LOS ANGELES, Jan. 31, 2005 (PRIMEZONE) -- FutureVest, Inc. (Pink Sheets:FTVT), formerly operating as Diamond WorldWide, Inc., today announced that it has reorganized its operations and will immediately continue its Venture Banking and Investment activities under its new name, FutureVest, Inc. FutureVest launched operations in 1986 and in the last two years has provided a series of venture capital investment and corporate finance services to a number of promising young entrepreneurial lead ventures which now makes up its initial venture banking and investment ("VBI") portfolio:
-- HeartSTAT Technology, Inc. www.HeartSTAT.com (Pink Sheets:HSTA) -- GEMS Registration: www.gemsregistration.com -- Stockpicks.com, Inc. www.stockpicks.com
FutureVest Inc. will continue to make strategic early stage investments in leading edge entrepreneurial ventures. FutureVest provides each of its VBI portfolio ventures with a comprehensive strategic development infrastructure which includes a suite of services including; venture capital, boutique investment banking and corporate finance services. Together with our experienced senior operating executives and approved corporate partners, FutureVest seeks to pursue pre-defined strategies to support the operating management of each of its VBI portfolio ventures in the enhancement of their corporate value.
The operating premise of FutureVest is to demonstrate the ability to nurture and grow each of its VBI portfolio companies, as well as provide the necessary venture banking services that will allow the portfolio company to leverage the FutureVest relationships. It is expected that this "growth-on-growth" strategy will yield exceptional results, and afford FutureVest a positive position to achieve considerable growth and shareholder value for the foreseeable future.
About FutureVest, Inc.
FutureVest, Inc., currently traded on the OTC under the symbol "FTVT", is a global venture banking and investment company dedicated to provide innovative, professional financial services to emerging growth private and public companies in the small and micro-cap markets. For more information please refer to the company's website: www.FutureVest.com
Statements in this release are "forward-looking statements". Investors are cautioned that such forward-looking statements involve risk and uncertainties including, without limitation, acceptance of the company's products, significant levels of competition for the company and dependence on the performance of the management of the company