Patriot Risk Management & Inter-Atlantic Financial to Present at 2009 Rodman & Renshaw Annual Global Investment Conference; P...

Patriot Risk Management, Inc. (Patriot), a rapidly growing Business Process Outsourcing (BPO) firm specializing in insurance servicing, risk management and workers’ compensation insurance, announced today that it will present at the 2009 Rodman & Renshaw Global Investment Conference in New York on Wednesday September 9. The company is scheduled to present at 4:55 p.m. EDT. The purpose of this presentation is to discuss the planned merger with Special Purpose Acquisition Company Inter-Atlantic Financial, Inc. (NYSE Amex: IAN). Michael Grandstaff, CFO of Patriot, and Andrew Lerner, CEO of Inter-Atlantic Financial, will conduct the presentation.

Patriot also announced that it will be hosting a conference call at 1:00 p.m. EDT on Tuesday September 15 open to all investors. Steven Mariano, CEO of Patriot, will be conducting the call. The conference call can be accessed by dialing 1-888-453-4221 and using the access code 919399. A shareholder vote and closing is expected prior to October 9, 2009.

About Patriot Risk Management, Inc.

Patriot Risk Management, Inc. (Patriot) produces, underwrites and administers alternative market and traditional workers’ compensation insurance plans and provides claims services for insurance companies, segregated cell captives and reinsurers. Through its subsidiaries, PRS Group, Inc. and Patriot Underwriters, Inc., Patriot provides workers’ compensation insurance services, including marketing, underwriting, policy and claims administration, captive management and nurse case management and cost containment services. Through its subsidiary, Guarantee Insurance Company, Patriot provides alternative market risk transfer solutions and traditional workers’ compensation insurance plans for employers. For further information, please visit www.prmigroup.com.

About Inter-Atlantic Financial, Inc.

Inter-Atlantic Financial (NYSE Amex: IAN) is a special purpose acquisition company formed for the purpose of acquiring, through a merger, a capital stock exchange, asset acquisition, stock purchase or other similar business combination, an operating business in the financial services industry. The management of Inter-Atlantic has invested in 19 growth-oriented financial services companies since 2001. As a special purpose acquisition company, Inter-Atlantic is scheduled to dissolve and liquidate if it does not complete a business combination transaction by October 9, 2009. For further information on Inter-Atlantic Financial, please go to http://www.interatlanticfinancial.com/.

SEC Legends

Inter-Atlantic Financial, Inc. (IAN) is filing with the Securities and Exchange Commission (“SEC”) all applicable documents including a preliminary proxy statement, and will mail a definitive proxy statement and other relevant documents to IAN stockholders. A copy of these filings will be available when filed on the SEC website (http://www.sec.gov), and may also be found on the Inter-Atlantic Financial website at http://www.interatlanticfinancial.com/.

IAN and Patriot and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies for the special meeting of IAN’s stockholders to be held to approve the proposed business combination. IAN stockholders and other interested persons are urged to read IAN’s preliminary proxy statement and definitive proxy statement, when available, in connection with IAN’s solicitation of proxies for the special meeting because these proxy statements will contain important information. Such persons can also read IAN’s final prospectus, dated October 2, 2007, its annual report on Form 10-K for the fiscal year ended December 31, 2008 and other reports as filed with the SEC for a description of the security holdings of IAN’s officers and directors and their respective interests in the successful consummation of this business combination. The preliminary proxy statement and definitive proxy statement of IAN will contain information with respect to the officers and directors of Patriot. The definitive proxy statement of IAN will be mailed to stockholders as of a record date to be established for voting on the proposed business combination. Stockholders will also be able to obtain a copy of the definitive proxy statement, without charge, by directing a request to IAN at: 400 Madison Avenue, New York, NY 10017. The preliminary proxy statement and definitive proxy statement, once available, and the final prospectus and other filings of IAN can also be obtained, without charge, at the SEC website (http://www.sec.gov).

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which the offer, solicitation or sale of securities would be unlawful and may not be offered or sold within the United States in the absence of registration or an applicable exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), and applicable state securities laws. Any offers, solicitations of offers to buy, or any sales of securities will only be made in accordance with the registration requirements of the Securities Act or an exemption therefrom. This announcement is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

Forward-Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined by the United States Private Securities Litigation Reform Act of 1995. This press release may contain certain forward-looking statements including statements with regard to the future performance of IAN and Patriot. Words such as “believes,” “expects,” “projects,” "will" and “future” or similar expressions are intended to identify forward-looking statements. Any such forward-looking statements contained herein are based on current expectations, but these forward-looking statements inherently involve certain risks and uncertainties that may cause actual results to differ materially from expectations such as material adverse events affecting IAN and Patriot, the ability of IAN to complete a business combination and those other risks and uncertainties that are detailed in the IAN’s Prospectus and other filings with the SEC. IAN undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.