IVGG 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. |
