Integrated Management Information (IMI Global) Closes $571,000 Private Placement of Common Stock
23 12월 2006 - 12:00AM
PR Newswire (US)
CASTLE ROCK, Colo., Dec. 22 /PRNewswire-FirstCall/ -- Integrated
Management Information, Inc. (IMI Global) (OTC:INMG) (BULLETIN
BOARD: INMG) , a leading provider of verification and Internet
solutions for the agricultural/livestock industry, today announced
it has closed a private placement in which it raised $571,000 in
exchange for 905,768 shares of common stock. John Saunders,
president and CEO of IMI Global, said proceeds from the private
placement would support the Company's growth initiatives. "This
additional capital was necessary to strengthen our balance sheet
and support growth initiatives that we'll be rolling out in 2007,"
Saunders said. "As indicated by our recent third quarter and
year-to-date results, IMI Global is on an aggressive growth path
driven by strong customer demand for our core verification and
Internet solutions. Our growth plans in 2007 call for enhancements
to our verification service offerings as well as introduction of
new revenue streams on the Internet side of the business. We are
optimistic about achieving strong year-over-year revenue growth in
2007 and building long-term value for our customers and
shareholders." About IMI Global Founded in 1995, IMI Global is a
leading provider of verification and Internet solutions for the
agricultural/livestock industry. Go to http://www.imiglobal.com/
for additional information. IMI has worked with some of the largest
agricultural organizations in the United States, providing
web-based applications for verification and identification as well
as a range of consulting services tailored to meet each customer's
needs. IMI operations include CattleNetwork.com, an online service
offering market information and industry news to the cattle
industry, and CattleStore.com, an online source for livestock
supplies, such as animal identification, medical equipment and
veterinarian supplies. Additional IMI web sites include
USVerified.com and AgNetwork.com. CAUTIONARY STATEMENT This news
release contains "forward-looking statements" within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995, based on
current expectations, estimates and projections that are subject to
risk. Forward- looking statements are inherently uncertain, and
actual events could differ materially from the Company's
predictions. Important factors that could cause actual events to
vary from predictions include those discussed in our SEC filings.
Specifically, statements in this news release about revenue growth,
introduction of new revenue streams, building value, the impact and
efficacy of, and demand for, the Company's products and services in
the marketplace, are forward-looking statements. Readers should not
place undue reliance on these forward-looking statements. The
Company assumes no obligation to update its forward-looking
statements to reflect new information or developments. For a more
extensive discussion of the Company's business, please refer to the
Company's SEC filings at http://www.sec.gov/. DATASOURCE:
Integrated Management Information, Inc. CONTACT: John Saunders,
Chief Executive Officer of Integrated Management Information, Inc.,
+1-303-895-3002; or Jay Pfeiffer of Pfeiffer High Investor
Relations, Inc., +1-303-393-7044, for Integrated Management
Information, Inc. Web site: http://www.imiglobal.com/
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