CHICAGO, Jan. 30, 2014 (GLOBE NEWSWIRE) -- ID Global Corp. (OTC:IDGC) is pleased to announce that it has been officially retained by Physicians Healthcare Management Group (OTC:PHYH) to assist in the restructuring of the company as well as an ongoing strategic partnership. IDGC will provide assistance related to the day to day operations, short term financing needs and the long-term vision of PHYH.
Sebastien DuFort, president and CEO, stated, "We have been working with Robert Trinka and his team for some time and are pleased to officially be retained to help assist him in achieving his vision. There is a lot of work to do and we look forward to a mutually beneficial relationship."
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well as controlling interests in established companies and special situation start-ups.
About Physicians Healthcare Management Group
Physicians Healthcare Management Group is a diversified holding company that focuses on investing its financial management and capital resources in emerging and growth companies that would benefit from becoming a public company, but lack the public company management expertise and financial resources to operate a fully reporting, publicly traded company on their own. Physicians Healthcare Management Group will target companies that have the right growth and profit characteristics covering a wide range of industries. Physicians Healthcare Management Groups' investments will be designed to be both accretive to the value of Physicians Healthcare Management Group and to deliver consistent returns from operations to its investors and shareholders.
Forward-Looking Statements
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of ID Global Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.