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Innovest Global Inc. Announces Plans to Begin Energy Division’s National Expansion With Two Regional Business Development Offices Set To Open, Call Center Effort Planned, and Strong Leadership

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CLEVELAND, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Innovest Global Inc. (OTC PINK:IVST) is pleased to announce plans to continue expanding its energy division’s footprint on a nation scale. The Company is set to open two regional business development offices: one in Grand Rapids, Michigan and the other in Demopolis, Alabama.

Through the new regional offices, Innovest plans to aggressively search for strategic partnerships with qualified business development professionals and electricians. The business development team at the regional offices will be focused on rigorous client acquisition, lead sourcing, and local outreach. We plan to implement extensive training procedures at our regional offices to ensure that Innovest Global’s trademark quality customer service will be fully represented. The geographic expansion will dovetail with a call center operation for expanding into the small commercial energy businesses, adding to the current midsize range clients. This also marks a strategic deployment of another Innovest holding, the recently acquired call center business, a primary value-added component of Innovest’s model.

Innovest is also pleased to announce that this progress coincides with current president of Shepherd Energy Solutions, Damon Mintz, leading the entire Innovest Energy Group effort. This includes the expansion, and active vetting of potential acquisition opportunities within Innovest’s Energy pipeline. Mr. Mintz has a decorated history within the energy sector, which has involved founding and managing companies generating revenues between $10-$30 million annually, and personally adding tens of thousands of energy customers through sales and marketing efforts for energy suppliers.

“Damon is a natural leader, and a proven rainmaker in the energy business,” said Innovest Global CEO, Dan Martin. “Shepherd came under the Innovest umbrella recently, and since that time he has initiated so much expansion and growth, and industry referrals, with so much enthusiasm, that the best way we could capitalize on that was to give him authority over the entire energy effort. I couldn’t ask for anything more from a new team, and that work ethic and attention to detail is why I believe Innovest is poised to surpass our goals.”

“Energy is moving to a single source efficiency model, and I feel like we are hitting the bullseye for how to grow,” said Damon. “We joined Innovest because we believed in the Innovest model and saw Innovest as a way to multiply our success, and to say that the system is working for us is an understatement. We couldn’t be happier with the decision and I’m so excited to take on the additional responsibility. It’s a great fit.”

More about Damon Mintz:

Damon is a seasoned Energy Executive who literally has been in the energy industry since he was a young boy. Damon grew up “on the rig” as his father was the Founder and President of North Coast Energy, one of the largest oil and gas exploration companies in the Midwest. After completing his college studies and professional sports career, Damon entered the Energy industry again and his accomplishments in energy are well established.

As founder and president of The Dereg Group, he built national sales network of over 10,000 independent sales associates, acquired approximately 50,000 residential and small commercial energy customers, and generated over $30 million per year in energy revenues. As founder and CEO of Utility Choice International, he ran the Executive operations of a direct sales energy brokerage, which within two years generated over $10 million in revenue. He subsequently consulted for energy companies ranging from midsized, to a multi-billion dollar public company, before ultimately focusing on being a single source procurement, management, and energy efficiency program which is now the foundation of the Innovest Energy Group.

Look for much more information to come soon. As noted consistently, the company will increasingly use Twitter, which can be accessed both on Twitter @innovestglobal and on the front page of our website www.innovestglobal.com, for important company updates. This includes information that may be material, so please follow us and visit our website regularly! For more information on Innovest contact info@innovestglobal.com, or call Innovest investor Relations Matt Rego at 216.815.1122.


Safe Harbor Statement: This news release contains "forward-looking statements", which are statements that are not purely historical and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. 

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Contact Information
Corporate Office:
(216) 815-1122
Twitter @innovestglobal