September 03, 2009 19:53 ET

IGSM Intends to Become a Full Reporting Company

FT. LAUDERDALE, FL--(Marketwire - September 3, 2009) - IGSM GROUP INC. (PINKSHEETS: IGSM) announced today the company intends to become a fully reporting company by SEC standards.

IGSM GROUP INC. has engaged an accounting firm specializing in preparing GAAP (Generally Accepted Accounting Principles) reports and financial statements for public companies. This is a necessary step prior to engaging an SEC auditing firm.

"By becoming a fully reporting company, I believe we will not only build shareholder confidence in IGSM GROUP INC. but we will also show our shareholders we truly have their best interests at hand. This will help IGSM facilitate communication with the marketplace, promote transparency and inspire shareholder confidence," said H. Francis Fytton, CEO of IGSM.

IGSM recently announced last week that as part of their move into Digital Media they have obtained the exclusive operating agreement for a Panama City TV Station and obtained a franchise agreement for FamilyNet Television which will be the primary channel on this station.


IGSM GROUP INC., based in Florida, recently announced its intention to operate Digital Television Channels in Florida. In addition, IGSM recently acquired Television Library of Programs. IGSM also offers a suite of e-learning products as part of its Digital Services.


This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of IGSM Group Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include, but are not limited to, fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise any forward-looking statement.

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