CESAREA, Israel, Aug. 2, 2005 (PRIMEZONE) -- InterAge Ltd. (Pink Sheets:ITGJ), a leading provider of integrated web marketing solutions, announced today that it will work closely with a prominent venture capitalist in Israel on the web-based marketing of its most advanced start up companies.
Israel is well known for producing highly innovative and successful start up companies. While the world economy has been recovering from the downturn of the last few years, many new projects have come to the forefront of research and development activities in Israel. Among them, five projects sponsored by a 'serial' entrepreneur and his venture capital fund are now to be marketed over the web by InterAge.
"Zvi Hava has some of the most impressive credentials in Israel's high-tech industry," comments Kobi Freund, CEO of InterAge. "He is the co-founder of Scanvec. He was Senior Vice-President of Arel and was both CEO and CTO of Moonlight, which was recently acquired by PatchLink. So, when Zvi called us in to help with his projects, we quickly took up the challenge."
Presently, five projects are slated for web-based marketing by InterAge in the areas of telemedicine, a new uninterrupted power supply (UPS) technology, a safety/security device, an innovative biological response modifier (BRM) used for Hematopoiesis disorders (auto-immune and infectious diseases), and a project for the automatic production of real photo albums.
"These projects are highly diverse and they touch on some of the most advanced technologies in the world," continues Freund. "We look forward to helping these projects become well known in their respective industries and I'm sure we'll be able to help Mr. Hava generate a lot of positive activity for the companies."
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.