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Invicta Group Inc. : The Invicta Group (IVIT) Signs a Joint Venture Agreement With Water Tower SurgiCenter, Chicagoland's Premi

^{Published on 2009-10-07 14:46:24 - Market Wire}
 

CHICAGO, IL--(Marketwire - October 7, 2009) - Invicta Group Inc. (PINKSHEETS: [ IVIT ]) announced that the Company has entered into a Joint Venture Agreement with the prestigious Water Tower SurgiCenter located at 845 N. Michigan Ave in Chicago. The main purpose of this new partnership is for the Invicta Group to help an established and successful location with management, marketing and new doctor recruitment.

The Water Tower Surgery Center is Chicagoland's premier same-day surgery center specializing in same day surgery for over 20 years. Over 50 staff physicians are board certified and performs their surgeries in our completely remodeled state-of-the-art facility. The center is located on Michigan Avenue (in Downtown Chicago) in the Prestigious Water Tower Building attached to the Ritz Carlton Hotel and includes approximately 40,000 square feet of the 9th floor.

Projected Revenues for 2010 are approximately $ 10,000,000 with Net Profits in the range of $ 2,000,000 to $ 2,500,000.

Dr. Paul Madison is the medical director for the Water Tower SurgiCenter. Dr. Madison attended Chicago Medical School receiving his medical degree in 1981. Completing an internship, residency, and fellowship at the prestigious University of Chicago Hospital and Clinics, he is Board Certified in Pain Management. His fellowship was completed at The University of Chicago Hospital in Critical Care, Pulmonary Medicine, and Pain Management. Dr. Madison has lectured extensively at medical seminars and has written extensively on the subject of Pain Management for medical publications.

Dr. Madison said, "I have been very impressed with everything the Invicta Group has to offer and I am looking forward to expanding and improving what I have started."

Invicta Group's CEO Paul Sorkin said, "Dr. Madison and all the center's staff physicians are very talented elite doctors. We are looking forward to getting more doctors involved to offer additional services and focus on exceeding the patients' overall expectations. This is an incredible opportunity for our shareholders and we are looking forward to the endless possibilities with our new business partner."

About Invicta Group, Inc.

INVICTA GROUP, Inc. (PINKSHEETS: [ IVIT ]) is a full service multimedia management and marketing company. Invicta utilizes a number of websites, a large database, event productions and promotions, and its experienced team to help clients manage, maintain and improve their overall businesses. Current projects include: Water Tower Surgical Center, TravelHotLink.com and TicketHotlink.com. The 4 Main websites are: [ www.IVITgroup.com ], [ www.WTsurgi.com ], [ www.TravelHotLink.com ] and [ www.TicketHotLink.com ].

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.