WASHINGTON, Va.--(BUSINESS WIRE)--Belmont Partners is proud to announce that we have completed 21 transactions in the first six months of 2009.

“Though some firms have chosen to exit the shell business in these difficult economic times, Belmont Partners has had unprecedented success and remains a stable resource for its clients,” said Joseph Meuse, Managing Director of Belmont Partners. “With the launch of our payment over time program and the efforts of our Shanghai office, our business has been stronger than ever.”

“From a price standpoint our industry saw the bottom of the shell market in late 2008 and early 2009. However, over the past 60 days we have seen a slow but steady increase in both activity and price. I expect this upward trend to continue for the remainder of 2009 and accelerate into 2010.”

Belmont Partners, with offices in suburban Washington DC and Shanghai, is a leading provider of public shell companies.

For more information on Belmont Partners, please visit our website, www.belmontpartners.net.