StoresOnline-Reviews Blog

The truth about working with StoresOnline.

2010-10-25T09:37:00.000-06:00

StoresOnline Offers Tips On What NOT To Do for SEO

2010-10-18T11:29:00.000-06:00

OREM, UTAH – StoresOnline, an e-commerce services company that provides a content management system, site hosting, and Web training, recently released information to its customers about how NOT to get a good organic search ranking. StoresOnline merchants and others looking to boost a site’s search ranking see a lot of advice about how to build links and optimize their Web sites for search engines. We all know that search engine optimization (SEO) and link-building are important because they increase search engine rankings, but not if we do it the wrong way. Here are three paths you should avoid.

1. Slack Off. Whether out of frustration, laziness, or poor follow-through, the surest way to fail at link-building is to not do it. Think of link-building like gardening. A garden has to be tended and cared for on an ongoing basis in order for it to yield its crop. The same is true of link-building. You can’t just do a bunch of it and forget about it. Spend a set amount of time each week just link-building.

2. Write For Search Engines. Search engines are getting smarter and smarter. Every day they’re getting better at detecting when they’re being played. That means if you clutter your Web pages with repetitive terms designed to snag the attention of search engines, the likelihood that it will ring the bells of those search engines is decreasing rapidly.

Even if that weren’t true, consider what happens when real live people visit your StoresOnline Web site. It’s easy to see when a page has been written for search engines and not people. The result is a page that turns people off and gives you a huge bounce rate; i.e. people take one look at your page and leave within seconds.

Your StoresOnline Web site has to appeal to the people who visit it. A high traffic rate does little good if your bounce rate is sky high. Write your Web copy with the goal of appealing to your customers. Then, go back and see where you can add in your chosen search terms without hurting the effectiveness of your copy.

3. Pay For Linkbacks. You’ll see companies that offer to give you bunches—even hundreds—of linkbacks for a fee. Stay away. Because search engines are getting smarter, they can tell when a site has had this done. It sees a load of irrelevant linkbacks and the result is a lower search ranking. So not only does it not work, but you will have paid to hurt your search ranking.

That said, there are also companies who can provide relevant backlinks. These companies have real live people who do their link-building, not automated software “bots”. A live person can make sure the links he builds are relevant to the site they link to. Those are the kinds of links that boost search rank.

iMergent Reduces Workforce

2009-01-09T10:13:00.000-07:00

OREM, Utah, January 9, 2009 -- iMergent, Inc. (AMEX: IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, announced a reduction of its work force. The company will reduce its workforce by approximately 25%, bringing its total workforce to approximately 250. The company does not anticipate it will incur any associated charge in the third fiscal quarter ended March 31, 2009 as a result of this reduction.

Steve Mihaylo, iMergent’s chief executive officer, stated, “This action is a necessary response to current market conditions and our increased focus on the small to medium enterprise (SME) market. Our employees are the heart of our organization, so it is with considerable reluctance that we are proceeding with this reduction. We will continue to monitor the demand environment for our products and services and make necessary adjustments to maintain our strategic focus and strengthen our competitive position. This reduction is one of many actions the company is taking to improve operating results.”

Mihaylo added, “We are using these operating improvements as opportunities to implement some of the changes I believe are needed to improve our business model. We are working to reach more highly qualified prospects as well as limiting sales efforts in markets where we have encountered less qualified prospects due to the current economic environment. We believe these improvements will lead to improved profitability. We also believe, once the effects of these improvements have been realized, there should be a reduction in legacy complaints from customers and reviews by regulatory agencies.”

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sell upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Safe Harbor Statement
This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. The words, "believe," "expect," "anticipate," "estimate," "will" and other similar statements of expectation identify forward-looking statements. Specific forward looking statements in this press release include information relating to a reduction of the Company’s work force; necessary adjustments, to maintain the strategic focus and strengthen the Company’s competitive position and actions the company is taking in an effort to improve operating results and improved profitability. You are cautioned not to place undue reliance on our forward-looking statements. We do not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this press release, or to reflect the occurrence of unanticipated events.

Company Contact:
Steven G. Mihaylo, CEO
iMergent, Inc.
801.431.4695 or 775.530.3955
Stevemihaylo@imergentinc.com

iMergent Announces Adjusted Quarterly Dividend

2008-12-19T13:29:00.000-07:00

OREM, Utah, December 19, 2008 - iMergent, Inc., (AMEX: IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, announced its board of directors has declared an adjusted quarterly dividend of $0.02 per share on the company’s common stock. The dividend is payable on January 20, 2009 to stockholders of record at the close of business on January 5, 2009.

“In light of the current volatility in the financial markets, we felt it was important to review our strategic use of cash,” stated Steven G. Mihaylo, chief executive officer of iMergent. “At this time, we believe the most effective use of cash in the current economic environment is to continue our share repurchase program, which was commenced in August 2006. Accordingly, we adjusted the quarterly dividend from $0.11 per share to $0.02.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sell upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Safe Harbor Statement
This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking statements. The words, "believe," "expect," "anticipate," "estimate," "will" and other similar statements of expectation identify forward-looking statements. Specific forward looking statements in this press release include the likely benefits of a more efficient use of the company’s cash and the possibility of common stock repurchases by the Company. You are cautioned not to place undue reliance on our forward-looking statements. We do not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this press release, or to reflect the occurrence of unanticipated events.

Company Contact:
Steven G. Mihaylo,
CEO iMergent, Inc.
801.431.4695
Stevemihaylo@imergentinc.com

Investor Relations Contact:
Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

iMergent Announces Board and Management Changes

2008-12-11T11:31:00.000-07:00

OREM, Utah, December 11, 2008 - iMergent, Inc., (AMEX: IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, announced Brandon Lewis resigned as the company’s president and chief operating officer, effective March 9, 2009. Lewis also resigned as a director effective immediately, and the board will consist of six members.

“I am very appreciative of Brandon’s years of dedicated service to iMergent,” stated Steven G. Mihaylo, CEO of iMergent. “His commitment and vision were instrumental in iMergent’s development and growth over the past several years. I wish him all the best in his future endeavors.”

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sell upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Steven G. Mihaylo, CEO
iMergent, Inc.
801.431.4695
Stevemihaylo@imergentinc.com

Investor Relations Contact:
Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

iMergent Clarifies Results of Annual Meeting of Shareholders

2008-11-20T11:53:00.000-07:00

iMergent Clarifies Results of Annual Meeting of Shareholders

OREM, Utah, November 20, 2008 - iMergent, Inc., (AMEX: IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, conducted its 2008 annual shareholder meeting on Wednesday, November 19, 2008.

The company’s shareholders ratified the following:

- The election of two Class I directors for terms of two years, expiring at the annual meeting of stockholders to be held for the fiscal year ending June 30, 2010 or until each of their respective successors has been duly elected and qualified. The directors re-elected to the board were Todd Georgen and David Williams. Notably the company added Steve Mihaylo and Dr. Anil Puri to its board of directors in November.

- The appointment of Tanner LC as the company’s independent registered public accounting firm for the fiscal year ending June 30, 2009.

A policy stating independent directors shall serve on the Board for no more than ten years was not ratified by the company’s shareholders.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sell upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Steven G. Mihaylo, CEO
iMergent, Inc.
801.431.4695
Stevemihaylo@imergentinc.com

Investor Relations Contact:
Becky Herrick
Lippert/Heilshorn & Associates
415.433.3777
bherrick@lhai.com

iMergent Appoints Business and Economics Expert to its Board of Directors

2008-11-19T13:55:00.000-07:00

iMergent Appoints Business and Economics Expert to its Board of Directors
Dr. Anil Puri, California State University - Fullerton Business School Dean Joins Board

OREM, Utah, November 19, 2008 – iMergent, Inc. (AMEX: IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, announced Dr. Anil Puri, 59, has been appointed to the board of directors, bringing the total board count to seven members.
Steven G. Mihaylo, iMergent chief executive officer, said, “We are excited Anil has accepted a position on our board. He joins us as an independent advisor and a respected economist. Anil’s expertise will be of tremendous value as we work to continue executing on our strategy of long-term growth and increasing shareholder value.”

Dr. Anil Puri is the Dean of the College of Business and Economics at California State University – Fullerton and co-director of its Institute for Economic and Environmental Studies. Prior to becoming dean in 1998, Puri was department chair and professor of economics at Cal State Fullerton. He is a noted economist and scholar who serves as the executive director of the Western Economic Association International, the second largest professional association of economists in the nation. He is a member of the American Economic Association, the National Association of Business Economists, and the Association of University Bureaus of Economic Research.

Dr. Puri received his doctorate and master’s degrees in economics from the University of Minnesota and his B.A. and M.A. in economics from Panjab University in India. His research has been published in leading academic journals such as the National Tax Journal, Policy Studies Journal, Journal of Conflict Resolution and the International Journal of Forecasting. His annual Economic Forecast Conference, now in its fourteenth year, is held each October in partnership with the Orange County Business Council.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sells upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Robert Lewis, CFO
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

iMergent Announces Board and Management Changes

2008-11-06T19:37:00.000-07:00

SME Business Communication and Software Veteran
Steven G. Mihaylo Joins as CEO and Director
Donald Danks Resigns as CEO and Continues to Advise

OREM, Utah, November 6, 2008 – iMergent, Inc. (AMEX: IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, announced changes to its management and board. Donald L. Danks resigned as CEO and as a director; he will become a consultant to the company. Steven G. Mihaylo assumed the role of CEO and has been appointed to the board of directors. The total board count remains six members.

Todd A. Goergen, Chairman of iMergent, stated, “The board is committed to driving iMergent’s long-term growth and shareholder value. We are excited to welcome Steve who will be leading our company and exploring additional revenue opportunities in small-to-medium enterprise (SME) initiatives.”

“In addition, we thank Don for his valued contribution as iMergent grew from less than $50 million in 2003 annual sales to exceed $125 million in fiscal 2008 under his leadership. Don will continue to assist management as a consultant in the area of investor relations,” concluded Goergen.

Mihaylo, 64, is a retired chairman and chief executive officer of Inter-Tel, Incorporated, which he founded in 1969. He led the Inter-Tel evolution from providing business telephone systems to offering complete managed services and software that help businesses facilitate communication and increase customer service and productivity. Before selling Inter-Tel to Mitel for $720 million in 2007, Mihaylo grew the business to nearly $500 million in annual sales.

Mihaylo earned an honorary PhD from California State University - Fullerton and received a Bachelor of Arts in Business Administration in Accounting & Finance from the university in 1969. He has served on boards of numerous community organizations including the Arizona Heart Foundation, Junior Achievement of Arizona, Arizona Museum of Science and Technology and the Arizona State University College of Business Dean’s Council of 100. Committed to education, Mihaylo is involved with the Karl Eller College of Management at the University of Arizona and has served on the advisory board of Junior Achievement of Central Arizona for over 25 years, as a member of the board of directors of the Big Bear High School Education Foundation and on the Dean’s Advisory Board of CSU-Fullerton.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sells upgrades to StoresOnline Pro and StoresOnline Platinum.

Company Contact:
Robert Lewis, CFO
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Becky Herrick
Lippert/Heilshorn & Associates
415.433.3777
bherrick@lhai.com

iMergent Reports First Quarter Fiscal 2009 Financial Results

2008-11-05T18:31:00.000-07:00

OREM, Utah, November 5, 2008 - iMergent, Inc., (AMEX: IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, reported financial results for its fiscal first quarter ended September 30, 2008.

“While we were not satisfied with our fiscal first quarter results, we are encouraged that our marketing improvements and cost reductions are beginning to have an impact,” stated Don Danks, chief executive officer of iMergent. “In December 2007, we reduced our Workshop teams by 33%. Consequently, first quarter of fiscal 2009 revenue of $27.3 million was in line with our expectations when compared to revenue of $32.5 million for the first quarter of fiscal 2008. Operating loss improved to $3.3 million, compared to $3.4 million for the same period last year. In addition, operating metrics are improving. For example, approximately 32% of buying units made a purchase at the Workshops during the quarter, compared to 26% in the prior year quarter and the average selling price during the quarter was $5,400, compared to $5,100 in the prior year quarter. We are also excited about the improvements in our advertising and our recurring and other commission revenues. In addition, we reduced costs at our Preview Seminars and Workshops on a per attendee basis and reduced travel costs on a per employee basis during the quarter, even during these tough economic conditions.”

