First Sound Bank is in the StockGuru Spotlight for July 9, 2010

First Sound Bank is in the StockGuru Spotlight for July 9, 2010

DALLAS, TEXAS : StockGuru announces that First Sound Bank (OTCBB: FSWA) is in the StockGuru Spotlight.   First Sound Bank is a state-chartered commercial bank founded by a team of local business executives and headquartered in Seattle, Washington. The bank serves the Puget Sound Region from its full-service branch in downtown Seattle.  In March 2008, First Sound Bank purchased Puget Sound Leasing, a locally owned company that specializes in providing and servicing commercial equipment lease financing for transactions from $5,000 to $250,000.

On Thursday, the compay put out news announcing that by June 30, 2010 it had raised, through a private placement, just over $3.2 million of capital at a price of $0.10 per share.  The maximum offering of $6.0 million has been extended to July 30, 2010 or to an earlier date at the bank’s sole discretion.  The common stock is being sold by the bank’s officers and directors to accredited investors only.  The foregoing description of the private offering is qualified in its entirety by reference to First Sound Bank’s Notice to Shareholders dated July 6, 2010, a copy of which is included at the end of this news release.

Shares for First Sound Bank (OTCBB: FSWA) were steady during the day of trading on Thursday and closed with no change at closing.

To view our StockGuru Spotlight on First Sound Bank (OTCBB: FSWA), please visit:

http://www.stockguru.com

What is the StockGuru Spotlight?

The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight.  If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.

If you think a company should be featued in the StockGuru Spotlight, please let us know. If you are a key person for a publicly traded company, we can consider your company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact our Publisher John Pentony at the john@stockguru.com.  You may also telephone John Pentony at (469) 252-3031.

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