SOURCE: Internet Acquisition Group, Inc.

May 15, 2007 16:20 ET

Internet Acquisition Announces New Clients

HUNTERTOWN, IN -- (MARKET WIRE) -- May 15, 2007 -- Internet Acquisition Group, Inc. (OTCBB: IAGR) announced today that the company has recently added new client companies.

Matt Lettau, CEO of Internet Acquisition Group, stated, "I am pleased that the company has achieved recent increases in its overall client base. The new additional clients come from both the real estate and mortgage industries in addition to a new client that operates in the IT Industry. We have also recently added manufacturing operation to our list of clients. I believe that the company has a solid business model and we will continue to work diligently to add to our list of clients."

Lettau further stated, "Internet Acquisition Group, Inc. strives to eliminate the time consuming and expensive worries and hassles associated with the day to day purchasing and management of goods and services specific to our clients' needs. We focus our energy on acquiring and managing these needs in the most cost-effective way so that our clients may focus on the goods or services they provide and in turn realize more profit."

"In addition to purchasing and management of services, our company strives to provide the lowest costs possible to our clients. We work to establish relationships with national vendors of goods and services in order to negotiate discounts below their regular retail prices. Additionally, depending upon the vendor and the items being purchased, we also work to negotiate free or reduced rate shipping and handling. We then pass a portion of those discounts on to our clients," stated Lettau.

About Internet Acquisition Group, Inc. (OTCBB: IAGR) - Internet Acquisition Group, Inc. is a publicly traded company trading on the OTC Bulletin Board under the symbol IAGR. For more information about Internet Acquisition Group, Inc., please visit the Company's website at http://www.iagcompany.com

This press release may contain certain "forward-looking statements" as defined under U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "establish," "project" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from IAGR's historical experience and its present expectations or projections. These risks include, but are not limited to its ability to develop operations; its ability to increase its client base; actual revenues produced by the sale of its products; ability to capture market share; the effectiveness of advertising and marketing programs; its ability to consummate and complete an acquisition of goods; the establishment of relationships with vendors; its access to future capital; government regulation; managing and maintaining growth; the effect of adverse publicity, litigation, competition, sales and other factors that may be discussed in IAGR's filings with the SEC, including its Annual Report on Form 10-KSB, Quarterly Reports on Form 10-QSB, and Current Reports on Form 8-K, which reports are available from the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. IAGR undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.

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