ITVI - Still hearing end of the month.
Wednesday March 7, 5:15 am Eastern Time
Press Release
SOURCE: IVGCorp
IVGCorp Completes Strategic Name Change
HOUSTON, March 7 /PRNewswire/ -- IVGCorp (OTC Bulletin Board: ITVI - news; www.IVGCorp.com) today announced that it has completed its previously announced formal name change from Internet Venture Group, Inc. to IVGCorp.
Elorian Landers, President of IVGCorp, stated, ``Our new name, IVGCorp, reaffirms that our strategic focus extends beyond the Internet. Additionally, it complements our efforts to create a single brand for our acquired companies, regardless of the nature of their business.''
IVGCorp common stock will continue to trade on the OTC Bulletin Board under the symbol ITVI. However, as a result of the name change, the Company's common stock has been assigned the new CUSIP number 45071A106 effective February 28, 2001. Shareholders of record as of March 8, 2001 are required to submit their old stock certificates in exchange for new certificates reflecting the Company's new name and new CUSIP number. Computershare Trust Company, Inc., the Company's transfer agent, will notify these shareholders by mail of the specific procedure for exchanging their certificates.
IVGCorp, is a Houston-based human resource and technology company that acquires promising revenue-generating companies and assists them by providing financial guidance, business model creation and implementation, access to equity resources, and technology. For more information on the IVGCorp, visit www.IVGCorp.com, or contact Richard Twardowski at 713-596-9313.
Safe Harbor Statement: This press release includes forward-looking statements, including statements relating to the business strategy of IVGCorp. These statements are made under the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include, among others: risks relating to the ability of IVGCorp management to successfully accomplish fund raising activities, the ability to achieve or sustain profitability; limited operating history; possible financing needs; risks associated with identifying and completing acquisitions; risks associated with the integration of acquired technologies, operations and personnel; risks of being deemed an investment company; exposure to unforeseen liabilities of acquired companies; the requirement to record additional future operating costs for the amortization of goodwill and other intangible assets, which amounts could be significant; business conditions in the e-commerce and Internet generally; the impact of market competitors and their product and service offerings; and the economic, competitive, governmental, technological and other factors identified in IVGCorp's filings with the Securities and Exchange Commission. These factors are described in further detail in IVGCorp's filings with the Securities and Exchange Commission, available online at freeedgar.com
Contact: Richard Twardowski
Investor Relations
713-596-9308
Richard@ivgcorp.com
SOURCE: IVGCorp |
