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All Press Releases for May 3, 2001 Subscribe to this News Feed    
 

INFINITE TECHNOLOGY GROUP ENGAGES RODMAN & RENSHAW AS ITS INVESTMENT BANKER

Infinite Technology Group Ltd., (ITG), announced the engagement of Rodman & Renshaw Inc. (R&R) as its investment banker. Rodman will explore institutional opportunities for the company, primarily money raising activities as well as joint ventures and strategic alliances.

Mineola, NY -- April 25, 2001 - Infinite Technology Group Ltd., (ITG), today announced the engagement of Rodman & Renshaw Inc. (R&R) as its investment banker. Rodman will explore institutional opportunities for the company, primarily money raising activities as well as joint ventures and strategic alliances. Approaching $100 million in sales, Infinite has chosen Rodman & Renshaw after an exhausting search within the investment community.

In commenting about the new accord, Mark Dresner, Infinite Technologys Chairman expressed his pleasure in joining forces with a strong institutional firm that has a proven history of raising institutional monies. He added, We want to explore our capital needs with the institutional marketplace and Rodman & Renshaw can best leverage their long list of institutional contacts."

John Borer, III, CEO of Rodman & Renshaw stated, We have earnestly watched the growth of Infinite for the past two years and look forward to the opportunity of becoming their investment banker. The firm, with its high standards, welcomes Infinite as we explore all of the various financing opportunities within their growing sector."

About Infinite Technology

Based in Mineola, New York, Infinite Technology Group Ltd. is a full-service technology company, committed to fast and cost-effective implementation of end-to-end interactive digital media solutions to assist corporations with the creation and delivery of targeted content through multiple interactive applications and platforms. ITGs sophisticated IT system solutions are designed, built, integrated and maintained from within one enterprise. Client service offerings such as hardware integration center, service operations and all-digital production studio are located within the same industrial complex to provide a one-stop service center. ITG provides a multi-disciplined approach to clients IT requirements, architecting solutions with a skill set that goes beyond systems and integration into strategic consulting, interactive design, Internet services, implementation, infrastructure support, connectivity and facilities management. ITG is a premier provider of enterprise-level Sun Microsystems and Compaq server systems.

About Rodman & Renshaw

Rodman & Renshaw, Inc., is an investment-banking boutique with a history dating back to 1951. They focus on both domestic and international dynamic, middle market companies with excellent growth prospects. R&R, primarily in the institutional sector, believes that the need has emerged in the corporate finance marketplace for a firm that will provide quality service to small public and private companies. R&R offers a full range of services beyond investment banking including sales, trading and research, components that many of their competitors lack. The research component is looking for growth stories with concrete earnings and endeavors. They generate quality research report on those companies, which Rodman believes is unique". Research shared with a select institutional clientele provides significant added value when compared to larger capitalization of underwritten driven research coverage.

For additional information please call Infinite Technology Group, 516-877-1605 or visit their website at http://www.itgl.com/. An investor package can also be obtained through its Public Relations/Corporate Development Consultants firm, Consulting For Strategic Growth, Ltd., 800-625-2236.

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This press release contains forward-looking statement that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Infinite and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, Infinite actual results may differ significantly from the results discussed or implied in such forward-looking statements.

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CONTACT INFORMATION
Barbara Coen
Consulting For Strategic Growth, Ltd.
800-625-2236
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