(PR NEWSWIRE) ADGI Affiliate Announce New Client Agreements
ADGI Affiliate Announce New Client Agreements
HICKORY, N.C., May 11 /PRNewswire/ -- American Diversified Group Inc.
(OTC Bulletin Board: ADGI), announced today that its investor relations and
direct marketing fulfillment subsidiary, Capital Fulfillment Group Inc.
("CFG"), has signed service agreements with both First Eagle SoGen Funds and
Protek Healthcare in the 2nd quarter of 2000.
"We're very pleased with the progress we made during this quarter," said
Kevin Cody, President and General Partner. "We estimate that these two
accounts represent approximately $100,000 in management fees, with the
potential for additional revenue growth in 2001, based on each company's plan
for channel expansion.
Jerrold Hinton, President and CEO of ADGI, states "Our excitement about
Capital Fulfillment Group's Management Team is that while they're established
in the Mutual Fund and Financial Service Industry, they continue to expand the
reach of our organization, enabling us all to bring more comprehensive
solutions to the marketplace."
"We have attracted the attention of several companies that want us to work
with them in developing their distribution and marketing strategies," said Ric
McConkey, Managing Partner of CFG. "With an increasing numbers of companies
realizing the value of integrating their target marketing, channel
communication and sales support efforts; we believe our commitment to
providing best-of-class solutions and our investment in developing internet
solutions that are native to the web will leave us well-positioned to
capitalize on the many opportunities that lie ahead."
About First Eagle SoGen Funds
The adviser to First Eagle SoGen Funds (http://www.firsteaglesogen.com) is
Arnhold and S. Bleichroeder Advisers, Inc., a wholly-owned subsidiary of
Arnhold and S. Bleichroeder, Inc., a privately held New York-based asset
management firm that traces its heritage back nearly 200 years. Over the
course of its history, Arnhold and S. Bleichroeder, Inc. has gained
international prominence by providing financial advice and guidance to a
select group of clients -- affluent individuals, corporations and
institutions.
First Eagle SoGen's flexible, long-term approach to global investing has
resulted in a group of funds noted for their attempt to minimize risks. They
seek to provide our shareholders with competitive returns over the long term,
through both strong and difficult markets. As shareholders themselves, they
fully recognize the importance of achieving financial goals such as college
funding, retirement planning or building emergency reserves. This is at the
core of their cautious approach to global investing.
About Protek Health, Inc.
Protek Health (http://www.protekhealth.com) is a manufacturer of
disposable infection control products for the medical and dental workplace.
The company enjoys an international reputation for outstanding innovation and
service in the disposable protective field.
They are committed to producing high quality goods and providing excellent
customer service, our products are manufactured under stringent quality
controls and designed to provide maximum protection and safety in the work
environment, without compromising comfort and economic practicality.
Additionally, they private label, customize and contract for companies on a
global scale. Their goal is to provide exceptional bottom line protection
together with incomparable service for their customers.
About Capital Fulfillment Group
Capital Fulfillment (http://www.cfgweb.com) is a full service marketing
services provider that specializes in the development, implementation and
support of Internet based "business to business" solutions. Capital
Fulfillment's Management Team has extensive experience in the development and
implementation of Internet based business-to-business solutions, with a
concentration in the high technology and financial services industries. This
experience, together with the Internet's rapid evolution, presents a
significant opportunity for Capital Fulfillment to capitalize on their skills
and services in a "wide open" market place. The Company's programs and
services include deliverable Internet based Investor Relations and Marketing
Programs, Direct Marketing Fulfillment, Web development and design services.
About ADGI
ADGI is a fast growing group of business-to-business and business-to-
consumer companies both using and developing cutting edge technologies in
their Communication and Technology businesses. The companies that comprise the
ADGI network are majority-owned and are part of its Operating Group. ADGI
will continue to make strategic investments in synergistic and complementary
companies to create the powerful leverage opportunities that make ADGI unique.
ADGI is a fully reporting public company with all filings current with the
Securities and Exchange Commission.
American Diversified Group, Inc.
Executive Offices: 110 N. Center St., Suite 202, Hickory, NC 28601
Phone (828) 322-2044 Fax (828) 322-3798
Contact: Jerrold R. Hinton, Ph.D., President/CEO
e-mail: adgi@abts.net
Global Transmedia Communications Corporation, 444 Brickell Avenue
Suite 522, Miami, FL 33131
(305) 579-9922 (305) 579-9930 (fax)
Capital Fulfillment Group, LLC
100 Research Road, Hingham MA 02043
Contact: Ric McConkey, Managing Partner
(781)741-2727
e-mail : ricmcc@cfgweb.com
ADGI has agreed to acquire Capital Fulfillment Group, a direct marketing
and investor relations group. Capital Fulfillment Group will assist ADGI in
the development and distribution of press releases and public communication to
the general public. Any future consideration of the issuance of restricted
shares to Capital Fulfillment will be based upon the revenues of Capital
Fulfillment.
Certain statements in this release constitute forward-looking statements
or statements which may be deemed or construed to be forward-looking
statements within the meaning of the Private Placement Act of 1995. The words
"forecast," "project," "intend," "expect," "should," "would," and similar
expressions and all statements, which are not historical facts, are intended
to identify forward-looking statements. These forward-looking statements
involve and are subject to known and unknown risks, uncertainties and other
factors which could cause the Company's actual results, performance (finance
or operating) or achievements to differ from future results, performance
(financing and operating) or achievements expressed or implied by such
forward-looking statements. The above are more fully discussed in the
Company's SEC filings.
SOURCE American Diversified Group Inc.
-0- 05/11/2000
/CONTACT: Ric McConkey, Managing Partner of Capital Fulfillment Group,
LLC, 781-741-2727, or ricmcc@cfgweb.com; or Jerrold R. Hinton, Ph.D.,
President/CEO of American Diversified Group, Inc., 828-322-2044, or
adgi@abts.net/
/Web site: firsteaglesogen.com
/Web site: protekhealth.com
/Web site: cfgweb.com
(ADGI)
CO: American Diversified Group Inc.; First Eagle SoGen Funds; Protek Health,
Inc.; Capital Fulfillment Group
ST: North Carolina, New York
IN: FIN CPR
SU:
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