Paragon Shipping Inc. Announces Date for the Release of Second Quarter and Six Months Ended June 30, 2010 Results, Conference Call and Webcast
News Release
Paragon Shipping Inc.
August 6, 2010
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<DIV><B><FONT size=3 face=Arial-BoldMT><FONT size=3 face=Arial-BoldMT>
<P align=left>Earnings Release: Monday, August 9, 2010, After Market Close</P>
<P align=left>Conference Call and Webcast: Tuesday, August 10, 2010, at 12:00
noon EDT</P>
<P align=left>August 3, 2010 – Athens, Greece </B></FONT></FONT><FONT size=3
face=ArialMT><FONT size=3 face=ArialMT>– Paragon Shipping Inc. (NYSE: PRGN), a
global shipping</P>
<P align=left>transportation company specializing in drybulk cargoes, announced
today that it will release its</P>
<P align=left>results for the second quarter and six months ended June 30, 2010,
after the market closes in</P>
<P align=left>New York on Monday, August 9, 2010. Paragon’s management team will
host a conference call</P>
<P align=left>to discuss the Company's financial results on Tuesday, August 10,
2010, at 12:00 noon (EDT).</P></FONT></FONT><B><FONT size=3
face=Arial-BoldMT><FONT size=3 face=Arial-BoldMT>
<P align=left>Conference Call details:</P></B></FONT></FONT><FONT size=3
face=ArialMT><FONT size=3 face=ArialMT>
<P align=left>Participants should dial into the call 10 minutes before the
scheduled time using the following</P>
<P align=left>numbers: 1(866) 819-7111 (from the USA), 0(800) 953-0329 (from the
UK),+(44) (0) 1452 542</P>
<P align=left>301 (from outside the US) or 0080 044 131 378 (from Greece).
Please quote "Paragon."</P>
<P align=left>A replay of the conference call will be available until August 17,
2010. The United States replay</P>
<P align=left>number is 1(866) 247-4222; from the UK 0(800) 953-1533; the
standard international replay</P>
<P align=left>number is (+44) (0) 1452 550 000 and the access code required for
the replay is: 55939564#.</P></FONT></FONT><B><FONT size=3
face=Arial-BoldMT><FONT size=3 face=Arial-BoldMT>
<P align=left>Slides and audio webcast:</P></B></FONT></FONT><FONT size=3
face=ArialMT><FONT size=3 face=ArialMT>
<P align=left>There will also be a simultaneous live webcast over the Internet,
through the Paragon Shipping</P>
<P align=left>website (www.paragonship.com). Participants to the live webcast
should register on the website</P>
<P>approximately 10 minutes prior to the start of the
webcast.</P></FONT></FONT></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.18928"></HEAD>
<BODY>
<DIV><B><FONT size=3 face=Arial-BoldMT><FONT size=3 face=Arial-BoldMT>
<P align=left>Earnings Release: Monday, August 9, 2010, After Market Close</P>
<P align=left>Conference Call and Webcast: Tuesday, August 10, 2010, at 12:00
noon EDT</P>
<P align=left>August 3, 2010 – Athens, Greece </B></FONT></FONT><FONT size=3
face=ArialMT><FONT size=3 face=ArialMT>– Paragon Shipping Inc. (NYSE: PRGN), a
global shipping</P>
<P align=left>transportation company specializing in drybulk cargoes, announced
today that it will release its</P>
<P align=left>results for the second quarter and six months ended June 30, 2010,
after the market closes in</P>
<P align=left>New York on Monday, August 9, 2010. Paragon’s management team will
host a conference call</P>
<P align=left>to discuss the Company's financial results on Tuesday, August 10,
2010, at 12:00 noon (EDT).</P></FONT></FONT><B><FONT size=3
face=Arial-BoldMT><FONT size=3 face=Arial-BoldMT>
<P align=left>Conference Call details:</P></B></FONT></FONT><FONT size=3
face=ArialMT><FONT size=3 face=ArialMT>
<P align=left>Participants should dial into the call 10 minutes before the
scheduled time using the following</P>
<P align=left>numbers: 1(866) 819-7111 (from the USA), 0(800) 953-0329 (from the
UK),+(44) (0) 1452 542</P>
<P align=left>301 (from outside the US) or 0080 044 131 378 (from Greece).
Please quote "Paragon."</P>
<P align=left>A replay of the conference call will be available until August 17,
2010. The United States replay</P>
<P align=left>number is 1(866) 247-4222; from the UK 0(800) 953-1533; the
standard international replay</P>
<P align=left>number is (+44) (0) 1452 550 000 and the access code required for
the replay is: 55939564#.</P></FONT></FONT><B><FONT size=3
face=Arial-BoldMT><FONT size=3 face=Arial-BoldMT>
<P align=left>Slides and audio webcast:</P></B></FONT></FONT><FONT size=3
face=ArialMT><FONT size=3 face=ArialMT>
<P align=left>There will also be a simultaneous live webcast over the Internet,
through the Paragon Shipping</P>
<P align=left>website (www.paragonship.com). Participants to the live webcast
should register on the website</P>
<P>approximately 10 minutes prior to the start of the
webcast.</P></FONT></FONT></DIV></BODY></HTML>