Thursday, October 15, 2009 8:15:24 AM
The Invicta Group (IVIT) Acquires IMAGE Chicago Magazine and the IMAGE Brands From STL Marketing Group (STLK) Market Wire "US Press Releases "
CHICAGO, IL -- (MARKET WIRE) -- 10/15/09 -- Invicta Group Inc. (PINKSHEETS: IVIT) announced that the Company has acquired specific assets related to IMAGE Chicago Magazine and the IMAGE Worldwide brands. The main purpose of this new acquisition is to help the Invicta Group expand their media, marketing, event production, and event promotion services.
IMAGE Chicago Magazine and IMAGE Worldwide have been involved with 100s of special events ranging from celebrity appearances, fashion shows, product launch events, and other types of events during the past 5 years. IMAGE has also been printing the magazine IMAGE Chicago for the past 4 years. IMAGE has built a solid brand in the entertainment, fashion, and health and beauty industry. The current staff will stay on board and work with the Invicta Group .
Invicta is going to revamp the magazine to focus a larger portion on health and beauty and tie in the medical community, especially those involved with the Water Tower Surgery Center. The magazine will still cover celebrities and fashion but will expand its coverage and distribution to include more of the health and beauty industries.
STL Marketing Group CEO Steven St. Louis said, "Our core businesses include printing, packaging, and design solutions and this sale helps us improve our balance sheet and focus more on our core businesses."
Invicta Group's CEO Paul Sorkin said, "This is another great acquisition for the Invicta Group . IMAGE is a perfect fit for the Water Tower Surgery Center. A person's health and beauty help define their IMAGE and we couldn't think of a better way to help doctors showcase and market their IMAGE in print, online, and at events. The new magazine will be released in early December and will include some expanded editorial along with some additional relevant strategic distribution."
About IMAGE Chicago Magazine
IMAGE Chicago Magazine is an entertainment and lifestyle magazine that focuses on everything in fashion, health, beauty, and entertainment for the Windy City. IMAGE provides its readers with the latest on what's hot today and what will be tomorrow. IMAGE features the best in celebrity interviews, editorial content on fitness, fashion, beauty, music, relationships and more, along with some incredible fashion spreads and photo galleries. By using both print and online media IMAGE has created an interactive relationship with its readers and continues to inform and entertain. www.ImageChicago.com
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