iMergent
Announces Approval to Trade on American Stock Exchange
[August 10, 2004]
OREM,
Utah, Aug 10, 2004 (BUSINESS WIRE) -- iMergent, Inc.
(IMGG), a leading provider of eCommerce and software
for small business and entrepreneurs, announced its
stock has been approved to trade on the American Stock
Exchange and will commence trading in the next few days.
The approval is contingent upon the
company being in compliance with all applicable listing
standards on the date it begins trading on the exchange
and may be rescinded if the company is not in compliance
with such standards. At this time, the company is in
compliance with the American Stock Exchange listing
requirements and expects to continue to be.
About iMergent
iMergent provides eCommerce solutions
to entrepreneurs and small businesses enabling them
to market and sell their business product or idea via
the Internet. Headquartered in Orem, Utah, the company
sells its proprietary StoresOnline software and training
services, helping users build a successful Internet
strategy to market products, accept online orders, analyze
marketing performance, and manage pricing and customers.
In addition to software, iMergent offers site development,
web hosting, marketing and mentoring products. iMergent
typically reaches its target audience through a concentrated
direct marketing effort to fill Preview Sessions, in
which a StoresOnline expert reviews the product opportunities
and costs. These sessions lead to a follow-up Workshop
Conference, where product and technology experts train
potential users on the software and encourage them to
make purchases.
iMergent, Inc. and StoresOnline are
trademarks of iMergent, Inc.
Statements made in this press release
that are not historical in nature constitute forward-looking
statements within the meaning of the Safe Harbor Provision
of the Private Securities Litigation Reform Act of 1995.
Such statements are based on the current expectations
and beliefs of the management of iMergent and are subject
to a number of factors and uncertainties that could
cause actual results to differ materially from those
described in the forward-looking statements. Such risks
and uncertainties include, without limitation, the Company's
continued ability to increase revenue; continue to increase
earnings; continue to expand business internationally;
continue to increase the number of workshops; continue
to decrease bad debt expense; continue to maintain/increase
training events; the success of the MIT relationship;
the continued ability to use loans to increase liquidity
and capital resources; the continued acceptance of new
customer services practices; the Company's ability to
attract and retain key management and other personnel.
For a more detailed discussion of factors that affect
iMergent's operating results, please refer to its SEC
reports including its most recent Form 10-K and Form
10-Q. The Company undertakes no obligation to update
this forward-looking information.
SOURCE: iMergent, Inc.
iMergent, Inc.
Don Danks, 801-431-4695
investor_relations@imergentinc.com
or
Lippert/Heilshorn & Associates
Brendan Lahiff & Kirsten Chapman, 415-433-3777
Brendan@lhai-sf.com |
