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Interact Holdings Group, Inc. Enters Negotiations for First Acquisition


ATLANTA, Aug. 21 /PRNewswire-FirstCall/ -- Interact Holdings Group, Inc. (Pink Sheets: IHGR) today announced that it has entered negotiations for its first acquisition under new management.

Interact Holdings Group, Inc. has entered negotiations with multiple companies in the telecom and "green" technology sectors. The companies provide Cable Television, Telephone, Security Monitoring, High-Speed Internet, and "green" residential products and services.

The proposed acquisitions would add approximately $9 million in revenues to Interact Holdings Group, Inc.

"Interact Holdings Group, Inc. is committed to a solid growth strategy that benefits the Company as well as shareholders. We believe with strategic acquisitions and continued growth, the Company will solidify its place in the market as well as a steady rise of the Company's market capitalization. The Company will provide updates with regards to the possible acquisitions as they are available," said Mr. Yates, President of Interact Holdings Group, Inc.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Interact Holdings Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

SOURCE Interact Holdings Group, Inc.

Tags: ,FIN,TLS,ENV,CPR,ITE,TVN,OTC,TNM,GA-Interact-Holdings

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