OREM, Utah--(BUSINESS WIRE)--Nov. 19, 2007--iMergent, Inc., (AMEX:IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, conducted its 2007 annual shareholder meeting on Thursday, November 15, 2007 at the company's corporate headquarters at 754 East Technology Avenue in Orem Utah.

The company's shareholders ratified the following,

  • The election of Robert Kamm, Brandon Lewis and Craig Rauchle to the board of directors under the new staggered terms of service; and
  • The appointment of Tanner LC as the company's independent registered public accounting firm.

Amendment to the company's 2003 Equity Incentive Plan to increase the number of shares available for grant was not ratified. Although 72 percent of the voting shares favored the plan, an insufficient number of votes were received to ratify the proposal.

About iMergent

iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the Company sells its proprietary StoresOnline software and training services, helping users build a successful Internet strategy to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting, marketing and mentoring products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Conference, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

iMergent, Inc.
Robert Lewis, CFO, 801-431-4695
Lippert/Heilshorn & Associates
Investor Relations:
Kirsten Chapman/Dahlia Bailey, 415-433-3777

SOURCE: iMergent, Inc.