BOCA RATON, Fla., March 25, 2011 (GLOBE NEWSWIRE) -- Imperial Holdings, Inc. (NYSE:IFT) ("Imperial"), a specialty finance company with a focus on providing liquidity solutions for individual life insurance policies and purchasing structured settlement payments, today announced that David Sasso has joined Imperial effective immediately as Director of Investor Relations. Mr. Sasso will report to Antony Mitchell, Chairman and CEO.
Mr. Sasso has an accomplished career in investor relations and corporate communications. He has counseled numerous domestic and international companies on a wide array of communications matters including investor and public relations, reputation management, and general corporate communications. His clients have included high-profile companies such as Comcast, Viacom, CBS, Blockbuster, Grupo Televisa, and DoubleClick. In addition to working with well-known companies, Mr. Sasso has worked closely with well over 100 small and micro cap public companies.
Recently, Mr. Sasso worked as a senior consultant with several small cap growth companies at American Capital Ventures. Mr. Sasso was also Vice President at Transax International in Miami, FL and Managing Director at MKTG Services in New York, NY. Prior to Transax and MKTG Services, he became Managing Director at KCSA Public Relations Worldwide, overseeing multi-million dollar budgets and assisting small cap companies in building their investor relations efforts. Earlier in his career, Mr. Sasso worked with The Abernathy MacGregor Group, a boutique financial communications firm, as well as Merrill Lynch & Co. as a debt marketing associate, both in New York, NY. Mr. Sasso holds a B.A. degree in English and Italian from the State University of New York at Albany.
Antony Mitchell, Chairman and Chief Executive Officer, commented, "As we recently completed our initial public offering, we understand the importance in creating a comprehensive investor relations program. We are committed to providing current and potential investors, analysts and the financial media with timely and detailed information about our company. As such, we are very pleased that David has joined the Imperial team. He brings vast experience working with CEOs and the senior management teams of many public companies, having assisted them in gaining valuable exposure while communicating their accomplishments. He will play an important role in the development of our investor relations program."
About Imperial Holdings, Inc.
Imperial is a leading specialty finance company that, through its operating subsidiaries, provides customized liquidity solutions to owners of illiquid financial assets. Imperial's primary operating units are Life Finance and Structured Settlements. In its Life Finance unit, Imperial purchases life insurance policies and provides loans to policyholders for the payment of premiums. In its Structured Settlements unit, Imperial purchases from individuals long-term annuity payments issued by U.S. domestic insurance companies. More information about Imperial can be found at www.imperial.com.
Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of Imperial Holdings, Inc. and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, and involve known and unknown risks and uncertainties. Although Imperial believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Imperial's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Imperial's periodic reports that are filed with the Securities and Exchange Commission and available on its website at www.sec.gov. All forward-looking statements attributable to Imperial or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, Imperial does not assume a duty to update these forward-looking statements.
CONTACT: Imperial Holdings, Inc. David Sasso, 561.672.6114 Director - Investor Relations IR@imperial.com www.imperial.com