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Datameg Corp. Announces Engagement of RedChip Companies to Lead Investor Relations

SOURCE:

Datameg

2008-07-16 08:59:00

SALT LAKE CITY, UT–(EMWNews – July 16, 2008) – Datameg Corp. (OTCBB: DTMG), a

diversified holding company with subsidiaries in technology, food

packaging, and other injection-molded products, today announced that it has

engaged RedChip Companies, Inc. to lead its investor relations for

multimedia platforms. Through its subsidiaries, Datameg offers a wide range

of products and services, such as Voice over Internet Protocol monitoring

services and the recently announced eco-conscious “Green Line” for food

caterware and office products by Innovative Designs.

“We chose RedChip for their long-standing history as an investor relations

firm that delivers results and for their comprehensive portfolio of digital

IR products,” said Jim Murphy, CEO of Datameg. “We look forward to working

with RedChip’s team as they work to broaden awareness of our company to the

online investment community,” he added.

“We are excited about the opportunity to represent Datameg,” said Dave

Gentry, President and CEO of RedChip Companies, Inc. He added: “Datameg

has superior technology and, through its subsidiaries, is working within

one of the Internet’s fastest growth segments — Voice over IP services.

Their new environmentally friendly ‘Green’ product line is also generating

orders from some major chain suppliers and government agencies. I am

looking forward to implementing our comprehensive investor relations

programs and helping to increase their visibility to the investment

community.”

About Datameg Corporation

Headquartered in Salt Lake City, Datameg Corp. (OTCBB: DTMG) is a

diversified holding company with subsidiaries in the technology sector and

in food packaging and other injection-molded products industries. Datameg’s

wholly owned subsidiaries — Net Symphony and QoVox Corporation — design,

develop and offer network-wide fault identification, fault isolation and

voice quality assurance products as well as critical, real-time network

health and performance monitoring services for both providers and end users

of Internet telephony — now commonly referred to as Voice Over Internet

Protocol (VoIP). ComputerCtr.com, Inc. provides a wide range of technology

solutions and is a strategic technology supplier to QoVox and Net Symphony.

American Marketing and Sales, Inc. (d/b/a Innovative Designs) markets

finished food packaging products nationwide to major supermarkets and food

retailers. For more information on Datameg’s subsidiaries, visit the

Companies Web site at http://www.datameg.com/ir.html.

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial

public relations firm with offices in Orlando, Florida; Shanghai; and

Paris, with affiliates in Atlanta and New York. RedChip delivers concrete,

measurable results for its clients through its extensive national and

international network of small-cap institutional and retail investors.

RedChip has developed the most comprehensive platform of products and

services for small-cap companies, including: RedChip Research™,

Traditional Investor Relations, Digital Investor Relations, Institutional

and Retail Conferences, RedChip Internet TV™, and RedChip Radio™. To

learn more about RedChip’s products and services please visit:

http://www.redchip.com/visibility/productsandservices.asp.

“Discovering Tomorrow’s Blue Chips Today”™

Forward-Looking Statements

Certain statements contained herein are forward looking. These

forward-looking statements are based on our current expectations and are

subject to a number of risks, uncertainties and assumptions. Many factors

could cause actual results to differ significantly from these statement,

including our history of operating losses, our need for additional

financing, a failure of our products to perform as expected, introduction

of competing products by other companies, pressures on prices from

competitors and/or customers, regulatory obstacles to new product

introductions, lack of acceptance of our products and changes in the VoIP

and technology industries. These risks, uncertainties and assumptions are

detailed in documents filed by us with the Securities and Exchange

Commission. The Company cautions that the foregoing list of important

factors is not exclusive. Any forward-looking statements are made as of the

date of the document in which they appear. The Company does not undertake

to update any forward-looking statement that may be made from time to time

by or on behalf of the company.

Jordan Taylor

Jordan Taylor is Sr. Editor & writer from San Diego, CA. With over 20 years and 2650+ articles edited rest assured your Press Release will see traction.

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