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Integrated Technology Group Inc. (ITGI)

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Last Post: 5/19/2006 3:11:32 PM - Followers: 2 - Board type: Free - Posts Today: 0

Integrated Technology Group Inc. Executes Letter of Intent to Acquire Knight Energy Corp. MISSOULA, Mont.--(BUSINESS WIRE)--April 28, 2006--Integrated Technology Group Inc., ticker symbol (OTC:ITGI), announced that its management has executed a letter of intent to acquire all the issued and outstanding capital stock of Knight Energy Corp. (Knight) based in Coppell, Texas. Knight Energy Corp. (Knight) is a holding company that operates and develops energy related businesses and assets. In March of 2006, Knight acquired a 75% equity interest in an independent oil and gas services company that owns an executed lease agreement among other assets in Stephens County, Texas. The lease agreement contains approximately 160 acres that include four producing natural gas wells. Stephens County has been a successful producer of oil and gas over the last fifty years. Knight also purchased and is managing its own drilling rig that will be used to drill additional wells on the current leased property as well as other potential properties that Knight is reviewing for consideration. Knight is currently reviewing further acquisitions and investments in the oil and gas industry as well as other energy related businesses and assets. For further information please contact: John Lund 406-531-9335 Cautionary statement for purposes of the "Safe Harbor" provisions of The Private Securities Litigation Reform Act of 1995: Any statements in this report that refer to the forecasted, estimated or anticipated future results of Integrated Technology Group Inc.("Integrated or the "Company"") are forward-looking and reflect the Company's current analysis of existing trends and information. Actual results may differ from current expectations based on a number of factors affecting Integrated's businesses, including competitive conditions and changing market situations. Matters affecting the economy generally, including the state of economies worldwide, can affect Integrated's results. Forward-looking statements represent the Company's judgment only as of the date of this report. Since actual results could differ materially, the reader is cautioned not to rely on these forward-looking statements. Moreover, Integrated disclaims any intent or obligation to update these forward-looking statements.
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#6   What is KNIGHTS O/S? justastock 05/19/06 03:11:40 PM
#5   ITGI...OIL..OIL..OIL..WAtch the L2's.... Rob_seller 05/11/06 11:11:54 AM
#4   ITGI revenue news released Rob_seller 05/09/06 03:20:31 PM
#3   L2 today was clear indicator of real serious action..... Rob_seller 05/08/06 05:51:28 PM
#2   Oil. Gas. Texas. Thunderbird99 04/29/06 01:57:45 PM
#1   MONSTER IN MAKIN'!!!!!!!!!!!!!!!!!!!!!! Rob_seller 04/28/06 06:18:24 PM
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