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Microcap & Penny Stocks : IVGG (formerly IVTI) -- Ignore unavailable to you. Want to Upgrade?

To: livefromnewyork who wrote (19)	3/27/2001 11:08:13 AM
From: CIMA	Read Replies (1) \| Respond to of 56

Tuesday March 27, 5:15 am Eastern Time Press Release SOURCE: IVG Corp IVG Corp's GeeWhiz Division Achieved Significant Milestone By Producing StarGlas(TM) Mug for Coors Puerto Rico HOUSTON, March 27 /PRNewswire/ -- IVG Corp (OTC Bulletin Board: IVGG - news) today announced that its promotional products division, GeeWhiz, produced its patented StarGlas(TM) mug for Coors Puerto Rico in connection with the Justas Interuniversiarias 2001, a collegiate track and field event in its 40th year, held annually in Ponce, Puerto Rico. The GeeWhiz StarGlas(TM) mug features fiber-optic imaging technology which transmits colored light through the mug illuminating the client's imprinted image and producing a brilliant halo effect. Commenting on the transaction, GeeWhiz President Jim Drake, remarked, ``Our promotion with V. Suarz, the exclusive distributor for Coors Puerto Rico is a significant milestone for GeeWhiz because it represents one of our single largest orders from an internationally recognized brand name. We are pleased that Coors selected our StarGlas(TM) product and that we will have the opportunity to work with them on their Justas Interuniversiarias 2001 marketing campaign.'' GeeWhiz is a designer, manufacturer and distributor of ``fun stuff that lights up.'' Its parent company, IVG Corp, is a Houston-based human resource and technology holding company that acquires promising companies and assists them by providing financial guidance, business model creation and implementation, access to equity resources, and technology. IVG Corp. trades on the Nasdaq OTC under the symbol IVGG. For more information on the StarGlas(TM) mug, GeeWhiz, or 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 development, test marketing and deployment of GeeWhiz products, the potential of GeeWhiz to generate revenues and profits, and 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 development and marketing of GeeWhiz technology and any associated products or services; 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