Imperiali Inc. Names Recent Babson College Standout as New VP

Today, Imperiali Inc. announced that it has named recent Babson College graduate, Jonathan Gelpey, as the company’s new Vice President of International Business Development.

[USPRwire, Thu Oct 05 2006] Today, Imperiali Inc. announced that it has named recent Babson College Graduate, Jonathan Gelpey, as the company’s new Vice President of International Business Development.

Most recently, Gelpey has completed his Bachelors Degree in Business Management at the prestigious Babson College in Boston, MA. where he concentrated in the Entrepreneurship department. The Arthur Blank Center for Entrepreneurship is internationally recognized as the top Entrepreneurship program in the world.

Imperiali Inc. fostered a philosophy of combining experienced international experts with exceptional standout youth resulting in a fast paced environment that achieves rapid growth while staying consistent to the practices and principles that generate success year in and year out.

Gelpey will be operating out of the West Palm Beach Headquarters, and Boston/New England area. In addition, Gelpey will be assisting in developing some of Imperiali’s interests in Israel. He is fluent in Hebrew.

Gelpey’s responsibilities as the new Imperiali Inc. Vice President of International Business Development will include identifying new advisory clients, equity investments on the company’s behalf, and working closely with C-level management in implementing the Imperiali Inc.’s overall business plan.

About Imperiali Inc. (www.imperiali.org)

Imperiali Inc. (www.imperiali.org) is a global business development company, founded by Daniel Imperato, with diversified assets and interests. Imperiali Inc. focuses on companies that wish to expand to international markets by investing and then assisting in the distribution, sales, marketing, manufacturing aspects of products and services around the world. Currently, through its management company, Imperiali Organization, has taken interest both in Imperiali Organization owned and operated businesses in the areas of internet search, public relations, merchandising, publishing, film, and sports as well as other non-affiliated companies. The Imperiali Organization is currently the official communications provider for Imperato-Brooks 2008 (www.imperato4president.com).


Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the Company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the Company's periodic filings with the Securities and Exchange Commission.

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