“As discussed last quarter, we have dramatically improved our advertising campaigns. Our responses were better than expected and attendance at our Preview Seminars was much higher than anticipated. Consequently, the sheer volume of attendees at our Preview Seminars negatively impacted our July and August conversion rates from the Preview Seminars to Workshops, resulting in lower attendance at our Workshops and higher selling and marketing costs as a percentage of Net Dollar Volume of Contracts Written. However, we were able to make the necessary adjustments to our business model and return to profitability in the month of September. Because of the momentum we have gained from the response to our advertising and the operating adjustments made in September, we plan to launch our seventh Workshop team in late November 2008, sooner than anticipated.”

IRS Audit
In October 2008, the company received notice from the Internal Revenue Service (IRS) contesting the company’s deduction of 50% of the cost of meals provided to attendees at the company’s Preview Seminars and Workshops. The company contends that these meals are excluded from the deduction limitations of IRS Code Section 274. The IRS also challenged the company’s ability to utilize more than $460,000 of its Net Operating Losses per year. The company contends the limitations are significantly higher than $460,000 per year under IRS Code Section 382. While the company believes it will be able to defend its positions, based on the analyses performed in accordance with FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes—an interpretation of FASB Statement 109 (FIN 48), the company has established a reserve of $6.6 million as of September 30, 2008 for the potential tax, penalties and interest costs.

First Quarter: 2009 Compared to 2008
During the three months ended September 30, 2008, the company held 208 Workshops, including 8 internationally, compared to 291 Workshops, including 13 internationally, in the same quarter of last year.

Revenues for the first quarter of fiscal 2009 were $27.3 million, compared to $32.5 million for the first quarter of fiscal 2008, reflecting the lower number of Workshops. Revenue was negatively impacted by an additional accrual of $630,000 for customer refunds pursuant to various legal matters. Net Dollar Volume of Contracts Written was $28.7 million for the first quarter of fiscal 2009, compared to $35.6 million for the first quarter last year. Total operating expenses were lower at $30.6 million for the first quarter of fiscal 2009, compared to $35.9 million for the first quarter last year. Other income was $1.6 million for the first quarter of fiscal 2009, which included $1.9 million in interest income, compared to $2.4 million of other income for the first quarter last year, which included $2.3 million in interest income.

For the first quarter of fiscal 2009, our loss from operations was $3.3 million, compared to a loss from operations of $3.4 million in the same quarter last year. As a result of the income tax reserve described above, the provision for income taxes for the first quarter of fiscal 2009 was $5.9 million, compared to an income tax benefit of $238,000 in the same quarter last year. Net loss for the first quarter of fiscal 2009 was $7.5 million, or $0.66 per common share, compared to a net loss of $800,000, or $0.07 per common share in the same quarter last year.

The company believes the recent economic downturn has impacted how our customers buy, lowering the percent of cash purchases at the Workshops to 40% in the first quarter of fiscal 2009 from 50% in the prior year quarter. Because the company records revenue as cash is received and not at the time of sale, the decrease in percent of cash purchases at the Workshops negatively impacted revenue, operating income, and cash flows from operating activities during the first quarter of fiscal 2009.

Cash used in operating activities was $513,000 for the first quarter of fiscal 2009, compared to cash provided by operating activities of $426,000 for the same period in fiscal 2008. As of September 30, 2008, cash and cash equivalents were $25.3 million, working capital was $19.2 million, and working capital excluding deferred revenue was $51.1 million. Total current and long-term net trade receivables were $39.8 million as of September 30, 2008.

Outlook
“Due to the momentum we have gained from the response to our advertising and the planned launch of our seventh Workshop team in late November 2008, we are increasing our guidance in the second quarter of fiscal 2009. We previously believed that revenue and Net Dollar Volume of Contracts Written would decrease 15% to 20% from to the same period of fiscal 2008. We now expect revenue and Net Dollar Volume of Contracts Written will be flat to a 15% decrease from the second quarter of fiscal 2008. We continue to expect revenue and Net Dollar Volume of Contracts Written will grow up to 10% during the second half of fiscal 2009 compared to the same period of fiscal 2008. As a reminder, in late December 2007 we reduced our Workshop teams by 33% and introduced our new business model. As such, during the first half of fiscal 2009 we will have fewer Workshops teams compared to the same period last year and, therefore, we believe we will have a more comparable business model in the second half of fiscal 2009,” concluded Danks.

Conference Call
The company is hosting a conference call today at 1:30 p.m. PT (4:30 p.m. ET). The conference call will be broadcast live over the Internet at www.imergentinc.com. If you do not have Internet access, the telephone dial-in number is 800-639-0297 for domestic participants and 706-634-7417 for international participants. Please dial in five to ten minutes prior to the beginning of the call at 1:30 p.m. PT (4:30 p.m. ET). A telephone replay will be available three hours after the call through November 10, 2008 by dialing 800-642-1687 for domestic callers or 706-645-9291 for international callers and entering access code 68331707.

Safe Harbor Statement
The statements made in this press release regarding iMergent's (1) being encouraged by marketing improvements and costs reductions, which are beginning to have an impact, (2) revenue being in line with our expectations in light of the 33% reduction in Workshop teams in December 2007, (3) operating metrics improving, (4) improvements in advertising and recurring and other commission revenues, (5) reduced costs at Preview Seminars and Workshops on a per attendee basis and reduced travel costs on a per employee basis during the quarter, (6) dramatic improvements to advertising campaigns, (7) responses being better than expected and attendance at Preview Seminars being much higher than anticipated, (8) sheer volume of attendees at Preview Seminars negatively impacting July and August conversion rates from the Preview Seminars to Workshops, resulting in lower attendance at our Workshops and higher selling and marketing costs as a percentage of Net Dollar Volume of Contracts Written, (9) being able to make the necessary adjustments to its business model and return to profitability in the month of September, (10) plan to launch its seventh Workshop team in late November 2008, sooner than anticipated, (11) contention that meals it serves at its seminars are excluded from the deduction limitations of IRS Code Section 274, (12) contention that limitations to utilize our Net Operating Losses are significantly higher than $460,000 per year under IRS Code Section 382, (13) belief that it will be able to defend its positions, which are contrary to the IRS, (14) belief the recent economic downturn has impacted how our customers buy, lowering the percent of cash purchases at Workshops, (15) expectation that revenue and Net Dollar Volume of Contracts Written will be flat to a 15% decrease from the second quarter of fiscal 2008 and (16) belief that revenue and Net Dollar Volume of Contracts Written will grow up to10% during the second half of fiscal 2009 compared to the same period of fiscal 2008.

Such statements are based on the current expectations and beliefs of the management of iMergent and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, without limitation, the Company's ability to execute on its plans and expectations; the Company properly estimating customer returns and cash collections on financed contracts; the Company's ability to continue to evaluate and find ancillary products; the Company's ability to offer best solutions to its customers; the Company's ability to maintain a very solid customer base; the Company's ability to have profitable long-term relationships with its customers; that the market for the Company's products will grow; whether regulatory authorities will bring future actions against the Company; the success of StoresOnline Express™; the ability to upgrade customers from Express, the viability of the StoresOnline Express model; the ability to increase the number of Workshops; the ability to properly market the products; the ability to expand operating margins; the fluctuations in the Company's operating results because of negative publicity, seasonality, competition, economic conditions and other factors; the adverse impact of international or domestic regulatory developments affecting the internet or the Company's business; the effect of competitive and economic factors and the Company's reaction to them; possible disruption in commercial activities caused by terrorist activity and armed conflicts; changes in logistics and security arrangements; reduced purchases relative to security expectations; possible disruption in commercial activity as a result of natural disasters or major health concerns including epidemics; continued competitive pressures in the marketplace; the ability of the Company to successfully evolve its products; costs of and developments in the Company's pending litigation and investigations; the Company's ability to generate revenue and profits from current strategic partnerships; the Company's ability to generate positive cash flows from operating activities; the ability to sell receivables; the continued ability of the Company to repurchase its common shares and what effect those transactions may have on cash and liquidity; the Company's ability to expand current markets and develop new markets and establish profitable strategic partnerships; the Company's ability to continue to finance extended payment term arrangement customer contracts; whether there is continual demand for the Company's products and services in its target market of small businesses and entrepreneurs for assistance in establishing websites; that the Company can successfully adjust its product financing policy, and that such adjustments to the policy will not negatively impact business or revenues; that the Company is able to leverage its business; that the Company does improve margins and can continue to improve margins; that new products and initiatives in the pipeline will be implemented; that new products and initiatives, if implemented, will improve the customer base and margins of the Company; that the Company can broaden its training and education programs as well as offer new products and solutions; that if the Company is able to broaden its training and education programs as well as offer new products and solutions that such actions will have a positive impact on the Company, its customers, its customer relationships, its margins or revenues; and, that the growth strategy undertaken by the Company will be successful. For a more detailed discussion of risk factors that may affect iMergent's operations, please refer to the Company's Form 10-K for the year ended June 30, 2008, and Form 10-Q for the quarter ended September 30, 2008. These forward-looking statements speak only as of the date on which such statements are made, and the Company undertakes no obligation to update such forward-looking statements, except as required by law.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Seminars, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These Seminars lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sell upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Robert Lewis, CFO
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Becky Herrick
Lippert/Heilshorn & Associates
415.433.3777
bherrick@lhai.com

iMergent to Hold Fiscal First Quarter 2009 Financial Results

2008-10-10T17:59:00.000-06:00

OREM, Utah, October 9, 2008 – iMergent, Inc. (AMEX: IIG) announced it will hold its fiscal first quarter 2009 financial results conference call on Wednesday, November 5, 2008 at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Donald Danks, chief executive officer, Brandon Lewis, president and chief operating officer, Robert Lewis, chief financial officer, and Jeff Korn, general counsel, will deliver prepared remarks and conduct a question and answer session.

The conference call will be broadcast live over the Internet at file:///C:/Documents%20and%20Settings/brendan/Local%20Settings/Temporary%20Internet%20Files/www.imergentinc.com. If you do not have Internet access, the telephone dial-in number is 800-639-0297 for domestic participants and 706-634-7417 for international participants. Please dial in five to ten minutes prior to the beginning of the call at 1:30 p.m. PT (4:30 p.m. ET). A telephone replay will be available three hours after the call through November 10, 2008 by dialing 800-642-1687 for domestic callers or 706-645-9291 for international callers and entering access code 68331707.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sells upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Robert Lewis, CFO
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Becky Herrick
Lippert/Heilshorn & Associates
415.433.3777
bherrick@lhai.com

iMergent to Hold Fiscal 2008 Annual Meeting of Shareholders in November 2008

2008-10-10T17:58:00.000-06:00

OREM, Utah, October 8, 2008 - iMergent, Inc., (AMEX: IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, will hold its fiscal 2008 annual shareholder meeting on Wednesday, November 19, 2008 at 12:00 p.m. Mountain Time at 299 South Main, Suite 1400, Salt Lake City, Utah. The company also clarified results from the fiscal 2007 annual meeting of shareholders.

The proposals being presented for shareholder approval at the fiscal 2008 annual shareholders meeting follow and will be fully described in the company’s Proxy Statement to be mailed today, October 8th.

To elect three Class I directors for terms of two years, expiring at our annual meeting of stockholders to be held for our fiscal year ending June 30, 2010 or until each of their respective successors has been duly elected and qualified;
To consider and act upon a proposal to ratify the appointment of Tanner LC as our independent registered public accounting firm for our fiscal year ending June 30, 2009;
To consider and act upon a proposal to adopt a policy that independent directors shall serve on the Board for no more than ten (10) years; and,
To transact such other business as may properly come before the meeting, or any adjournment or postponement of the meeting.

Only stockholders of record at the close of business on September 26, 2008 may vote at the meeting or any adjournment or postponement of the meeting.

