NEW YORK, Jan. 27, 2005 (PRIMEZONE) -- InterAge Ltd. (Pink Sheets:ITGJ), a leading provider of integrated web marketing solutions, announced today that it won a bid for participating in the establishment of a web-based system for dealing with Tsunami victims. The total value of this United Nations funded project is estimated at $22 million, of which InterAge is positioned to receive over $16 million.
As the death toll of the Tsunami reaches incomprehensible numbers, large international aid organizations are looking for ways to help those who survived and the victims' families. One such initiative will be the establishment of the web-based information management system that InterAge was awarded to oversee.
This project will include the use of various forms of media, including text, voice, photographs and video. The objective is to provide optimal opportunities for identification of Tsunami victims, both dead and injured, and to allow every user of the system around the world to enter up to date information and to confirm identification of victims.
Building of the system will span over 16 months and will include advanced identification technologies and information comparison tools, some of which will be developed by InterAge. The sheer mass of victims and the fact that they come from all over the world required a creative solution for their identification.
This project represents a significant step for the Company's international recognition as a market leader in creating unique web-based marketing solutions. "InterAge will play a very important and dominant role in the success of the Tsunami project," says Kobi Freund, CEO of InterAge. "We see this as an excellent opportunity to offer our professional help in dealing with the vast humanitarian challenges that the Tsunami has posed for all of us. Other professional groups will also take part in the project, and we have every bit of confidence that we will work well with them as we have been doing for the last year in other multi-million dollar international projects."
About InterAge
InterAge Ltd., established in 1994, specializes in providing a comprehensive business and marketing approach to web marketing. The company operates under the trade name of ID-Knowledge and offers unique marketing design, development, and advanced web marketing technology to give clients an integrated web marketing solution. These solutions include, formulating marketing concept and strategy, market research, managing email marketing, search engine optimization, and web design.
For more information, please contact kobi@id-knowledge.com or visit us on the Web at http://www.id-knowledge.com
Forward-Looking Statements
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