Attached files
EXHIBIT 99.1
PRESS RELEASE
FOR IMMEDIATE RELEASE
30 DC, INC. ANNOUNCES NEW TICKER SYMBOL AND CORPORATE
NAME CHANGE
NEW YORK, Dec. 9, 2010 /PRNewswire-FirstCall/ -- 30DC Inc., (Pink Sheets:TDCH.pk
- News), formerly Infinity Capital Group Inc., today announced it officially
changed its name to 30DC Inc., and that it had been granted a new ticker symbol.
Effective December 9, 2010, the stock will commence trading under its new ticker
symbol TDCH.PK. The name change better reflects the Company's business a
developer, manager and acquirer of web-based sales and marketing platforms.
NEW YORK, NY, DECEMBER 9, 2010 - 30 DC, Inc., (TDCH.PK, formerly OTCQB: ICGP),
Ed Dale, Chairman and CEO of 30DC, Inc. said, "Our identity has always been
inextricably tied to the 30DC name. It's the name we've used to grow the company
and the name by which we are known to our Challenge and Immediate Edge
participants, Twitter followers and industry observers. To be able to officially
market ourselves under that name is simply awesome. The 30DC business platform
as a public company gives every investor an opportunity to own a stake in our
dynamic future growth. The management team is truly excited about this important
event."
ABOUT 30 DC, INC.
30DC Inc. was created in 2005 by Edward Dale to build, acquire and manage
international web-based sales and marketing companies. 30DC's core business
units are the Challenge WWW.CHALLENGE.CO and the Immediate Edge. The Challenge
with more than 91,000 active online participants, offers a free online
e-commerce training program year round along with an online education
subscription service and periodic premium live seminars that are targeted to
experienced Internet business operators. Immediate Edge is an online education
program subscription service offering high-end internet marketing instruction
and strategies for experienced online commerce practitioners.
For additional information, investors should visit http://www.30dcinc.com
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FORWARD LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of
various provisions of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, commonly identified by such terms as "believes",
"looking ahead", "anticipates", "estimates" and other terms with similar
meaning. Specifically, statements about the Company's plans for accelerated
growth, improved profitability, future business partners, M&A activity, new
service offerings and pursuit of new markets are forward looking statements.
Although the company believes that the assumptions upon which its
forward-looking statements are based are reasonable, it can give no assurance
that these assumptions will prove to be correct. Such forward-looking statements
should not be construed as fact. The information contained in such statements is
beyond the ability of the Company to control, and in many cases the Company
cannot predict what factors would cause results to differ materially from those
indicated in such statements. All forward-looking statements in the press
release are expressly qualified by these cautionary statements and by reference
to the underlying assumptions.
CONTACT:
In the U.S:
Ted Greenberg, CFO
917-670-6678
Email: ted.greenberg@30dcinc.com
John McNamara
Cameron Associates
212-554-5485
Email: john@cameronassoc.com
In Australia
Clinton Carey, COO
+61-488-777748
Email: clinton.carey@30dcinc.com