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Non-Tech : IGRP-Intervest Group

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To: pennyangel who started this subject7/31/2001 6:54:17 PM
From: pennyangel   of 1
 
Intervest Group Ltd. Debuts Website
JACKSON, Mich.--(BUSINESS WIRE)--July 31, 2001--Intervest Group Ltd. (symbol - IGRP) is pleased to announce the launch of its corporate website at www.intervestchina.com

For all its visitors, the website offers constantly updated information on Intervest's ``Joint Venture Philosophy,'' ``Corporate Strategy,'' and ``Joint Venture Portfolio.''

Visitors may also wish to log on to www.intervestchina.com to become more acquainted with Intervest's business strategy, and to learn how and who to contact for further information. Also available on the site is a link to www.pinksheets.com where shareholders and interested investors can view IGRP's current share price and recent news releases.

John Jones, the company's president and chief executive officer said, ``The launch of our corporate website at www.intervestchina.com allows our shareholders and potential shareholders to obtain more information regarding our aggressive growth strategy in China.''

Jones commented, ``With the 2008 Olympics being awarded to Bejing, we believe Intervest is well positioned to take advantage of the increased business exposure in China.''

About the Company

Intervest Group Ltd. is a direct investment company which engages in equity joint ventures with selected Chinese companies. Intervest identifies promising Chinese companies with proven market performance and exchanges capital assets for an ownership percentage and profit share.

For additional information, contact the company at 517/536-4832 or email:china@theriver.com

Statements contained in this release which are not historical facts may be considered ``forward-looking statements'' under the Private Securities Litigation Reform Act of 1995.

Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance.

Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.

--------------------------------------------------------------------------------
Contact:

Intervest Group Ltd.
John Jones, 517/536-4832
Steve Cole, 520/529-6700
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