject line, or click on http://www.investrend.com/contact.asp.


            

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