Business
Annual ICR XChange Conference
Annual ICR XChange Conference.
About this update from Inspiration Healthcare Group Plc
[{"type":"text","content":"\n India Hospitality Corp.\n05 January 2007\n\n\nFOR IMMEDIATE RELEASE\n\n \n \nFOR FURTHER INFORMATION CONTACT: \n\nInvestor Relations Contact:\nWilliam Schmitt\n203-682-8200\n\n\n\nIndia Hospitality Corporation to present at the Ninth Annual ICR XChange \nConference\n\nNew York, NY. - January 5, 2007 - India Hospitality Corp. (LSE: IHC), today\nannounced that the Company will be presenting at the Ninth Annual ICR XChange\nConference on Wednesday, January 10, 2007 at the St. Regis Monarch Beach Resort\n& Spa in Dana Point, CA. The presentation will begin at 9:25 AM Pacific Time.\n\nInvestors and interested parties may listen to the webcast of these\npresentations by visiting the ICR website at \nhttp://www.icr-online.com/xchange/x9/attendee/webcast.htm at the appropriate\ntimes.\n\n\nAbout India Hospitality Corp. \n\nIndia Hospitality Corp. is a Special Purpose Acquisition Corporation (SPAC)\ncreated to initially pursue partnerships only of an Indian business, businesses\nor assets focused on the hospitality, leisure, tourism, travel and related\nindustries, including but not limited to hotels, resorts, timeshares, serviced\napartments and restaurants. While the Company's potential partnerships could\ncome from any of these sectors, the primary focus will be on the hospitality\nindustry. It expects to initially pursue these initiatives only in India. \n\nIn August 2006, the Company raised $100 million in an IPO and is listed on the\nAlternative Investment Market, 'AIM', a market operated by the London Stock\nExchange, under the ticker IHC. The Company is sponsored by Hayground Cove Asset\nManagement LLC, a New York-based investment management firm with approximately\n$2.0 billion under management. Jason Ader, the Company's Chief Executive\nOfficer and Chairman of the Board is the Chief Executive Officer of Hayground\nCove Asset Management. Mr. Ader has a strong background in the leisure and\nhospitality industries. Prior to founding Hayground Cove, he was Senior Managing\nDirector at Bear Stearns & Co., Inc., supervising coverage of the lodging and\nhospitality industry and was a top ranked analyst by Institutional Investor\nMagazine's All-American Research Team for nine consecutive years.\n\nThis press release contains certain forward-looking statements. Statements\ncontaining expressions such as 'may,' 'will,' 'projec...