Swan Group of Companies Inc.
Swan Group of Companies Inc.: SWAN Group To Acquire Internet Media Company
Swan Group of Companies Inc. / Joint Venture Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Farmington (USA) / Frankfurt (Germany), 14th November, 2008 – SWAN Group of Companies, Inc. (OTC: SWNG, 'SWAN Group' or the 'Company') has entered into a binding agreement to acquire Florida based Target Publishing, Inc., a commercial E-mail and Internet marketing group for $8 million in cash and notes. 'We are excited to cooperate with this leading E-marketer and internet publishing company capitalizing on this opportunity, experience and to recognize immediate cash flow', comments Michael Berresheim, CEO of SWAN Group. 'We believe this purchase will lead to additional distribution of all our products including those still in development phases.' About SWAN Group of Companies, Inc.: The diversified holding company is located at Farmington, UT, USA, and Frankfurt, Germany. SWAN Group is engaged in the marketing and distribution of several consumer product lines, including the Denverson smokeless cigarette. Other products in development phase are an Internet Fine Wines Club, Perfume and Cosmetic Internet Sites, a travel Site, Entertainment and Concert Ticket Site. About Target Publishing, Inc.: The Deerfield Beach, Florida, USA, based Target Publishing, Inc. commands a global investor relation network with a database of more than 100 million investors, which will soon be put on the company’s disposal. In business for over 10 years Target has a commanding lead in the Commercial E-Marketing arena. Target combines its video mailers with Instant Messaging intended to deliver a clear, concise message with operator assisted 24 hour customer service. Contact: Phone: +49-69-489-876 33 Email: mlberresheim@aol.com Michael Berresheim Fax: +49-69-489-876-99 SWAN Group of Companies, Inc. Hanauer Landstraße 187-189 60314 Frankfurt am Main +49 69 48 987633 +49 172 6195036 17.11.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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