Regarding the fiscal 2007 annual meeting, on November 15, 2007, on the recommendation of the company’s board of directors, shareholders approved the amendment of the 2003 Equity Incentive Plan to increase the number of shares available for grant from one million to two million shares. On November 19, 2007 the company accurately reported the vote total received for the amendment to the plan, but erroneously reported the number of votes was insufficient to ratify the amendment and the plan had not been ratified. Although the amendment had been ratified and the shares have been available for grant, the compensation committee of the board of directors to date has not granted any of the increased available shares.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sells upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Robert Lewis, CFO
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Becky Herrick
Lippert/Heilshorn & Associates
415.433.3777
bherrick@lhai.com

iMergent Reports Fourth Quarter and Year-end Fiscal 2008 Financial Results

2008-09-05T10:33:00.000-06:00

- Company posts sequential increases in revenue and NDVCW -
- Repurchased $1.6 million in common stock for the quarter
and $26.3 million from the plan’s inception to date-
-Company provides fiscal 2009 guidance-

OREM, Utah, September 4, 2008 - iMergent, Inc., (AMEX: IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, reported financial results for its fiscal fourth quarter and fiscal year ended June 30, 2008.

Don Danks, chief executive officer of iMergent, stated, “Fourth quarter results are in line with our expectations and improved sequentially. Compared to the third quarter, fourth quarter revenue grew 6% and Net Dollar Volume of Contracts Written increased 7%. In addition, close rates grew from 29% in the third quarter to 31% in the fourth quarter and average selling price rose from $5,000 in the third quarter to $5,500 in the fourth quarter. Our StoresOnline™ Express rollout continues to perform well and complements StoresOnline Pro. We are encouraged by the positive impact of our adjusted business model.”

“During the past six months, we have worked diligently to refine our new business model and resolve outstanding legal concerns. We have entered agreements in six states including Florida. We continue to work on resolving the remaining legal issues. As a consequence of settlements we have entered or expect to enter with these states, we have recognized $1.1 million of legal expenses and settlement fees. Also, revenue was negatively impacted by $724,000 for historical and estimated refunds to customers associated with all resolved and outstanding legal matters during the fourth quarter of fiscal 2008. We do not expect this level of legal and settlement expenses to continue in fiscal 2009.”

Fiscal Fourth Quarter: 2008 Compared to 2007
During the three months ended June 30, 2008, the company held 222 workshops, including 65 internationally, compared to 333 workshops, including 70 internationally, in the same quarter of last year.

• Revenues for the fourth quarter of fiscal 2008 were $29.1 million net of customer refunds of $724,000 associated with legal settlements, compared to $44.3 million net of customer refunds of $270,000 associated with legal settlements for the fourth quarter of fiscal 2007, reflecting the lower number of workshops.

• Net Dollar Volume of Contracts Written was $28.4 million for the fourth quarter of fiscal 2008, compared to $46.2 million for the fourth quarter last year.

• Total operating expenses were $29.6 million for the fourth quarter of fiscal 2008 including $1.1 million in legal expenses, compared to $38.2 million for the fourth quarter last year, including $332,000 in legal expenses.

• Other income was $2.2 million for the fourth quarter of fiscal 2008, which included $2.0 million in interest income, compared to $2.5 million of other income for the fourth quarter last year, which included $2.2 million in interest income.

• For the fourth quarter of fiscal 2008, net income was $554,000, or $0.05 per diluted common share. This compares to net income of $5.3 million, or $0.41 per diluted common share in the same quarter last year.

• Cash provided by operating activities was $3.4 million for the fourth quarter of fiscal 2008, compared to $8.5 million for the same period in 2007.

Full Year Ended June 30: 2008 Compared to 2007
During the year ended June 30, 2008, the company held 1,028 workshops, including 184 internationally, compared to 1,193 workshops, including 264 internationally, during the year ended June 30, 2007. Revenues for the year ended June 30, 2008 were $128.0 million net of customer refunds associated with legal settlements totaling $1.0 million, compared to $151.6 million for the year ended June 30, 2007, reflecting the lower number of workshops. Net Dollar Volume of Contracts Written was $128.8 million for fiscal year 2008, compared to $165.3 million for the previous year. For the year ended June 30, 2008, legal expenses were $2.7 million and net income was $3.1 million, or $0.26 per diluted common share. For the year ended June 30, 2007, legal expenses were $1.8 million and net income was $24.0 million, or $1.87 per diluted common share.

As of June 30, 2008, cash and cash equivalents were $26.2 million, net trade receivables were $38.6 million, working capital was $20.6 million, and working capital excluding deferred revenue was $53.4 million.

“We continue to be committed to increasing value for our stockholders. During the quarter and year ended June 30, 2008, we repurchased 128,837 and 948,297 shares of our common stock for $1.6 million and $12.6 million, respectively. Since the repurchase program’s commencement in August 2006, over 1,603,000 shares were purchased for $26.3 million. In addition, during the year we paid $5.1 million in dividends,” Danks added.

Outlook“Looking ahead, we enter fiscal 2009 with increased clarity of our business practices and a stronger business model with leaner and more effective sales teams and improved marketing. Our marketing programs begin months in advance of our previews and workshops, and to date in the first quarter of fiscal 2009, preview demand increased due to our marketing and advertising efforts. We are adjusting our infrastructure to more effectively accommodate more potential customers, and we anticipate adding a sales team in the third fiscal quarter. We expect the impact of these initiatives to grow revenue in the second half of the year. Also we believe we will begin to once again reap the benefits of our operating leverage and increase our profitability in fiscal 2009,” concluded Danks.

The company reduced workshop teams by 33% and introduced its new business model in late December 2007. As such, during the first half of fiscal 2009 the company will have two-thirds of the workshops teams compared to the same period last year, and management expects revenue and Net Dollar Volume of Contracts Written in the first half of fiscal 2009 to decrease 15% to 20% compared to the same period of fiscal 2008. However, during the second half of fiscal 2009, the company believes it will have a comparable business model to the second half of fiscal 2008, and management expects revenue and Net Dollar Volume of Contracts Written for the second half of fiscal 2009 will grow up to 10% compared to the same period of fiscal 2008.

Conference Call
The company is hosting a conference call today at 1:30 p.m. PT (4:30 p.m. ET). The conference call will be broadcast live over the Internet at www.imergentinc.com. If you do not have Internet access, the telephone dial-in number is 800-639-0297 for domestic participants and 706-634-7417 for international participants. Please dial in five to ten minutes prior to the beginning of the call at 1:30 p.m. PT (4:30 p.m. ET). A telephone replay will be available three hours after the call through September 8, 2008 by dialing 800-642-1687 for domestic callers or 706-645-9291 for international callers and entering access code 60268194.

Safe Harbor Statement
The statements made in this press release regarding iMergent's (1) fourth quarter results being in line with expectations and improving sequentially, (2) close rates growing in the fourth quarter and average selling price rising in the fourth quarter, (3) StoresOnline™ Express rollout continuing to perform well and complementing StoresOnline Pro, (4) expectation of continuing to have positive impact of Express and Pro on the business model, (5) continuing to work diligently to refine its new business model and resolving legal concerns, (6) successfully resolving remaining legal issues, (7) accruing $1.1 million of legal expenses and settlement fees for settlements we have or expect to enter, (8) revenue being negatively impacted by $724,000 for historical and estimated refunds to customers, and the expectation that this level of legal related expenses will not continue in fiscal 2009, (9) continuing to be committed to increasing value for stockholders, (10) entering fiscal 2009 with increased clarity of business practices and a stronger business model with leaner and more effective sales teams and improved marketing, (11) preview demand increasing due to marketing and advertising efforts, (12) adjusting its infrastructure to more effectively accommodate more people, (13) anticipation of adding a sales team in the fiscal third quarter, (14) having the impact of its initiatives grow revenue in the second half of fiscal 2009, (15) reaping the benefits of operating leverage and increasing profitability in fiscal 2009, (16) expectation that revenue in the first half of fiscal 2009 will be lower compared to the same period of fiscal 2008, (17) expectation that revenue for the second half of fiscal 2009 will be higher compared to the same period of fiscal 2008, (18) expectation that full year fiscal 2009 revenue and Net Dollar Volume of Contracts Written to decrease between 10% and 15% from the full year fiscal 2008 results of $128.0 million and $128.8 million, respectively and other statements that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.

Such statements are based on the current expectations and beliefs of the management of iMergent and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, without limitation, the Company's ability to execute on its plans and expectations; the Company properly estimating customer returns and cash collections on financed contracts; the Company's ability to continue to evaluate and find ancillary products; the Company's ability to offer best solutions to its customers; the Company's ability to maintain a very solid customer base; the Company's ability to have profitable long-term relationships with its customers; that the market for the Company's products will continue to grow; whether regulatory authorities will bring future actions against the Company; the success of StoresOnline Express ™; the ability to upgrade customers from Express, the viability of the StoresOnline Express model; the ability to increase the number of workshops; the ability to properly market the products; the ability to expand operating margins; the fluctuations in the Company's operating results because of negative publicity, seasonality, competition, economic conditions and other factors; the adverse impact of international or domestic regulatory developments affecting the internet or the Company's business; the effect of competitive and economic factors and the Company's reaction to them; possible disruption in commercial activities caused by terrorist activity and armed conflicts; changes in logistics and security arrangements; reduced purchases relative to security expectations; possible disruption in commercial activity as a result of natural disasters or major health concerns including epidemics; continued competitive pressures in the marketplace; the ability of the Company to successfully evolve its products; costs of and developments in the Company's pending litigation and investigations; the Company's ability to generate revenue and profits from current strategic partnerships; the Company's ability to generate positive cash flows from operating activities; the ability to sell receivables; the continued ability of the Company to repurchase its common shares and what effect those transactions may have on cash and liquidity; the Company's ability to expand current markets and develop new markets and establish profitable strategic partnerships; the Company's ability to continue to finance extended payment term arrangement customer contracts; whether there is continual demand for the Company's products and services in its target market of small businesses and entrepreneurs for assistance in establishing websites; that the Company can successfully adjust its product financing policy, and that such adjustments to the policy will not negatively impact business or revenues; that the Company is able to leverage its business; that the Company does improve margins and can continue to improve margins; that new products and initiatives in the pipeline will be implemented; that new products and initiatives, if implemented, will improve the customer base and margins of the Company; that the Company can broaden its training and education programs as well as offer new products and solutions; that if the Company is able to broaden its training and education programs as well as offer new products and solutions that such actions will have a positive impact on the Company, its customers, its customer relationships, its margins or revenues; and, that the growth strategy undertaken by the Company will be successful. For a more detailed discussion of risk factors that may affect iMergent's operations, please refer to the Company's Form 10-K for the year ended June 30, 2008. These forward-looking statements speak only as of the date on which such statements are made, and the Company undertakes no obligation to update such forward-looking statements, except as required by law.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers website development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs as well as offers StoresOnline Express for sale. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and sells upgrades to StoresOnline Pro and StoresOnline Platinum. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

iMergent, Inc. Announces Quarterly Dividend

2008-09-04T10:47:00.000-06:00

OREM, Utah, September 3, 2008 - iMergent, Inc., (AMEX: IIG), announced its board of directors has declared a quarterly dividend of $0.11 per share on the company’s common stock. The dividend is payable on September 29, 2008 to stockholders of record at the close of business on September 19, 2008.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Robert Lewis, CFO
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Becky Herrick
Lippert/Heilshorn & Associates
415.433.3777
bherrick@lhai.com

iMergent Reaches Settlement Agreement with the State of Florida

2008-09-02T19:35:00.000-06:00

- Agreement does not impair the company’s ability to conduct business in Florida -

OREM, Utah, September 2, 2008 - iMergent, Inc. (AMEX: IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, entered into a settlement agreement with the State of Florida Office of the Attorney General on Friday, August 29, 2008.

The Attorney General of Florida originally filed an action in 2007 and then amended and re-filed the action in 2008, claiming the company sold a business opportunity and otherwise made sales in violation of certain consumer protection statutes.

As a result of the agreement, the company agreed to pay fees totaling $125,000 and agreed that it will refund any customers in the State of Florida who may file claims within 30 days of entry of the judgment. The company also agreed to refund claimants who have previously filed a claim to either the company or the State. iMergent also agreed to refund up to $250,000 in claims made over the next 18 moths from purchasers who can demonstrate with supporting documentation that there has been a misrepresentation made to them and that the customer could not make the product work. In addition, iMergent agreed to certain actions intended to clarify its business practices. There is no finding iMergent is a seller of a business opportunity.

