Swan Group of Companies Inc.
Swan Group of Companies Inc.: SWAN GROUP OF COMPANIES, INC. ANNOUNCES NEW TRADING SYMBOL: SWNG
Swan Group of Companies Inc. / Restructure of Company Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Farmington, USA/Frankfurt am Main, Germany, 19. September 2008 - On July 2, 2008, the SWAN Group of Companies, Inc. (the 'Company' or 'SWAN Group'; OTC: SWNG) was issued the new trading symbol of SWNG, ISIN no. US8696681035. In August 2008, the SWAN Group retained American corporate legal firm of Chachas Law Group P.C., as corporate counsel and has instructed this firm to prepare the Company for the American OTC market, together with all required documentation including the necessary Information Statement (Form 15c2-11). The SWAN Group of Companies, Inc. is a private equity and venture capital corporation with special focus on projects in the media sector. The Company is primarily active in the USA and Europe and supports new companies in the founding and expansion of their business up to and including going public. The SWAN Group of Companies, Inc. takes further pleasure in announcing its recent acquisition of the German media company MBO GmbH. The integration of this company, active since 1993, will expand SWAN’s field of activities by the addition of the fastest growing new segment of Internet Platform TV (IPTV). The German company has its own multimedia studio just outside Frankfurt am Main and is currently engaged in setting up a mobile studio unit for use in the Venture Business TV sector. IR and PR work is in progress in the IT and IPTV sectors for new companies requiring a platform in order to present themselves to the public, as well as for companies that have already received a stock market listing or quotation. The takeover increases the Company’s own balance sheet volume by approx. Euro 1.5 million. The Company further announces its collaboration with Target Publishing, Inc., of Deerfield, FL, USA. Target Publishing, Inc. commands a global investor relations network with a database of more than 100 million venture and risk capitalists, which will soon be put at the Company’s disposal. Contact: Phone: +49-69-489-876 33 Email: mlb@swangroup.us Michael L. 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 The contents of this press release relating to investments, stock, or securities is intended purely for informational purposes and does not constitute any offer, invitation or solicitation to invest or otherwise purchase any securities of the Company. Nor should it be construed as legal, business, or professional tax advice. The Company advises all readers to consult their own legal advisors, accountants or business consultants as to legal, business, tax and other matters relating to the subscription or trading of any shares of any company or corporation mentioned in this press release. 24.09.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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