More News: Chief Financial Officer appointed.
NEWS Thursday March 22, 5:15 am Eastern Time
Press Release
SOURCE: IVG Corp.
IVG Corp. Names Patrick Walden CFO
HOUSTON, March 22 /PRNewswire/ -- IVG Corp. (OTC Bulletin Board: IVGG - news)
today announced that Patrick Walden has been named Chief Financial Officer of the
company.
From 1993 until he joined IVG Corp., Pat Walden was a co-founder, principal and
managing director of several companies in the mortgage banking, mortgage trading and
investment industries including Aegis Mortgage and Aegis Investment Trust. From 1983
to 1993, he held executive and financial management positions with First Gibraltar Bank
FSB and was an audit supervisory senior with Arthur Young & Company (predecessor to
Ernst & Young LLP) from 1979 to 1983. Mr. Walden became a certified public
accountant in 1986.
``Pat Walden is a valuable addition to the IVG Corp. team,'' commented Elorian Landers,
CEO of IVG Corp. ``Mr. Walden is adept in creating, negotiating and managing complex
financial transactions and is accomplished in directing all areas of corporate and
financial management. His expertise will help IVG Corp. effectively continue its strategy to
acquire, develop, and support promising revenue-generating companies.''
IVG Corp., is a Houston-based holding and development 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. IVG Corp. trades on the OTC Bulletin Board under the symbol IVGG. For
more information on IVG Corp., visit www.ivgcorp.com or contact Richard Twardowski at
(281) 295-8400.
Safe Harbor Statement: This press release includes forward-looking statements,
including statements relating to the business strategy of IVG Corp. 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 IVG Corp. 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 IVG Corp.'s filings with the Securities and Exchange Commission. These
factors are described in further detail in IVG Corp.'s filings with the Securities and
Exchange Commission, available online at freeedgar.com.
Contact: Richard Twardowski
Investor Relations
281-295-8400
richard@ivgcorp.com
SOURCE: IVG Corp. |