Jeff Korn, iMergent general counsel, said, “The Attorney General of the State of Florida has completed a very long and thorough review of the company’s business practices. The Attorney General made some suggestions including increasing the refund period for seniors to 15 days, which we have already incorporated world wide. We are always willing to work to take any action that makes our sales model more transparent. We have reserved for the refunds expected and do not expect refunds after the thirty days to have a significant impact as we do not believe there have been any misrepresentations made to customers. ”

Don Danks, CEO, stated, “After a two year review, we are pleased to have a resolution to this matter that clarifies the company’s business practices and does not limit our ability to conduct business in Florida. The changes to StoresOnline™ Express have been instrumental in clarifying our business practices and greatly assisted in resolving this matter.”

Before the stock market opened today, the company filed an SEC Form 8-K.

Safe Harbor
Statements made in this press release regarding (1) iMergent transacting business in the State of Florida (2) the settlement resolving outstanding matters with the State of Florida, (3) the settlement not affecting continued operations in the State of Florida, (4) iMergent addressing issues to clarify its business practices, (5) iMergent having reserved for the refunds expected and the expectation that refunds after the thirty days will not have a significant impact, (7) the belief there have not been misrepresentations made to customers (6) iMergent being willing to take any reasonable action that assists in making sales practices transparent to regulators customers, (7) that the StoresOnline™ Express model has been instrumental in clarifying iMergent business practices and greatly assisted in resolving this matter are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007, and Forms 10-Q for the periods ended September 30, 2007, December 31, 2007, and March 31, 2008.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Jeffrey Korn,
General Counsel/Corp. Secretary
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Becky Herrick
Lippert/Heilshorn & Associates
415.433.3777
bherrick@lhai.com

StoresOnline Sponsors Utah Open Airways Program

2008-08-28T11:19:00.000-06:00

StoresOnline Sponsors Utah Open Airways Program

StoresOnline announces it has agreed to continue its partnership with The Utah Open Airways for Schools (OAS). StoresOnline previously provided funding for the 2007-2008 school year.

OAS is a powerful program that empowers children with asthma to better understand and manage their condition, as well as provides parents and teachers with support tools for assisting children with Asthma.

The OAS program helps hundreds of children every year become "Asthma Experts", as they learn the necessary techniques and strategies to help them manage their asthma so they can do all the things their peers can do, without feeling embarrassed or afraid. The OAS program is free to schools and to the children who participate, but it is not free to the American Lung Association of Utah (ALAU), which runs the program.

With StoresOnline’s support, OAS taught classes in 41 local area schools, reaching over 350 children – more than OAS has been able to teach in several years. Clint Sanderson, VP of Seminar Sales for StoresOnline and a Board Member of the Utah Lung Association commented, “StoresOnline is thrilled to support and enable such a wonderful cause. The OAS program empowers children with Asthma with the right tools and training to not only survive their Asthma but really thrive!”

Cherissa Wood, Program Manager for OAS said, “Starting out, many of these kids don't want anyone to know they have asthma, because it labels them or makes them feel embarrassed. However, after attending OAS, they see they are not alone and they gain the skills and confidence to fully participate in activities they previously had avoided.”

One parent commented, “This program helps empower the children to take ownership of their asthma, and learn key skills and techniques to help them in everyday situations. They learn about their medications and the importance of taking them when and how they should.”

Another parent shared, "My daughter never complains about taking her "puffer" (inhaler) in public anymore- she knows more about her symptoms, and knows what she needs to do in any possible situation. Before the OAS program, my daughter used to call home every day from school, complaining about her asthma. After the OAS program, she stopped calling home, was no longer scared to take her medications, and she learned strategies to help her relax when she was having a difficult time breathing.”

The OAS program also helps parents better understand and support their child's asthma. Each lesson is designed with a take-home assignment or message the child is to share with their family. They are encouraged to talk about what they learned and practice new techniques.

One volunteer instructor related that a few children from her OAS class helped out a fellow OAS classmate during gym. The child was having a difficult time breathing during an activity, but the teacher didn't know the child had asthma. The other children from the OAS class told the teacher that the child had asthma, and needed to take a break. The child was able to take a break and as a result did not have an asthma attack.

Cherissa Wood shared the future vision for OAS saying, “It is our goal to expand this program in the coming years so more schools and children outside the Wasatch front have the opportunity to benefit from OAS. We look forward to our continued relationship with StoresOnline and encourage other business to get involved in this life changing program.”

Mr. Sanderson concluded, “As a business, StoresOnline is committed to making a difference by providing entrepreneurs and small business owners the tools and training they need to survive and thrive on the internet. Getting behind and supporting an entrepreneurially driven program like OAS is a natural extension of our company values as OAS is also focused on providing the right tools and training so children with asthma can also survive and thrive in school and in life.”

For more information on the OAS program contact:
Cherissa Wood
Program Manager
American Lung Association of Utah
1930 South 1100 East
SLC, UT 84106
Phone: 801-931-6992 ex 492
Fax: 801-484-5461
http://www.lungutah.org/

About StoresOnline
StoresOnline provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, StoresOnline offers site development, web hosting and marketing products. StoresOnline typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. StoresOnline is a trademark of StoresOnline, Inc.

CONTACT:
StoresOnline, Inc.
Jeff Korn
801-431-4695
jkorn@storesonline.com

iMergent Fourth Quarter and Year End Financial Results

2008-08-26T19:17:00.000-06:00

iMergent to Hold Fiscal Fourth Quarter and Year End Financial Results Conference Call on September 4, 2008

OREM, Utah, August 13, 2008 – iMergent, Inc. (AMEX: IIG) announced it will hold its fiscal fourth quarter and year end 2008 financial results conference call on Thursday, September 4, 2008 at 1:30 p.m. Pacific Time or 4:30 p.m. Eastern Time. Donald Danks, chief executive officer, Brandon Lewis, president and chief operating officer, Robert Lewis, chief financial officer and Jeff Korn, general counsel, will deliver prepared remarks and conduct a question and answer session.

The conference call will be broadcast live over the Internet at file:///C:/Documents%20and%20Settings/brendan/Local%20Settings/Temporary%20Internet%20Files/www.imergentinc.com. If you do not have Internet access, the telephone dial-in number is 800-639-0297 for domestic participants and 706-634-7417 for international participants. Please dial in five to ten minutes prior to the beginning of the call at 1:30 p.m. PT (4:30 p.m. ET). A telephone replay will be available three hours after the call through September 8, 2008 by dialing 800-642-1687 for domestic callers or 706-645-9291 for international callers and entering access code 60268194.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

CONTACT:
Rob Lewis, CFO
iMergent, Inc.
801-431-4695
investor_relations@imergentinc.com

Investor Relations Contact:
CFO Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

iMergent Reaches Settlement with the State of North Carolina

2008-08-26T19:14:00.001-06:00

iMergent Reaches Settlement with the State of North Carolina

- Company to resume business in North Carolina -

OREM, Utah, August 6, 2008 - iMergent, Inc. (AMEX: IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, announced it agreed to a Consent Judgment with the Office of the Attorney General of the State of North Carolina on Monday, August 4, 2008. The judgment, when entered by the court will allow iMergent to immediately schedule workshops in North Carolina.

In 2007, the Attorney General of North Carolina filed an action claiming iMergent sold a business opportunity and violated Consumer protection statutes. The State received a temporary injunction prohibiting iMergent from transacting sales and requiring iMergent to issue refunds to any North Carolina customer who requested a refund. The following is a result of the July 2008 agreement.

The injunction is lifted, and iMergent is permitted to schedule workshops.

There is no finding iMergent is a seller of a business opportunity and no finding of wrongdoing. The settlement does not limit iMergent’s ability to conduct business in the state.
iMergent agreed to certain actions intended to clarify its business practices.

iMergent agreed to pay fees totaling $90,000 and refund any customers in North Carolina who may file claims within 60 days given the claim includes a declaration issued under penalty of perjury that the customer has been unable to activate a web site and get it fully operational. Management does not expect the refunds will be material as it has refunded all customers who have made a request under the terms of the injunction.

Jeff Korn, iMergent general counsel, said, “I want to thank the Attorney General of North Carolina, who took the time to learn and understand our business. The Office operated in good faith to recommend changes to our presentations, which helped to clarify our business practices. We are always willing to take any reasonable action that assists in making our sales practices transparent to regulators and, most importantly, our customers. We believe our StoresOnline™ Express model has substantially helped in our ability to negotiate the agreement, which lifts the injunction previously in place. Customers who purchase StoresOnline Express have the opportunity to test our best of breed software and award winning customer service before purchasing an upgrade to StoresOnline Pro. We are hopeful our continued improvements in our presentations and service will assist in resolving any other outstanding disputes.”

Don Danks, CEO, stated, “Once again, after study of our business model with StoresOnline Express and Pro, we have been able to resolve a long standing dispute. We are pleased this matter has been resolved, and we intend to return to North Carolina shortly.”

Before the stock market opened today, the company filed an SEC Form 8-K.

Safe Harbor
Statements made in this press release regarding (1) iMergent transacting business in the State of North Carolina and scheduling workshops (2) the settlement resolving outstanding matters with the State of North Carolina, (3) the lifting of the injunction (4) the settlement not affecting continued operations in the State of North Carolina, (5) Imergent addressing issues to clarify its business practices, (6) iMergent refunding any customers in North Carolina who may file claims within 60 days given the claim includes a declaration issued under penalty of perjury that the customer has been unable to activate a web site and get it fully operational (7) the expectation that the refunds will not be material, (8) changes to iMergent presentations, which help to clarify business practices, (9) iMergent being willing to take any reasonable action that assists in making sales practices transparent to regulators customers, (10) that the StoresOnline™ Express model has substantially helped in the ability to negotiate the agreement, (11) that customers who purchase StoresOnline Express have the opportunity to test the best of breed software and award winning customer service before purchasing an upgrade to StoresOnline Pro, (12) continued improvements in presentations and service will assist in resolving any other outstanding disputes, (13) that study of iMergent business model with StoresOnline Express and Pro have resulted in the ability to resolve a long standing dispute and (14) the Attorney General of the State of North Carolina taking the time to fully understand Company presentations are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007, and Forms 10-Q for the periods ended September 30, 2007, December 31, 2007, and March 31, 2008.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

CONTACT:
StoresOnline, Inc.
Jeff Korn,
801-431-4695
jkorn@storesonline.com

Investor Relations Contact:
CFO Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

StoresOnline Sponsors Utah Jazz Event

2008-07-24T16:12:00.000-06:00

StoresOnline Sponsors Utah Jazz Event
Summer marks the beginning for a host of hot new NBA prospects as the league holds the annual rookie draft followed by summer league action. The Utah Jazz, coming off another successful season, are heavily involved in these activities. StoresOnline is pleased to sponsor both events in their ongoing support of the Utah Jazz.

“Having StoresOnline sponsor the Utah Jazz draft activities and the Rocky Mountain Review is a natural,” said Brandon Lewis, President of StoresOnline. “The draft marks the beginning of an exciting journey for these rookies and it is a journey very similar to that of the entrepreneurs and small business owners we serve online every day. NBA rookies must have the right tools, the right training and of course good coaching. At StoresOnline we provide entrepreneurs the right online tools with our ecommerce solutions, the right training on powerful internet marketing strategies and, through our partners, the right coaching that can help them succeed online.”

Don Danks, CEO of StoresOnline, commented, “Utah is an entrepreneurial state and the Jazz have proven that a small market NBA team can compete by having an entrepreneurial strategy for success. StoresOnline is pleased to support entrepreneurial ideals here locally and around the world.”

Utah Jazz President Randy Rigby stated, “StoresOnline has been a wonderful partner for the Jazz and we appreciate their commitment to the team and the community. With Larry H. Miller as owner, we also believe entrepreneurs make a difference and applaud StoresOnline’s efforts to serve the online needs of entrepreneurs and small business owners.”The StoresOnline sponsored Utah Jazz draft activities were held on June 24 at the EnergySolutions Arena. The Rocky Mountain Review began on July 18th and runs through July 25th at Salt Lake Community College Taylorsville Redwood Campus. For game times and tickets see www.utahjazz.com.

About StoresOnline
StoresOnline provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, StoresOnline offers site development, web hosting and marketing products. StoresOnline typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. StoresOnline is a trademark of StoresOnline, Inc.

