InterAge Ltd Announces Completion of Merger and Change of Trading Symbol

New Symbol Reflects New Company Management Following Successful Completion Of Merger


CESAREA, Israel, July 26, 2004 (PRIMEZONE) -- InterAge Ltd (Pink Sheets:ITGJ), a provider of integrated web marketing solutions, today announced the successful completion of the merger with Ambassador Eyeware Group Inc. and the change of its trading symbol to OTC:ITGJ.PK. InterAge's management team is now in full control of the new company.

"We are pleased that our trading symbol now better reflects our company's operations," said Kobi Freund, CEO of InterAge. "Our company has ten years experience in the field of integrated web marketing and we are confident that this move will better enable InterAge to leverage the many opportunities that exist in this exciting market space."

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.

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.



            

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