CESAREA, Israel, Dec. 12, 2005 (PRIMEZONE) -- InterAge Ltd. (Pink Sheets:ITGJ), a leading provider of integrated web marketing solutions, announced today that it has successfully completed the third stage of the Tsunami Victims project that was awarded to the Company by the United Nations earlier this year.
InterAge is the leading company spearheading the UN-sponsored Tsunami victims project which is a project totaling over $22 million. The third stage has been the most critical and time-consuming because of the detailed elements and functions that were called for in the design and systems analysis.
The objective of the UN-sponsored Tsunami victims' project is to create a web-based information management system 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. InterAge is the lead company from various world-based companies involved with this project.
Kobi Freund, CEO of InterAge, says, "We are ecstatic to not only be involved in a project of such magnitude, but to lead it. We believe that this project both confirms that we are a world leader with respect to our field of expertise and our lead role also affords the company the credentials to move forward to bigger projects and compete with the corporate giants of the world." Mr. Freund continued, "We have put state-of-the-art technology into this project. This has been a monumental task and we are now beginning to see many of the pieces come into place."
InterAge built the complex database tables that will be the foundation for storing and searching information on victims, not only of the Tsunami, but also of other disasters. In addition, the Company developed a sophisticated search engine that is capable of handling queries that are simply indications of actual details on a victim, such as 'Last seen.' InterAge also developed the data input system.
"We are meeting our objectives on time," continues Freund. "This is a 16 month project that requires integration with our partners, making it that much more complex. With almost a year behind us, we are very pleased with the group's progress and look forward to completing the next stage."
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
Certain statements in this news release may contain "forward-looking" information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.