News: IVG Corp. Featured on Alexander Haig's World Business Review TV Series;
Discusses E-Commerce Development
HOUSTON, March 14 /PRNewswire/ -- IVG Corp. (OTC Bulletin Board: IVGG) is
proud to announce the appearance of Elorian Landers, president and CEO of
IVG Corp., on Alexander Haig's World Business Review. Landers joins host
Alexander Haig and industry expert Harris Miller, president of the Information
Technology Association of America, for a discussion on "E-Commerce
Development." The program airs March 17 - March 22, 2001, on U.S. public
television stations, including those in such major markets as New York,
Chicago, San Francisco and Miami.
"IVG Corp. was selected to appear on the program because of its unique
strategy to acquire, develop, support and wean some of the most promising
revenue-generating companies in a variety of industries," said J.L. Haber,
Esq. the show's coordinating producer. He continued, "IVG Corp. then assists
its portfolio companies in leveraging their core businesses by providing
access to e-commerce enabling technologies, Internet management, financial
guidance, business model creation and implementation, and equity sources."
Landers appears on World Business Review to discuss the companies
presently under IVG Corp.'s umbrella and the forms of support that it provides
to these companies, as well as other activities in which the company is
presently engaged including pending acquisitions.
"IVG Corp. recognizes the value of maintaining and supporting the existing
talent of its portfolio companies, and takes appropriate measures to support
rather than overhaul them," says Landers.
One of the several companies soon to be under the IVG Corp. umbrella is
SES-Corp., Inc., a professional employer organization (PEO) that provides
human resources services to small and medium enterprises. Dennis Lambka, CEO
of SES, appears in a World Business Review field report, and says the company
has only penetrated two-and-a-half percent of its target market. "The IVG
Corp. people were a godsend for us. They know the capital markets, they know
who to call, and they know where to spend their resources to get the best
overall financial picture for us," he says.
IVG Corp. also owns approximately 30% of CyberCoupons.com, Inc., a virtual
coupons company, and approximately 88% of Swan Magnetics, Inc., an R&D company
involved in developing next-generation digital video recording devices.
Taped in Washington, D.C., World Business Review can also be viewed on
PBS, The Business & Technology Network, TWA, United Airlines, via webcast on
BTNNTV.com (Business & Technology News Network), or through video on demand
via Yahoo!Broadcast or AENTV.com. WBR, a continuing education series, is
being used in a variety of business and technology courses or within the
Business School libraries at Carnegie Mellon University, University of Notre
Dame, Dartmouth College, Duke University, DePaul University, Georgetown
University, University of Florida, City University of Hong Kong, among other
distinguished institutions of higher education.
Forward inquiries regarding this program to Richard Twardowski, IVG Corp.,
at (713) 596-9308, visit www.ivgcorp.com or contact World Business Review, at
info@wbrtv.com.
IVG Corp., is a Houston-based holding and development company that
acquires promising revenue-generating 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 (713) 596-9313.
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
713-596-9308
richard@ivgcorp.com
SOURCE IVG Corp. |