CONTACT:
StoresOnline, Inc.
Jeff Korn,
801-431-4695
jkorn@storesonline.com

iMergent, Inc. Announces Quarterly Dividend

2008-06-10T15:40:00.000-06:00

iMergent, Inc. Announces Quarterly Dividend

OREM, Utah, June 10, 2008 - iMergent, Inc., (AMEX: IIG), today announced that its board of directors has declared a quarterly dividend of $0.11 per share on the company’s common stock. The dividend is payable on June 30, 2008 to stockholders of record at the close of business on June 20, 2008.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Robert Lewis
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
CFO Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

iMergent Reaches Settlement with State of Oregon

2008-06-10T13:30:00.000-06:00

- iMergent Reaches Settlement with the State of Oregon -
- Business in Oregon not affected -

OREM, Utah, May 30, 2008 - iMergent, Inc. (AMEX: IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, announced the Office of the Attorney General of the State of Oregon and iMergent consented to an Assurance of Voluntary Compliance which was entered on May 28, 2008. The Settlement resolves outstanding matters with the State and does not affect continued operations in Oregon.

Under the terms of the agreement, the company expressly denied any wrongdoing or that it had made any misrepresentations and agreed to make certain disclosures regarding the software sold by the Company and the services provided by the Company. There were no refunds required in the settlement; however, iMergent agreed to pay costs of $ $33,000 to the State of Oregon.

Jeff Korn, iMergent general counsel, said, “We are pleased to resolve another long standing investigation. This settlement supports our intention to aggressively work with regulators to resolve issues that arose prior to our adoption of the StoresOnline Express business model. The disclosures required by the settlement have already been incorporated in our presentations. We would like to thank the office of the Attorney General of Oregon for a thorough review of our activities and working openly with us.”

Don Danks, CEO, stated, “We believe our ability to address issues with regulators has been greatly assisted by the change to our StoresOnline Express business model as well as our superb customer service exemplified by the Excellence in Service Operations certification by the Service & Support Professionals Association (SSPA) announced in January.”

Before the stock market opened today, the company filed an SEC Form 8-K

Safe Harbor
Statements made in this press release regarding iMergent (1),continuing business in Oregon (2) that the settlement resolves outstanding matter with the State, (3) settlement does not affect continued operations in Oregon, (4) continuing to work with regulators to address outstanding issues, (5) complaints reviewed in this actions being issues prior to adopting the StoresOnline Express business model, (6) disclosures required by the settlement have already been incorporated in presentations and (7) ability to address issues with regulators has been greatly assisted by the change to StoresOnline Express business model as well as our superb customer service are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007, and Forms 10-Q for the periods ended September 30, 2007, December 31, 2007, and March 31, 2008.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

iMergent to Hold Third Quarter Fiscal 2008 Financial Results Conference Call on May 6, 2008

2008-05-12T14:23:00.000-06:00

Mon Apr 14, 2008 8:05am EDT OREM, Utah

iMergent, Inc. (AMEX:IIG) announced it will hold its third quarter fiscal 2008 financial results conference call on Tuesday, May 6, 2008
at 1:30 p.m. Pacific Time or 4:30 p.m. Eastern Time. Donald Danks, chief executive officer, Brandon Lewis, President and chief operating
officer, Robert Lewis, chief financial officer and Jeff Korn, general counsel, will deliver prepared remarks and conduct a question and answer session.

The conference call will be broadcast live over the Internet at http://www.imergentinc.com/.  If you do not have Internet access, the telephone dial-in number is 800-639-0297 for domestic participants and
706-634-7417 for international participants. Please dial in five to  ten minutes prior to the beginning of the call at 1:30 p.m. PT (4:30
p.m. ET). A telephone replay will be available three hours after the call through May 8, 2008 by dialing 800-642-1687 for domestic callers
or 706-645-9291 for international callers and entering access code 43250110.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or
ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help
users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and
customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its
target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product
opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users
on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:

iMergent, Inc.
Rob Lewis, CFO
801-431-4695
investor_relations@imergentinc.com

or

Kirsten Chapman
Lippert/Heilshorn & Assoc.
 415-433-3777 (Investor Relations)
kchapman@lhai.com

iMergent Reaches Settlement with the State of Connecticut

2008-05-12T14:21:00.000-06:00

iMergent Reaches Settlement with the State of Connecticut
April 2, 2008 8:05 AM ET

iMergent, Inc. IIG, a leading provider of eCommerce software for small businesses and entrepreneurs, announced the Office of the Attorney General of the State of Connecticut and iMergent entered into an agreement on April 1st to enter a Final Judgment of Stipulation. The settlement resolves outstanding matters with the State of Connecticut and does not affect continued operations in Connecticut.

Jeff Korn, iMergent general counsel, said, "We have continued to work with regulators to address outstanding issues. While the company only received 14 complaints from customers in Connecticut since January 1, 2006, we were pleased to resolve the two-year non-public review and discussion of our business practices. We would like to thank the office of the Connecticut State Attorney General for working with us. Fourteen complaints as a percentage of customers we have seen is quite small. We think that is indicative of our excellent practices, support and service. We attempt to address all complaints expeditiously. We stand ready to satisfy any legitimate customer or regulatory concern. We strive to deliver transparency to regulators, shareholders and, most importantly, our customers."

Under the terms of the settlement and without an admission of any liability, iMergent refunded certain customers approximately $65,000 and agreed to pay the state of Connecticut's costs of approximately $65,000. The company also agreed to make certain disclosures regarding the software sold and certain disclosures related to sales representations made by the company.
Before the stock market opened today, the company filed an SEC Form 8-K.

Safe Harbor
Statements made in this press release regarding iMergent (1) entering into a agreement to enter a Final Judgment of Stipulation, (2) that the settlement resolves outstanding matters with the State of Connecticut, (3) settlement does not affect continued operations in Connecticut, (4) continuing to work with regulators to address outstanding issues, (5) receiving only 14 complaints from customers in Connecticut since January 1, 2006, (6) that 14 complaints as a percentage of customers seen is quite small, (7) providing excellent practices, support and service, (8) addressing all complaints expeditiously and standing ready to satisfy any legitimate customer complaint or regulatory concern and (9) striving to deliver transparency to regulators, shareholders and, customers are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007, and Form 10-Q for the periods ended September 30, 2007 and December 31, 2007.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Contact Information:
iMergent, Inc.
Robert Lewis, CFO
801-431-4695
investor_relations@imergentinc.com

Kirsten Chapman,
Lippert/Heilshorn & Associates
415-433-3777 (Investor Relations)
kchapman@lhai.com.

StoresOnline Receives Certification of Excellence in Service Operations From the SSPA

2008-01-17T11:14:00.000-07:00

Visit CNNMoney.com Today for the Original Article

OREM, Utah, Jan. 17, 2008 (PRIME NEWSWIRE) -- StoresOnline, Inc., a subsidiary of iMergent Inc., (AMEX:IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, was awarded the Excellence in Service Operations certification by the Service & Support Professionals Association (SSPA). By awarding this certification, the SSPA recognizes the company has met the highest industry standards for support operations.

"To achieve this certification, StoresOnline(tm) met or exceeded 290 best practices criteria developed by the SSPA and validated by 50 leading technology companies," said Stephen Smith, executive director of SSPA . "In addition, it passed a rigorous onsite audit conducted by service executives with more than 20 years experience. When customers see the SSPA Excellence in Service Operations logo, they can be confident that StoresOnline has the people, processes and technology in place necessary to provide quality support."

Founded in 1989, SSPA has grown to become the largest and most influential industry trade group for technology service and support professionals. Its nearly 200 member companies represent tech support, field service and customer relations organizations around the globe.

"StoresOnline's top priority is exceptional customer support as we provide eCommerce solutions for small businesses and entrepreneurs," said Robert Schow, Vice President of Customer Operations, StoresOnline. "In September 2007, we were awarded the SSPA 's 2007 Star Award for Service Excellence in Consumer Support. In November, 2007 Stores Online's technical support organization engaged in the SSPA Organizational Development Program undergoing thorough audits and testing of our technical support operations, which we are proud to announce resulted in SSPA 's prestigious Excellence in Service Operations certification."

"We understand the impact that high quality service and support can have on our customers and our competitive position in the marketplace," added Brandon Lewis, iMergent's President and COO. "Over the past several years our goal has been to become the leading provider of eCommerce software solutions while maintaining our commitment to our customers. Most recently, we expanded our product line by launching our StoresOnline Express platform. We are excited about how the market is receiving both our StoresOnline Express and StoresOnline Pro products as we continue to rollout StoresOnline Express and train our sales and support teams."

Don Danks, CEO of iMergent, said, "We continue our focus on providing best of breed products, services and support to the entrepreneur and small business markets. Everyone at iMergent is enthusiastic and energized about the prospects for the future of our company."

Safe Harbor Statement
Statements made in this press release regarding iMergent and StoresOnline (i) meeting or exceeded 290 best practices criteria developed by the SSPA and validated by 50 leading technology companies, (ii) customers can be confident that it has the people, processes and technology in place necessary to provide quality support (iii) passing a rigorous onsite audit conducted by service executives with more than 20 years experience, (iv) top priority being exceptional customer support and providing eCommerce solutions for small businesses and entrepreneurs, (v) having undergone thorough audits and testing which resulted in certification of excellence in service operations after the SSPA 2007 Service Excellence in Consumer Support Award, (vi) understanding the impact that high quality service and support can have on customers and the competitive position of the company in the marketplace, (vii) goal of becoming the leading provider of eCommerce software solutions while maintaining the commitment of excellent customer service to the customers of the company, (viii) market successfully receiving both StoresOnline Express and StoresOnline Pro products while the company continues to rollout StoresOnline Express and train its sales and support teams, (ix) continuing its focus on providing best of breed products, services and support to the entrepreneur and small business markets, (x) that the company is energized about the prospects for the future, and other statements that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations and beliefs of the management of iMergent and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007 and its Form 10-Q for the quarterly period ended September 30, 2007. The company undertakes no obligation to update this forward-looking information, except as required by law.

About the SSPA
As the industry's foremost professionals association, the Service & Support Professionals Association (SSPA) is a key resource for the information and best practices needed to make better business decisions. It brings together the best minds from across the industry spectrum -- from established companies with successful track records to the pioneering newcomers with out-of-the-box ideas. The SSPA also partners with thought leaders such as J.D. Power and Associates and the Wharton School to create programs that benefit the industry. The SSPA is a member of a global network of associations that includes the Technology Professional Services Association (TPSA) and the Association for Services Management International (AFSMI). For more information, visit www.thesspa.com.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
iMergent, Inc.
Robert Lewis, CFO
801.431.4695
investor_relations@imergentinc.com

or

Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
dbailey@lhai.com

StoresOnline Participates In Festival of Trees

2007-12-04T16:21:00.000-07:00

Visit Forbes Today for the original article

STORESONLINE PARTICIPATES
IN FESTIVAL OF TREES
StoresOnline works with BYU Athletic Department to Decorate Tree
Tree Raises $4,000 for Primary Children’s Medical Center

OREM, Utah, November 30, 2007 – StoresOnline, a leading provider of eCommerce software and solutions for small businesses and entrepreneurs, donated a tree for the annual Festival of Trees. Its tree, decorated with help from StoresOnline employees, Brigham Young University’s (BYU) Athletics Department and Utah County resident Barbara Graf, sold for $4,000 with proceeds benefiting Primary Children’s Medical Center.

“Our company is honored to do what it can to positively affect the community,” said Brandon Lewis, president of StoresOnline. “We strongly believe in the mission and miracles performed each day at Primary Children’s Medical Center. We look forward to making this an annual event.”

Started in 1971, the Festival of Trees auctions donated Christmas Trees decorated by families, businesses and organizations. Since its first year when the Festival raised $47,000, fundraising has increased each year, with more than $1.5 million raised in 2006. This year’s attendance was expected to exceed 80,000 visitors between Nov. 28 and Dec. 1, and showcase more than 800 trees.

“Because of the donations we receive each year and the many volunteer hours given, we’re able to donate 100 percent of all monies received to Primary Children’s Medical Center,” said Rachelle Johnson of the Festival of Trees. “We’re so very thankful for companies like StoresOnline who take an active role in helping the community. Their donation is going to help a lot of needy children.”
StoresOnline was pleased work alongside other members of the community, including BYU’s Athletics Department, in the fundraising opportunity.

