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PARAGON SHIPPING INC. ANNOUNCES DATE FOR THE RELEASE OF FOURTH QUARTER AND FULL YEAR 2009 RESULTS, CONFERENCE CALL AND WEBCAST

Posted on Wednesday, February 10 2010
Earnings Release: Monday, February 22, 2010, After Market Close
Conference Call and Webcast: Tuesday, February 23, 2010, at 10:00a.m. EST
  February 9, 2010 - Athens, Greece - Paragon Shipping Inc. (NASDAQ: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced today that it will release its results for the fourth quarter and full year ending December 31, 2009, after the market closes in New York on Monday, February 22, 2010. Paragon's management team will host a conference call to discuss the Company's financial results on Tuesday, February 23, 2010, at 10:00 a.m. Eastern Standard Time (EST).
Conference Call details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1(866) 819-7111 (from the US), 0(800) 953-0329 (from the UK) or +(44) (0) 1452 542 301 (from outside the US). Please quote "Paragon"
A replay of the conference call will be available until March 2, 2010. The United States replay number is 1(866) 247-4222; from the UK 0(800) 953-1533; the standard international replay number is (+44) (0) 1452 550 000 and the access code required for the replay is: 55939564#
Slides and audio webcast: There will also be a simultaneous live webcast over the Internet, through the Paragon Shipping website (www.paragonship.com ). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

A pdf version of the presentation is also available.

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