TORONTO, Dec. 2, 2004 (PRIMEZONE) -- Velocity International Corp. "VELOCITY," "(Pink Sheets:VITJ)," or the "Company" announced today that it has launched its management division. In conjunction with the developments of this past week, the Company believes that it will be representing, announcing and marketing new faces, products and services in the first quarter of 2005 through its management division. Velocity management is interested in mirroring the success of IMG's management division (www.imgworld.com). IMG is the world's largest, most diverse and only truly global company dedicated to the marketing and management of sport, leisure and lifestyle. IMG represents athletes, performing artists, writers, fashion models, broadcasters, leading corporations, world-class events, cultural institutions and recreational resorts. All share with IMG one defining characteristic: a mission to excel.
We are excited at the amount of attention that Velocity has received this week and view the fluctuation of the Company's equity as an opportunity to continue to market and brand Velocity International, Corp. throughout the world.
About Velocity International Corp. -- www.VelocityIntCorp.com
Velocity International Corp. ("VELOCITY," "VITJ," or the "Company") is a publicly traded development stage company created to acquire operating talent and modeling agencies along with acquiring existing technology service companies supporting the professional and amateur talent and modeling agencies, professional and amateur athletes, designers, creative professionals and support entertainment industry professionals. Ultimately, the company intends to provide one-stop solutions and services that address the needs of the fashion and entertainment production client throughout the world.
Safe Harbor Statement:
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives, and goals of Velocity International Corp. management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include, but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in any reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.