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01.11.2011 13:30

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Martin Walsh Joins Elevate to Lead Mergers and Acquisitions

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Elevate, Inc. (OTCBB:HGLB), today announced the addition of Martin Walsh to its executive team. Mr. Walsh will serve as general counsel and take lead on the company’s strategic acquisitions.

Mr. Walsh brings with him extensive legal experience in corporate practice, including a previous in-house position with a technology startup. His area of expertise includes corporate finance, mergers and acquisitions, and general corporate legal matters.

"Marty will make a valuable asset to Elevate as we accelerate the execution of our acquisition strategy," said Wright Thurston, Chairman and Chief Executive Officer of Elevate. "He possesses strong transactional expertise, a flair for negotiation, and a creative approach to investment structuring that will ensure our interests in the many deals at which we’re currently looking. M&A’s represent a major component of our growth strategy, and we’re excited to have Marty’s help in such a crucial part of our plans.”

Mr. Walsh will manage strategic acquisitions, dispositions, joint ventures and corporate restructurings. He will be tasked to anticipate legal and business issues and problems, and will design and execute strategies to mitigate risk and achieve superior value.

Prior to joining Elevate, Mr. Walsh was managing partner of a private practice law firm focusing on emerging growth companies and corporate and business transactions. Mr. Walsh received his law degree with concentrations in business transactional law and taxation from St. Louis University School of Law, and his undergraduate degree in Finance and Economics from St. Louis University’s John Cook School of Business.

Elevate provides data, voice, video, mobile and security solutions in 22 major markets through a network of independent Certifiable Geniuses.

Forward-Looking Statements

Certain statements, including this release, contain certain statements, other than purely historical information, including: estimates, projections, statements relating to our business plans, objectives, expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements. Forward-looking statements are identified by the words "believes," "project," "expects," "anticipates," "estimates," "intends," "strategy," "plan," "may," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are based on current expectations and assumptions, and are subject to risks and uncertainties, which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a materially adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and changes in generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including additional factors that could materially affect our financial results, can be found at our website www.goelevate.com, and in our filings with the SEC.

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