SOURCE: Swap-A-Debt

June 10, 2008 08:09 ET

Swap-A-Debt Retains Investor Development Group ("iDG") for Investor Communications

BEVERLY HILLS, CA--(Marketwire - June 10, 2008) - Swap-A-Debt (PINKSHEETS: SWPD) ("Swap a Debt)" or ("the Company"), an online community fostering person-to-person lending, announced today that it has retained Investor Development Group Inc., an independent provider of outsourced investor relations and corporate communications programs, to assist the Company in growing its financial market presence and in establishing better understanding of the investment opportunity that Swap-A-Debt represents.

Edward DeFeudis, Swap-A-Debt's Chairman, commented, "As we move forward with our scheduled launch of our Peer-to-Peer lending platform we felt that retaining iDG would help us better communicate our progress to a wider investor audience, while providing increased corporate transparency to the general public. We are particularly pleased that Robert Adams will be personally handling our investor relations activities under this new program."

Robert Adams, Managing Partner of Investor Development Group, said, "We believe that a great investment story is developing at Swap-A-Debt and we are excited that the Company has chosen us to help tell it. Through the provision of a full range of investor relations and corporate communications services, our primary goals will be to help Swap-A-Debt achieve a fair and sustainable market valuation and to enhance the reputation that the Company carries in the minds of analysts, investors and financial media."

About Investor Development Group, Inc.

iDG is a leading independent investor relations and corporate communications agency serving the needs of public and pre-public companies in both the United States and Canada. iDG is a recognized leader in helping fantastic companies find, attract and retain their perfect shareholders.

More information about the firm can be found at

About Swap-A-Debt

Swap-A-Debt is a Beverly Hills, CA based online community fostering a person-to-person lending platform that will facilitate personal loans to borrowers up to $25,000. Swap-A-Debt, Inc. will administer loan documentation, payment schedules, document storage, repayment schedules, payment processing, year-end reporting, and credit verification and reporting. Swap-A-Debt is listed on the OTC Pinksheets Exchange and trades under the symbol SWPD. For further information, please visit

Forward-Looking Statements

Some of the statements contained in this news release may be forward-looking statements such as the Company's future plans, objectives and goals. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties, which could cause actual results to vary considerably from these statements.

Contact Information

  • For more information, please contact
    Investor Contact:
    Investor Development Group, Inc.
    Robert Adams
    Managing Partner
    (800) 858-7502