Team Financial (TFIN) To Explore Strategic Alternatives

June 16, 2008 4:08 PM EDT

Team Financial, Inc. (Nasdaq: TFIN) is pleased to announce that its Board has taken action to create a Strategic Planning Committee comprised exclusively of independent directors which will be chaired by Connie Hart, an independent director who acquired extensive experience in bank holding company matters during her seven of years of service with the Federal Reserve Bank Kansas City Regional Office. The Strategic Planning Committee will explore all strategic alternatives to maximize and improve shareholder value of the Company, including capital raising alternatives, strategic acquisitions, and mergers of the Company. In addition the Committee will lead the Company's selection of an investment banker and host a series of presentations from various firms scheduled to begin this week.


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