Imperiali Organization Acquires Miami Team from ABA

From the bright lights of Las Vegas, the Imperiali Organization announced that it has acquired the rights to operate a team in the greater Miami/Ft. Lauderdale market in the American Basketball Association (ABA).

Las Vegas, NV; Miami, FL (PRWEB) July 14, 2006 -- From the bright lights of Las Vegas, the Imperiali Organization announced that it has acquired the rights to operate a team in the greater Miami/Ft. Lauderdale market in the American Basketball Association (ABA). If all goes well, the team will be in action for the upcoming 2006-2007 season.

The Imperiali Organization currently is the majority of another ABA franchise, the Palm Beach Imperials.

The Imperials, led by General Manager and Head Coach Lamont Carr, have established themselves as one of the premier ABA franchises, posting a 4-1 record during the summer exhibition season.

The Miami team, which has yet to be named, will bring a level of exciting basketball that fans have not experienced from other efforts.

Previously, the Florida PitBulls fielded a team in the ABA, with high ticket prices and poor attendance and marketing.

The Florida PitBulls were removed from the ABA due to irreconcilable differences with the league.

The Imperiali Organization believes that Miami/South Beach is the right market for basketball during these exciting times.

“With the Miami Heat winning the NBA championship, we feel this is the city to be in for great basketball,” Dan Mangru of Imperiali said. “We are very excited to be a part of the Miami market, and we feel sure this will be a big plus for basketball fans in the South Florida area.”

The Heat put the exclamation point on their stellar season with a 4-2 championship series win over the Dallas Mavericks less than a month ago. The Imperiali Organization hopes its newest acquisition can keep Miami in the news in the basketball world and build a solid tradition of fan-friendly, affordable, ABA basketball in the South Florida area.

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.

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