CHICAGO, IL--(MARKET WIRE)--Dec 3, 2008 -- IMAGE Worldwide, Inc. (Other OTC:IMGW.PK - News) is expecting to finish 2008 with over $ 2,000,000 in revenue and about $ 2,000,000 in assets and is anticipating continued growth for 2009. Entertainment, marketing, and advertising services have accounted for most of the revenues in 2008. In 2009 IMAGE forecasts continued growth with their current products and services and is estimating an additional $ 250,000 in revenues from its IT solution Company, All Pro Networks. All Pro Networks is a comprehensive IT solution company that was acquired by IMAGE in 2008.
Paul Sorkin, CEO of IMAGE Worldwide, said, "More people and companies are keeping their computers and IT equipment longer and holding off on purchasing new equipment because companies like All Pro can maintain or repair their current technologies and save them money, so we are very excited about the growth opportunities for us in 2009. We are also actively seeking acquisitions of businesses that are synergistic with our business plan to help utilize the economies of scales and improve the bottom-line, we want to explore every avenue that will build our Company and maximize its shareholders' value."
About All Pro Networks
All Pro Networks is a comprehensive IT Solutions company specializing in PC sales and repair, networking, SEO, and cost saving custom technology solutions for your home or small business.
About IMAGE Worldwide, Inc.
IMAGE Worldwide, Inc. (Other OTC:IMGW.PK - News) is a full service interactive multimedia marketing and advertising agency. IMAGE is vertically integrated with properties including a concert/nightclub venue, fashion/entertainment magazine, IT solutions company, along with other promotional and marketing companies. IMAGE utilizes a combination of different forms of media and promotions to help clients showcase and market their IMAGE in print, online, and at events. www.IMAGEworldwide.com
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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