Diamonds-In-The-Rough.com Begins Coverage Of Internet Venture Group

Internet Venture Group., "iVG" (PRWEB) September 15, 2000 -commerce development and holding company whose mission is to identify, acquire and develop early stage businesses.

On August 28, 2000 the Company announced its Professional Employee Organization ("PEO") industry internet strategy: iVG plans to make a series of acquisitions in the PEO industry with the intent of accumulating revenue generating profitable PEO companies. iVG further plans to utilize its e-commerce enabling technologies to net enable these PEO firms to improve their operating margins and net profitability. "Trendsetter Inc., with year 2000 revenues expected to exceed $140 Million, will hopefully be the first of several PEO acquisitions," commented iVG CEO Elorian Landers.

Trendsetter (www.trendstaff.com), based in Houston, TX is a brick-and- mortar Professional Employer Organization (PEO) that manages small business employee administration, including Taxes, Payroll Administration, Insurance Claims, Government Reporting and Health & Employee Benefits. The Company has approximately 9,000 employees and expected revenues of $140 million.

Companies acquired or under contract to be acquired by iGV include GeewhizUSA.com (www.geewhizusa.com) and Swan Magnetics. The iVG strategy is to assist its portfolio companies to leverage their core businesses by providing access to e-commerce enabling technologies, Internet management and financial guidance, business model creation and implementation, and access to equity sources.

iVG's business model is to create long-term value in iVG securities through the ownership and appreciation of stock in profitable e-commerce portfolio companies that are developed, operated and positioned for initial public offerings by iVG. The Company is headquartered in Houston, TX; and its Web site is located at http://www.ivgcorp.com.

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