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Imperiali Inc. Founder Brings in New CEO

06-28-2006 06:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Imperiali Inc.

/ PR Agency: i1connect
West Palm Beach, FL - June 27, 2006 – Today, Imperiali Inc.’s founder and current CEO Daniel Imperato announced that it has come to an agreement in principle with a replacement CEO for Imperiali Inc.

The purpose for the replacement is specifically based on the huge growth of Imperiali Inc's operations and the fact that it is now time to put the logistics in place pertaining to the company's vision and plans along with the proper reporting financial structure that goes along with any successful global company.

The name of the new CEO is withheld intentionally and will be released in the coming days in accordance with Imperiali Inc. finalizing its agreement with the new potential CEO.

In addition relieving the founder Daniel Imperato from the day-to-day operations will enable Imperiali Inc. to utilize Imperato's skills in a more useful manner.

The business development and global expansion capabilities of our founder Daniel Imperato are impeccable and have huge potential growth that the company's looking for.

Imperiali Organization LLC., owned by Daniel Imperato, has an agreement with Imperiali Inc. that Imperiali Inc. has the first right of refusal to continue to develop and deploy the existing portfolio of Imperiali Organization LLC, formerly known as Christ Investment Group.

Imperiali Inc's new potential CEO will separate the business development company, Imperiali Inc and its investment in globalization strategy along with its advising and structuring targeted portfolio company affiliates,

Imperiali Inc. will deploy its communications gateway and now put into full operation Imperiali Inc's plan which will immediately start generating revenues and file for a public company status along with the 30mm bridge which will be utilized 5mm for operations and corporate headquarters and 25mm to be invested under strict guidelines in conjunction with the Board of Directors approvals and the Investment Advisory committee’s recommendation.

Imperiali Inc. will now be structured with corporate rules and regulations to protect the investment with strict guidelines pertaining to the use age of funds.

Our founder Imperato says that this step is to further ensure that the shareholders that we the company and deploy our plan and that I am willing to give up whatever it takes to see our company through a potentially giant global success.

About Imperiali Organization
Imperiali Organization (www.imperiali.org), founded by Daniel Imperato, is global development company, with diversified assets and holdings, connecting the leaders of tomorrow, today. Currently the organization has taken interest in both in owned and operated businesses in the areas of internet search (www.i1search.com), public relations (www.i1connect.com), merchandising, publishing, film (www.theredworm.net), and sports (www.palmbeachimperials.com) 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.

For Press Inquires Contact:
i1connect
561-805-9494
info@i1connect.com
www.i1connect.com

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