“Brigham Young University was happy to work with StoresOnline (with whom we’ve had a longstanding relationship) to decorate a tree,” said Casey Stauffer, assistant general manager of BYU-ISP Network. “We’re pleased with the results and excited to have participated for such a deserving cause.”

Altee Satterfield of Riverton, Utah, has experienced firsthand the benefit Primary Children’s Medical Center provides for the state. “When you have a sick child at Primary Children’s Medical Center during the holidays, it is so comforting to know that there are people and companies who care enough about you and your family that they’re willing to give so much,” Satterfield said. “We’ve worked with StoresOnline through its involvement with the Utah Cystic Fibrosis Research Foundation and appreciate how sincerely they take their role in the community.”

“This has been a phenomenal experience for our company, our employees and our friends,” said Jeremy Roberts, corporate relations director of StoresOnline. “Primary Children’s Hospital does so much good for our state. We are honored to take part in the Festival of Trees.”

About StoresOnline
StoresOnline is an e-services company that offers e-commerce technology, training and a variety of Web-based technology services to help small-business owners and entrepreneurs build and maintain fully functional e-commerce Web sites.

About Brigham Young University
Founded in 1875 and located in Provo, Utah, Brigham Young University is owned and operated by The Church of Jesus Christ of Latter-day Saints. It is one of the nation’s largest private universities and is accredited by the Northwest Commission on Colleges and Universities.

About Primary Children’s Medical Center
Primary Children’s Medical Center is the pediatric center serving five states in the Intermountain West - Utah, Idaho, Wyoming, Nevada and Montana. The 232-bed facility is equipped and staffed to treat children with complex illness and injury. PCMC is owned by Intermountain Healthcare, a non-profit health care system. In addition, it is affiliated with the Department of Pediatrics, University of Utah, integrating pediatric programs, research and training for childhood problems. The hospital is located in a beautiful facility designed to meet the special needs of children and their families. For more information, visit www.intermountainhealthcare.org/xp/public/primary.

iMergent Announces Preliminary Approval of Settlement of all Derivative Litigation

2007-11-12T14:24:00.000-07:00

Visit Businesswire.com Today for the original article

iMergent Announces Preliminary Approval
of Settlement of all Derivative Litigation

OREM, Utah--(BUSINESS WIRE)--iMergent, Inc., (AMEX:IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, announced the Third Judicial District Court in and for Salt Lake County of Utah provided preliminary approval of a settlement agreement between the company and all derivative litigation filed in various courts in Utah.

Under the terms of the settlement, iMergent is to receive a payment of $3.3 million in insurance proceeds. The funds will be used to pay $2.8 million for the settlement of the class action settlement, discussed in Form 8-K filed by the company on September 21, 2007, and $500,000 for attorney fees to derivative counsel.

The settlement also calls for the company to adopt certain corporate governance measures as well as present certain items to a vote of the company’s shareholders. After final approval of the settlement and court approval of the class action settlement, the items that require a vote of the shareholders will be included in the next scheduled annual proxy statement. Additionally, after final
approval of the settlement and court approval of the class action settlement, all corporate governance items not requiring approval of the company’s shareholders, which have not already been adopted, will be adopted by the company.

Additional settlement terms have been filed in a Form 8-K with the Securities and Exchange Commission.

Safe Harbor Statement
Statements made in this press release regarding the company's (1) expectation of final approval of the Derivative Litigation settlement and (2) expectation of approval of the class action settlement are subject to certain risks and uncertainties in connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop
Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

iMergent Launches StoresOnline Express

2007-11-12T13:54:00.000-07:00

Visit Businesswire.com Today for the original article

iMergent Launches StoresOnline Express
Introduces New Version of its StoresOnline Software

Continues to Execute on Aggressive Growth Strategy
StoresOnline Express Distribution Model Expands Sales opportunity

First Quarter Fiscal 2008 Conference Call Scheduled for 1:30 PM
Pacific, 4:30 PM Eastern

“We believe the launch of StoresOnline Express will enable us to expand the number of customers we serve and our scope,” said Brandon Lewis, president of iMergent. “By leveraging our technology and scalable eCommerce infrastructure we expect to be able to deliver our solutions to a larger segment of the market, which we have not addressed in the past. StoresOnline Expressalso enables us to consider new distribution channels, including online direct sales and other opportunities. We anticipate a broader, larger product launch in the near future.”

Product Specifications:

-Features award-wining 24/7 chat support
-Professional customizable page designs
-WYSIWYG drag and drop page editor
-VeriSign secured eCommerce environment
-Integrated real-time credit card processing

“Entrepreneurs and small businesses have used eCommerce to become a key part of the economy worldwide,” Lewis added. “The Small Business Administration reports there are nearly 27 million small businesses in the United States and millions more worldwide. Recent polling suggests nearly 90 percent of small businesses in the United States either had no website or had a website with no e-commerce functionality. Our goal is to expand our reach into the huge entrepreneur and small business marketplace.”

“We saw an opportunity to provide an excellent solution to a segment of the eCommerce market,” said Donald Danks, CEO of iMergent. “We believe by introducing StoresOnline Express, a scalable version of our cutting-edge, best of breed technology, we have the potential to expand our business.”

“StoresOnline Express provides online entrepreneurs flexibility and control over their approach to eCommerce,” said David Rosenvall, CTO of iMergent. “We designed StoresOnline Express as a top of the line solution in this particular market. This solution also provides an upgrade path to StoresOnline Pro.”

“As you know, we conduct preview conferences that host hundreds of thousands of potential buyers each year followed by workshops that host only a small portion of those people,” Lewis continued. “By offering StoresOnline Express to preview conference attendees we hope to expand our potential customer base while growing our recurring revenue through hosting and support fees. StoresOnline Express is a perfect launch point for most online entrepreneurs. Now, our preview conferences can also generate revenue from StoresOnline Express, and our workshops will continue delivering the value added solutions and functions of StoresOnline Pro.”

Pricing and Availability
Following its proven model, iMergent began testing at a limited set of workshops in September and at its preview conferences in late October. The company plans on continuing to test its offer of StoresOnline Express to potential customers at the company’s previews and workshops and hopes to roll out this offering in all of its conferences by the end of March 2008, if not sooner. The company also intends to offer StoresOnline Express online through various channels including the “New Features” section of the StoresOnline web site. The software will initially retail for $199 with $24.95 per month for hosting and customer support.

Danks concluded, “We continuously invest in research and innovation to offer cost effective, sophisticated and highly competitive, yet user-friendly technologies. Our philosophy is to provide solutions to entrepreneurs and small companies, at every stage of development, to better manage and maximize their businesses. We are following that philosophy with StoresOnline Express. As the marketplace continues to expand we are poised to lead out and capture this growth with innovative technologies.”

Conference Call
The company’s First Quarter Fiscal 2008 conference call will be broadcast live over the Internet at www.imergentinc.com. If you do not have Internet access, the telephone dial-in number is 800-639-0297 for domestic participants and 706-634-7417 for international participants. Please dial in five to ten minutes prior to the beginning of the call at 1:30 p.m. PT (4:30 p.m. ET). A telephone replay will be available three hours after the call through November 8, 2007 by dialing 800-642-1687 for domestic callers or 706-645-9291 for international callers and entering access code 19978945.

Safe Harbor
Statements made in this press release regarding iMergent's product StoresOnline Express and other statements that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations and beliefs of the management of iMergent and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, without limitation, (1) that express provides a scalable, simplified, single web site solution. (2) that the Company in releasing express is expanding in size and scope, (3) thatthe Company in releasing StoresOnline Express is able to provide a better solution in a segment of the eCommerce market (4) that StoresOnline Express will provide a scalable version of the Companies cutting-edge, best of breed technology (5) that the Company will leveraging its technology and scalable eCommerce infrastructure and accordingly will be able to deliver its solutions to a larger segment of the market which the Company has not addressed in the past (6) that the Company distributes StoresOnline Express at preview sessions, at workshops and, eventually, online, (7) that the Company continually evaluates market trends and is developing new product offerings which will enable the Company to reach its target audiences, (8) that the Company can expand its reach into the huge small business and entrepreneur market place as a useful top of the line solution in this particular market (8) that Express provides an upgrade path to StoresOnline Pro (9) that the introduction of StoresOnline Express allows the Company to expand its reach to potential buyers at preview conferences and online, (10) that the Company plans on continuing to test its StoresOnline Express to potential customers at the company’s previews and workshops and can roll out this offering to all customers (11) that StoresOnline Express will have the enumerated feature set, (12) that the Company does and will continue to conduct preview conferences which host hundreds of thousands of potential buyers each year followed by workshops (13) that the offer of StoresOnline Express for sale at the preview session will expand the potential customer base of the Company (14) that the Company will continue to offer cost effective, sophisticated and highly competitive, yet user-friendly technologies to help entrepreneurs and small companies better manage their businesses (14) that in offering StoresOnline Express to preview attendees the Company will increase its customer and accelerate recurring revenue and (15) that the market for the Company will continue to grow and it is poised to capture this growth with innovative technologies. For a more detailed discussion of factors that affect iMergent's operations, please refer to the Company's Form 10-K for the year ended June 30, 2006 and its Form 10-Q for the quarterly period ended September 30, 2006. The Company undertakes no obligation to update this forward-looking information.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, helping users build a successful Internet strategy to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In connection with Internet software, iMergent also offers Web site development, Web hosting, marketing and mentoring products and services. iMergent typically reaches its target audience through concentrated direct marketing efforts to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where experts train potential users on the software and services and assist them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent Inc.

iMergent Announces Preliminary Approval of Settlement of all Derivative Litigation

2007-11-12T13:49:00.000-07:00

Visit Insurance Newsnet Today for the original article

iMergent Announces Preliminary Approval
of Settlement of all Derivative Litigation

OREM, Utah--(BUSINESS WIRE)--October 31, 2007--iMergent, Inc., (AMEX:IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, announced the Third Judicial District Court in and for Salt Lake County of Utah provided preliminary approval of a settlement agreement between the company and all derivative litigation filed in various courts in Utah.

Under the terms of the settlement, iMergent is to receive a payment of $3.3 million in insurance proceeds. The funds will be used to pay $2.8 million for the settlement of the class action settlement, discussed in Form 8-K filed by the company on September 21, 2007, and $500,000 for attorney fees to derivative counsel.

The settlement also calls for the company to adopt certain corporate governance measures as well as present certain items to a vote of the company’ s shareholders. After final approval of the settlement and court approval of the class action settlement, the items that require a vote of the shareholders will be included in the next scheduled annual proxy statement. Additionally, after final approval of the settlement and court approval of the class action settlement, all corporate governance items not requiring approval of the company’ s shareholders, which have not already been adopted, will be adopted by the company.

Additional settlement terms have been filed in a Form 8-K with the Securities and Exchange Commission.

Safe Harbor Statement
Statements made in this press release regarding the company's (1) expectation of final approval of the Derivative Litigation settlement and (2) expectation of approval of the class action settlement are subject to certain risks and uncertainties in connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, helping users build a successful Internet strategy to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In connection with Internet software, iMergent also offers Web site development, Web hosting, marketing and mentoring products and services. iMergent typically reaches its target audience through concentrated direct marketing efforts to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where experts train potential users on the software and services and assist them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent Inc.

Company Contact:
Robert Lewis
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

iMergent Reaches Settlement with the State of Louisiana

2007-11-12T13:43:00.000-07:00

Visit Stockhouse Today for the original article

iMergent Reaches Settlement with the State of Louisiana
and the Louisiana Consumer Protection Section

OREM, Utah, Oct 29, 2007 (BUSINESS WIRE) iMergent, Inc., (AMEX:IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, announced the Attorney General of the State of Louisiana and iMergent entered in an Assurance of Voluntary Compliance on October 26. The settlement resolves outstanding matters with the State of Louisiana and, as a result, does not require the company to register as a business opportunity nor does it restrict the company from doing business in Louisiana.

Jeff Korn, iMergent general counsel, said, "We would like to thank the office of the Louisiana State Attorney General, for working with us to resolve these issues. We are happy to have reached a mutually beneficial settlement that provides additional and useful disclosures to iMergent's customers."

