NEWPORT BEACH, Calif., Jan. 24, 2008 (PRIME NEWSWIRE) -- IFPG (OTCBB:IFDG) CEO/Chairman Mr. Richard Damion today announced the formation of a wholly owned subsidiary, Newport Digital Technologies (NDT). The subsidiary was created to support a working relationship with the Institute for Information Industry (III) in assuming and developing eGovernment projects. Mr. Damion commented, "This alliance along with the expanding opportunities surrounding the Inka Grill Franchise is a measure of our commitment to enhancing shareholder value. Our entry into the technology arena is underpinned by the strong alliance we have with one of the world's leading information technology institutes."
NDT expects to sign a Memorandum of Understanding (MOU) with III, when formalized will result in the managing of III business interests in wireless digital technologies as well as software products in North, South and Central America, Japan, and South Pacific countries. To facilitate the global infrastructure NDT offices are being planned in Taiwan and in Suva, Fiji to support III's projects, including eGovernment Passport Programs, National ID, Residential Information Systems, and WiMaX deployment for an eLearning infrastructure.
NDT is currently establishing the management for the new subsidiary. NDT senior advisors will include Dr. Peter Chou and Ms. Hsiao Hui Wu. Dr. Chou has over twenty years as a managing director in wireless technology companies and Ms. Wu is a senior digital design engineer with fifteen years experience working as an IT engineer for IBM, Sharp, Intel and LSI. NDT will also utilize III's technical team in San Jose to provide business development support.
About Institute for Information Industry (III): III is one of the world's leading information technology institutes, established in 1979, jointly sponsored by the Taiwan government and prominent private enterprises, for the purpose of strengthening the development of the information industry in Taiwan. www.iii.org.tw/english
Since its inception, III has been a source of vision, innovation, technological excellence and a major contributor to Taiwan's development as a significant player in the global ITC area. III has helped promote full utilization of ICT technologies, hence advancing the establishment of the modern information society in Taiwan. Three years straight, Taiwan has been voted number 1 for eGovernment readiness of 188 Countries.
About International Food Products Group, Inc: IFPG is a public company trading on the OTCBB with the ticker symbol "IFDG." The Corporate Offices are at 895 Dove Street, 3rd Floor, Suite 365, Newport Beach, CA, 92660. www.goldenchoice.com. IFPG was the manufacturer and marketer of a variety of food products including; Golden Choice 100% Colombian Roasted Coffees, Golden Choice Organic Harvest(tm) and Supreme Harvest(tm) lines of Frozen Fruits and Vegetables, and 100% Fresh Squeezed Pure Fruit Juices. Other products include; "Got Fries(r)," Just Popped(tm), and other fine domestic and imported food products.
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