EquityInvest.com and New England Investment Partners, LLC establish strategic alliance


 BOSTON, MA - August 15, 2001 - EquityInvest.com, a web’s leading company, specializing in assisting private companies in need of venture capital to expand their businesses, and New England Investment Partners, LLC and its Profitable-Buy-Out (PBO) private equity capital fund, have announced a strategic alliance agreement.

Effective immediately, the two leading companies will share in-depth business strategies and help small- and medium-sized enterprises being more profitable. 

“We have similar goals - we are both committed to providing entrepreneurs and investors around the world with best-of-class information and services. Receiving money from a Profitable-Buy-Out fund may be easier for some companies than a private placement. In a private placement, a group of private investors participates in the investing process, and the executing of an exit strategy often takes monhts,according to Milo Georgiev, Chairman and CEO of EquityInvest.com. “This relationship will enhance our users’ experience and enable clients to attain high level of business success. I believe the business relationship with New England Investment Partners LLC will increase tremendously our revenues.”  

Michael Lu, Chairman and CEO of New England Investment Partners, said, “We succeed when you succeed. As a private equity capital fund, with over $1 billion investment capital, our entire focus and incentive is on building equity value of the companies in which we invest by Profitable Buy-Out. We will work together with EquityInvest.com to achieve our goals! Profitable is beautiful.”

Under terms of the agreement, EquityInvest.com accredited investor-users will have access to New England Investments Partners’ company information, posted in the password-protected area on the web. The PBO private equity fund and the investors will deal directly with each other after investors review the New England Investments Partners’ business plan.

 

Important Factors Relating to Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements. All statements, including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend" and other similar expressions, constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. In connection with certain forward-looking statements contained in this press release and those that may be made in the future by or on behalf of EquityInvest.com, our company’s representatives note that there are various factors that could cause actual results to differ materially from those set forth in any such forward-looking statements. The forward-looking statements contained in this press release were prepared by management and are qualified by, and subject to, significant business, economic, competitive, regulatory and other uncertainties and contingencies, all of which are difficult or impossible to predict and many of which are beyond the control of EquityInvest.com. Accordingly, there can be no assurance that the forward-looking statements contained in this press release will be realized or that actual results will not be significantly higher or lower. Readers of this press release should consider these facts in evaluating the information contained herein. In addition, the business and operations of the EquityInvest.com are subject to substantial risks, which increase the uncertainty inherent in the forward-looking statements contained in this press release. The inclusion of the forward-looking statements contained in this press release should not be regarded as a representation by EquityInvest.com or any other person that the forward-looking statements contained in the press release will be achieved. In light of the foregoing, readers of this press release are cautioned not to place undue reliance on the forward-looking statements contained herein.