Under the terms of the settlement and without an admission of any liability, iMergent has agreed to make certain refunds and a payment to the Louisiana Department of Justice Consumer Enforcement and Education Fund. The total amount to be paid by the company is $75,000. The company also agreed to make certain disclosures regarding the software sold and certain disclosures related to sales representations made by the company.

Donald Danks, CEO of iMergent, said, "We were confident throughout the process that the matter would be resolved amicably, nonetheless, we are thrilled to have put this issue to rest. We remain focused on growing our business and returning value to our shareholders."

Korn added, "We continue to proactively work with regulators and believe this resolution demonstrates the intent of the company to act in good faith to resolve any outstanding issues. The company will continue to work to make its business transparent to both regulators and, most importantly, our customers."

Safe Harbor Statement
Statements made in this press release regarding the company's (1) expectation that the disclosures in the settlement will provides additional and useful disclosures to iMergent's customers; (2) expectation that the Company will act in good faith to resolve any outstanding issues with any regulatory authority, and (3)expectation that the Company will continue to focus on growing its business and returning value to its shareholders are subject to a number of risks and uncertainties that could cause actual results to differ materially form those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, helping users build a successful Internet strategy to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In connection with Internet software, iMergent also offers Web site development, Web hosting, marketing and mentoring products and services. iMergent typically reaches its target audience through concentrated direct marketing efforts to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where experts train potential users on the software and services and assist them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent Inc.

Company Contact:
Robert Lewis
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
CFO Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

iMergent Reaches Agreement With the Utah Division of Consumer Protection

2007-11-12T13:29:00.000-07:00

Visit Yahoo Finance Today for the original article

iMergent Reaches Agreement With the
Utah Division of Consumer Protection
Thursday October 25, 8:05 am ET

Division Withdraws Petition Requesting Registration as a Business Opportunity; iMergent Withdraws Petition With the Department of Commerce for Review

OREM, Utah--(BUSINESS WIRE)--iMergent, Inc., (AMEX:IIG - News) a leading provider of eCommerce software for small businesses and entrepreneurs, announced it was notified on October 22, 2007 by the Utah Division of Consumer Protection that the division has dismissed its petition requesting iMergent to register as a business opportunity. As part of the agreement, the company agreed to disclosures intended to clarify the company’s business model.

Jeffery Korn, general counsel for iMergent, said, “I want to thank the Utah Division of Consumer Protection and, in particular, Francine Giani, executive director of the Utah Department of Commerce. While we have had a protracted disagreement about the applicability of regulations, we were able to sit down and have an open and honest discussion. Francine was willing to roll up her sleeves and work on an agreement that provides additional and useful disclosures to iMergent's customers and provide the protections the division sought.”

Donald Danks, CEO of iMergent, said, “Throughout this process, we have been confident the matter would be resolved amicably. We have continued to focus on growing our business and returning value to our shareholders. Nonetheless, we are thrilled to have put this issue to rest.”

Korn added, “I hope this resolution shows the intent of the company to act in good faith to resolve any outstanding issues with any regulatory authority. The company will continue to work to make its business transparent to both regulators and, most importantly, our customers.”

Safe Harbor Statement
Statements made in this press release regarding the company's (1) expectation that the disclosures in the settlement will provides additional and useful disclosures to iMergent's customers; (2) expectation that the Company will act in good faith to resolve any outstanding issues with any regulatory authority, and (3) expectation that the Company will continue to focus on growing its business and returning value to its shareholders are subject to a number of risks and uncertainties that could cause actual results to differ materially form those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007.

Company Contact:
Robert Lewis
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
CFO Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

IMergent Reaches Agreement With Utah Consumer Protection Department

2007-11-12T13:23:00.000-07:00

Visit Reuters Today for the original article

for the original article

Oct 25 (Reuters) - IMergent Inc (IIG.A: Quote, Profile, Research) said it reached an agreement with the Utah Division of Consumer Protection, and the division has withdrawn its petition requesting iMergent to register as a business opportunity.

iMergent Update on Australia and California

2007-11-12T13:02:00.000-07:00

Visit Yahoo Business Today for the original article

iMergent Update on Australia and California

iMergent, Inc., (AMEX:IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, provides update on Australia and California litigation.

On October 19, 2007, the Federal Court of Australia New South Wales District Registry ruled on a request for an injunction by the Australian Competition and Consumer Commission (ACCC). The court declined to enter an injunction that would bar iMergent from conducting business in Australia.

The court, on a temporary basis, did not limit the company's ability to conduct business in Australia but did require the company to provide information to the ACCC and provide certain disclosures to purchasers. The court has directed the parties to agree on the form of the orders giving effect to reasons by the court, by October 26, 2007. The court has not yet scheduled a hearing on the request for a permanent injunction.

Consequently, the company is proceeding with the scheduled workshops in Australia during the week of October 22, 2007. The company expects to fully comply with the orders of the court.

On October 16, 2007, the company received an order from the California Court of Appeals dated October 12, 2007 that denied the writ of supersedeas filed with the California Court of Appeals. The writ was filed in an attempt to stay enforcement of the preliminary injunction entered by the Ventura County Superior Court on the grounds that the preliminary injunction constitutes a mandatory injunction mandating such a stay. The denial was without explanation and does not affect any right of the company to appeal the underlying ruling or the actual entry of the injunction.

Safe Harbor Statement
Statements made in this press release regarding the company's, (i) the Company's belief that it notify customers of the right to rescind and provide the specified disclosures, (ii) the expectation of the Company that it should be able to agree to most of the terms in the ACCC's requested permanent injunction, and (iii) that the Company will be able to hold the six seminars scheduled in Australia the week of October 22, 2007, are subject to a number of risks and uncertainties that could cause actual results to differ materially form those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Company Contact:
Robert Lewis
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
CFO Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

StoresOnline Partners With ATTO Solutions

2007-11-09T16:19:00.000-07:00

Visit ABC7Chicago.com Today for the original article

StoresOnline Partners With ATTO Solutions

iMergent, Inc. (IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, announced its partnership with ATTO Solutions, LLC, which provides small parcel management, to offer discount shipping services with DHL and other leading national small parcel carriers to StoresOnline Pro merchants using links available directly through iMergent’s eCommerce software platform became available as of May 3rd.

By using the ATTO Solutions links, StoresOnline Pro merchants will receive shipping discounts as well as access time and money saving solutions. Merchants wishing to utilize the shipping tools simply access the service through the new features section of the user maintenance website. This option now offers discounts to iMergent merchants for their shipments and adds to the UPS and United States Postal Service (USPS) shipping feature StoresOnline already offers merchants.

ATTO Solutions will pay iMergent commissions based on merchant shipping charges. Revenue will be record as commissions and other revenue.

“In line with our strategy to provide our customers with the most robust toolset to efficiently run their businesses, this service increases the shipping choices and provides efficiencies typically available to only much larger operations,” stated Don Danks, chairman and CEO officer of iMergent. “Having built a large merchant base, iMergent is able to leverage our merchants’ collective buying power to negotiate on their behalf for better and better deals on services they need and use daily. Also as a small parcel management service offering discount services through our agreement with ATTO Solutions, we expect to realize a recurring revenue stream. This furthers our goal of creating valuable relationships that will provide ongoing revenue to iMergent.”

Rate Options: StoresOnline Pro enables merchants to provide
their customers with the ability to compare, price and select shipping
services that best fit their needs and budgets from any of the leading
national small parcel carriers. This tool allows for real-time rates
and shipping calculations and displays the outcome based upon package
specifications.
Shipping Features: StoresOnline Pro merchants can process
shipments and print labels directly from the StoresOnline Pro
platform. Merchants can also schedule a pickup whenever or wherever
needed.

Safe Harbor
Statements made in this press release regarding iMergent's (i) partnership with ATTO Solutions, LLC, (ii) iMergent providing total freight solutions, to offer small parcel discount shipping services through DHL and other nationally recognized freight carriers to StoresOnline Pro merchants, (iii) iMergent's StoresOnline Pro merchants receiving shipping discounts as well as accessing time and money saving solutions, (iv) ATTO Solutions paying iMergent commissions based on merchant shipping charges, (v) iMergent's strategy of providing its customers with the most robust toolset to efficiently run their businesses, (vi) iMergent's ability to leverage their merchants’ collective buying power to negotiate better deals on services they need and use daily, (vii) iMergent realizing a recurring revenue stream from this or other partnership, (ix) iMergent's goal of creating relationships that will provide ongoing revenue, and other statements that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations and beliefs of the management of iMergent and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, without limitation, the Company's continued ability to provide domestic and international workshops; the continued ability to sell ATTO Solutions; the functionality of ATTO Solutions; the ability of this partnership as well as other partnerships to build upon the Company's existing technologies; the ability of ATTO Solutions to provide customers with cost effective, technologies to help better manage and expand their businesses; For a more detailed discussion of factors that affect iMergent's operations, please refer to the Company's Form 10-K for the year ended June 30, 2006 and its Forms 10-Q for the quarterly periods ended September 30, 2006 and December 31, 2006. The Company undertakes no obligation to update this forward-looking information.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services, helping users build a successful Internet strategy to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In connection with Internet software, iMergent also offers Web site development, Web hosting, marketing and mentoring products and services. iMergent typically reaches its target audience through concentrated direct marketing efforts to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where experts train potential users on the software and services and assist them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent Inc.

Company Contact:
Robert Lewis
iMergent, Inc.
801.431.4695
investor_relations@imergentinc.com

Investor Relations Contact:
Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com

About iMergent ABC7Chicago.com

2007-11-09T15:34:00.000-07:00

Visit ABC7Chicago.com Today for the original article

iMergent Inc. (IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, signed an agreement with Microsoft adCenter, a pay-per-click advertising platform for budgets of all sizes, to integrate Microsoft’s new tools and features into StoresOnline Pro beginning May 21st. iMergent will earn a commission for each adCenter account setup through StoresOnline.

Don Danks, CEO of iMergent, stated, “We are committed to seeking relationships with companies such as Microsoft that can provide valuable assistance to our StoresOnline merchants’ overall success while creating additional revenue streams for iMergent. Pooling the collective buying power of the growing number of StoresOnline merchants is expected to increase our ability to secure additional valuable relationships that can provide our merchants with products, services and tools to improve site traffic.”

Microsoft adCenter is an effective, low-cost way to get new customers to find a merchant’s business. The agreement provides all StoresOnline merchants with:

A $50 credit toward advertising when setting up a new Microsoft adCenter account;
Microsoft adCenter minimum cost-per-click of $0.05, on par with
Google’s and half the cost of Yahoo!’s;
and
A low set up base with Microsoft adCenter of $5 to begin bidding on search term placement.

“We believe the Microsoft adCenter search tools make building and maintaining a solid pay-per-click campaign easier, more predictable and much more powerful than other solutions,” said Jason Porter, VP of Business Development for iMergent. “StoresOnline has consistently led eCommerce software technology to create best-of-breed solutions; as such, we targeted Microsoft adCenter as a partner. Also, when a merchant sets up a $5 Microsoft adCenter account via StoresOnline he or she will have earned a $55 advertising credit.”

Prior to the StoresOnline integration of Microsoft adCenter, Microsoft staff will educate StoresOnline staff to train StoresOnline merchants to use Microsoft adCenter.

Safe Harbor
Statements made in this press release regarding (i) iMergent's agreement with Microsoft adCenter, (ii) iMergent providing the Microsoft adCenter pay-per-click advertising platform for budgets of all sizes, to integrate Microsoft’s new tools and features into StoresOnline Pro, (iii) iMergent earning a commission for each account setup through StoresOnline, (iv) iMergent seeking relationships with companies such as Microsoft that can provide valuable assistance to StoresOnline merchants’ overall success while creating additional revenue streams for iMergent, (v) iMergent being able to pool the collective buying power of the growing number of StoresOnline merchants enabling iMergent to secure additional valuable relationships that can provide their merchants with products, services and tools to improve site traffic, (vi) that Microsoft adCenter is an effective, low-cost way to get new customers to find a merchant’s business (vii) that Microsoft adCenter search tools make building and maintaining a solid pay-per-click campaign easier, more predictable and much more powerful than other solutions, (viii) that iMergent’s StoresOnline has consistently led eCommerce software technology to create best-of-breed solutions (ix) iMergent realizing a recurring revenue stream from this or other agreements, and other statements that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations and beliefs of the management of iMergent and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, without limitation, the Company's continued ability to provide domestic and international workshops; the continued ability to sell Microsoft adCenter; the functionality of Microsoft adCenter; the ability of this relationship as well as other relationships to build upon the Company's existing technologies. For a more detailed discussion of factors that affect iMergent’s operations, please refer to the Company's Form 10-K for the year ended June 30, 2006 and its Forms 10-Q for the quarterly periods ended September 30, 2006, December 31, 2006 and March 31, 2007. The Company undertakes no obligation to update this forward-looking information.

