(openPR) - West Palm Beach, FL - September 26, 2006 - Today Imperiali Inc. announced that it has received a letter of intent for $30 million of funding from a London-based international investment group.
The terms and conditions were undisclosed with the final agreement to be negotiated and completing within the next few weeks.
In addition, Imperiali will expand its presence and is considering a potential listing on the London stock exchange in conjunction with the investment and agreement.
The Imperiali presence in Europe will expand itself to the Middle East and establish a stronger presence in the marketplace and the deployment of Imperiali Inc. business plan.
About Imperiali Inc. (www.imperiali.org)
Imperiali Inc. (www.imperiali.org) is a global business development company, founded by Daniel Imperato, with diversified assets and holdings. Currently, through its management company, Imperiali Organization, has taken interest both in Imperiali Organization owned and operated businesses in the areas of internet search, public relations, merchandising, publishing, film, and sports as well as other non-affiliated companies. The Imperiali Organization is currently the official communications provider for Imperato-Brooks 2008 (www.imperatobrooks.com).
Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the Company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the Company's periodic filings with the Securities and Exchange Commission.
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