Green Gold: Online Marketing Strategies, Healthy Lifestyle Trend Help

2007-11-02T13:12:00.000-06:00

Visit The Daily Herald for the original article

Green Gold: Online Marketing Strategies, Healthy Lifestyle Trend Help
Boost Springville Wheatgrass Kit Retailer's Sales

It's been hailed as one of nature's superfoods. Said to be high in nutritional content, wheatgrass juice, which is made from sprouted wheat berries, is believed to have the ability to cleanse the body, neutralize toxins, slow the aging process and even purportedly prevent cancer.

But to the uninitiated taste bud, it can be hard to swallow at first.

Wheatgrass, which is 10 to 14 days of grown grass, is said to be high in chlorophyll, which in chemical composition closely resembles that of hemoglobin, a protein that carries oxygen in the bloodstream.

"Because wheatgrass is a living food, taking one ounce of wheatgrass juice daily is like having a supershot of vegetables," said Kaitlin Moller, founder of Wheatgrasskits.com in Springville.

But getting it down the hatch is another matter because the smell of freshly pulped grass juice can be daunting. "Just hold your nose and take it in one gulp," Moller says. How it started
The love of wheatgrass runs in Moller's family. She was inspired to start her own company because her mother, KK Fowlkes, started a home-based business, Western Wheatgrass, in Holloday in the early '90s. Fowlkes used to grow wheatgrass and deliver it to local healthfood stores, juice bars and spas in Utah. But she sold the business in 1994 after moving to Israel.

With less than $5,000 in start-up financing, Moller began selling grow-it-yourself wheatgrass kit supplies out of her garage in Mapleton in 2000, making less than $150,000 in her first year of operation. The need for more space for inventory, packaging and an office soon prompted her move to a 1,300-square-foot location in Springville. The business, which hopes to make between $1.3 million and $1.5 million in sales this year, placed fourth in Brigham Young University's student entrepreneurship competition in 2002. Moller is now considering expanding her business to a 6,000-square-foot building in Springville.

Moller attributed her company's strong sales growth to her brother, Parker Garlitz, whose online marketing strategies yielded dividends. "We had experimented with selling the wheatgrass kits through the classifieds in healthfood magazines," she said. "But we couldn't reach the volume of customers we wanted. We also did a direct mail catalog to existing customers. But that didn't do much either." Marketing strategies
Things changed when Garlitz began marketing the kits on the Internet through Orem-based Web hosting solutions provider iMergent Inc. "Without the Internet, we probably wouldn't even have a business," Moller said. "The cost of magazine advertising was even more than what we made in sales in our first year. But on the Internet, we can reach our target market more easily and faster. And my brother is experienced in that area."

"I started by selling printer supplies through iMergent's StoresOnline in 1999," said Garlitz, a business management graduate of BYU. "They taught us marketing strategies like how to do paid-search marketing, or sponsored listings. That means I pay the company whenever someone visits my Web site, wheatgrasskits.com. We usually get 2,000 hits on average per day."

The company is on paid and unpaid listings on Google, E-Bay and Amazon.com, and also advertises through a free monthly online newsletter to its 25,000 subscribers. "We advertise on comparison shopping engines like dealtime.com and frugal.com. We also do live directories, which is a Web site that our site is linked to that allows visitors to browse by topic," Garlitz said.

Not only does marketing online keep overhead costs lower, the Internet also helps get the word out about wheatgrass, Moller said. "Not many people know the health benefits of wheatgrass. And we need to use caution when we make claims about those benefits because the Food and Drug Administration isn't superfriendly to the raw foods industry. We can't make those health claims without going through drug trials. So we cite reports from authors of healthfood books, people who've written about the benefits of wheatgrass, and also add testimonials from our customers," she said.

Future Plans
Today Moller sells more than 150 products, including wheatgrass, barley grass, mushroom and soykits, herb and sprouting kits, juicers, smoothie makers, blenders, wheatgrass and barley seeds, healthfood books, gardening supplies and even live earthworms for composting purposes.

But the company is looking at growing its family of products to include gardening kits that can grow salad greens, herbs, sprouts, and even mushrooms year-round. "For the mushroom kits, we would provide the spores of shitake, maitaki and oyster, the growing substrate, or sawdust, a humidity tent which would provide the right moist climate for growth and growing instructions," Moller said.

"It's completely organic and more fun because you're growing it yourself. We're also expanding into flower garden starter kits, and working on our fourth Web site, flowergardenkits.com."

Internet Kits Inc. doing business as Wheatgrasskits.com
Founded in September 2000
Owners: Kaitlin Moller and brother, Parker Garlitz
Industry: Online retailer of wheatgrass and barley grass kits, herb, soymilk kits, juicers, blenders, composting supplies, and healthfood books

Retail costs: Wheatgrass kit, which costs $29.95, includes a book about wheatgrass, trays, soil, seed, growing instructions, and minerals for the soil. The barleygrass kit retails for $21.95, while the mushroom kits cost between $20 and $30. The soykits cost between $60 and $100.

Location:
Corporate headquarters at 64 W. 600 North, Suite 2, Springville.
Start-up costs: Under $5,000
Work Force: Seven employees
Contact: 801-491-8700

Web sites: Wheatgrasskits.com, herbkits.com, soykits.com

StoresOnline Success Story

2007-11-02T12:52:00.000-06:00

Visit Atlanta & Company for the original article and video

StoresOnline Success Story

One of the most alluring myths of the 20th century was that all you had to do was build a website and the buyers would come. Guess what? Internet marketing isn't quite that simple. However, with training, support and a solid understanding of the dynamic technology of the Internet, you will be able to bring qualified traffic to your site.

StoresOnline training is available from a variety of sources to suit individual interests needs. Their training provides Internet merchants with the insights and methods necessary to gain the advantage over average, online merchants.

Ryan Moore, owner of SilkScreeningSupplies.com, received training from StoresOnline . Now the company makes over 10 million dollars a year, but that has not stopped Moore from continuing his training with the company that helped him get started. He says with every new training session he attends, his company rises to a new level. You can hear more of his story on the video clip of his interview.

For more information on how you too can have the success Ryan Moore has achieved, visit StoresOnline

StoresOnline's Announces Availability of New eStore Toolkit

2007-11-02T12:15:00.000-06:00

Visit News Wire Today for the original article

StoresOnline announces the availability of its new eStore Toolkit for users of its recently upgraded e-commerce software platform, StoresOnline Pro v5.0

StoresOnline, a leader in the e-services marketplace, today announced the availability of its new eStore Toolkit for users of its recently upgraded e-commerce software platform, StoresOnline Pro v5.0. The new toolkit provides a plethora of new services to better help Internet business owners capitalize on their loyal customers and expand their reach to wider audiences.

The StoresOnline eStore Toolkit is a groundbreaking, yet optional, Web-based suite of software tools that includes a number of new features designed to expand the benefit offering to entrepreneurs. The new suite provides users with six additional features/capabilities:

* Link monitoring;

* A bulk e-mailer (with a built-in autoresponder system);

* An HTML e-Newsletter Generator;

* An HTML e-Coupon Generator;

* A Web analytics tool for tracking e-mail campaigns; and

* An automated product submission tool for comparison-shopping portals.

"We are very excited to be able to offer this enhanced eStore Toolkit to our customers," said David Rosenvall, StoresOnline's chief technology officer. "To help our clients better navigate the constantly changing landscape of online sales, promotions and marketing, we decided to upgrade our toolkit offering. The kit brings users a whole new set of features and capabilities, making our clients the best-equipped and most well-prepared e-commerce retailers on the Web."

According to Rosenvall, the principal designer of the toolkit, an important new feature available through this smartly priced package is the innovative link-monitoring tool that helps to maintain relevant inbound and outbound links. "This tool utilizes a process to constantly update the inbound and outbound links on users' Web sites to help keep the sites ranked competitively by the search engines, which helps drives more traffic to those sites," Rosenvall said.

The suite also adds entirely new marketing capabilities with its permission marketing tools, allowing users to send bulk e-mails with high-quality autoresponder technology. Clients using the StoresOnline eStore Toolkit will also be able to generate and distribute HTML newsletters or company coupons to their member lists, all in keeping with the look and feel of their Web site and brand. Another new feature offered in the eStore Toolkit is statistical tracking that allows users to track the success of their e-mail campaigns.

One final aspect of the toolkit is its ability to have individual products automatically submitted to auction and comparison-shopping portals like Froogle and eBay®. "This innovative suite helps online vendors leapfrog the typically drawn out process of submitting individual products for sale on the Web's most popular shopping portals," Rosenvall said.

Historically 90 percent of StoresOnline's customers choose to purchase the marketing supplement to its e-commerce software package, The StoresOnline Pro v5.0 eStore Toolkit is exclusively available to StoresOnline clients at a price of $399 for clients with three e-commerce sites and $499 for those with four e-commerce sites.

For additional information about StoresOnline, its new eStore Toolkit or its customers' success stories, please visit the StoresOnline Website or call (801) 227-0004.

About StoresOnline
StoresOnline is an e-services company that offers e-commerce technology, educational training and a variety of Web-based technology services to help small business owners and entrepreneurs build and maintain fully functional e-commerce Websites.

California Mom-Turned-Entrepreneur Boosts Company’s Bottom Line with Help from StoresOnline

2007-11-01T15:33:00.000-06:00

Visit News Wire Today for the original article

California Mom-Turned-Entrepreneur Boosts Company’s
Bottom Line with Help from StoresOnline

Diana Blair used to mow lawns seven days a week to help provide for her family. Now, in her third year as a small business owner, this mother of three can spend her afternoons sipping lemonade while her company’s revenues have soared, reaching more than $380,000 in 2005.

“I originally started my own online store to allow me a break from mowing lawns on the weekends,” Blair said. “After just three short months, my company was bringing in about $66,000 in gross sales, so I was more than happy to quit mowing lawns and focus on selling maps online.”

Mrs. Blair, who is a self-proclaimed “big believer” in Thomas Guide Books, decided to begin an online store selling wall maps, folded map, road atlases and Thomas Guide books on the Internet. She named her business Map Books 4 U and has found numerous inexpensive and user-friendly ways to advertise her products and online map store. A resident of Nuevo, California, Blair attended a StoresOnline Web clinic in 2003 where she was introduced to the world of Internet sales and marketing.

With the help of StoresOnline, she gradually incorporated pay-per-click strategies and Internet search term optimization into her marketing approach. Her home-operated business has seen remarkable growth, generating $286,000 in gross sales in 2004 and handily passing that figure in 2005.

“Sales from my business have jumped dramatically as a result of effective online marketing,” Blair said. Her store is currently a leading distributor for Rand McNally, and she has been approached by National Geographic about selling its maps online at her site as well. Blair recently bought out a competitor’s business and has already refused a buyout offer of more than $250,000 for her own growing company.

“Diana’s story is fantastic because she worked like crazy to make it happen,” said Brandon Lewis, President of StoresOnline. “Along with her family, she has turned her small business into a true success and, according to her, it has changed their lives forever. We know it’s tough for entrepreneurs to make it when they start from the ground up, but our products and services can be a successful tool to help thousands of small businesses establish a meaningful online presence.”

StoresOnline offers comprehensive e-commerce store options and innovative software perfectly suited for entrepreneurs like Blair. Its simple format and superior customer service helped her launch her online store quickly and seamlessly.

For additional information about StoresOnline and its customers’ success stories, please visit the Website or call (801) 227-0004.

About StoresOnline
StoresOnline is an e-services company that offers e-commerce technology, training and a variety of Web-based technology services to help small business owners and entrepreneurs build and maintain fully functional e-commerce Websites.