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CESAREA, Israel & LAS VEGAS, Sep 29, 2004 (PRIMEZONE via COMTEX) -- InterAge Ltd. (Pink Sheets:ITGJ) CEO Kobi Freund today issued the following corporate update. This follows the earlier announcement of the successful completion of the reverse merger and the change of trading symbol.

Dear Shareholders,
"We are pleased to provide our shareholders with the following
corporate update.

"Since 1994 InterAge has been providing leading companies with
integrated web marketing solutions and e-business development.
Experience has shown that setting up a site is just one component of
doing business on the web and our solutions enable companies to
leverage their web sites to successfully market on the Internet.

Our considerable expertise in the field of web marketing includes:

- Planning the client's Internet marketing strategy - i.e. how to
sell the product through the web.
- Formulating the web-marketing concept.
- Defining the target population, including conducting market
research.
- Designing the website in line with the defined strategic
and marketing concepts.
- Developing the mechanism for the website's software engines and
Back Office.
- Real-time analyses of marketing reports and recommend action to
maximize results from the web site.

"Now that InterAge is publicly traded, we believe we are better positioned to grow our business. This includes expanding our presence in Europe and the US through joint ventures and possible acquisitions of companies in complementary businesses.

"We also want to accelerate development of unique products for web marketing to complement our existing range of products and services. Our focus is on tools to track critical search revenue metrics to evaluate and maximize the effectiveness of web marketing.

"We are very excited about the opportunities for our company. We see shareholder value as a top priority and we look forward to continuing to update you with our progress. I would like to thank you all for your support of InterAge"

About InterAge

InterAge Ltd, established in 1994, specializes in providing a comprehensive business and marketing approach to web marketing. The company operates under the trade name of ID-Knowledge and offers unique marketing design, development, and advanced web marketing technology to give clients an integrated web marketing solution. These solutions include, formulating marketing concept and strategy, market research, managing email marketing, search engine optimization, and web design. The company is headquartered in Cesarea, Israel and has a European office in London, England.

For more information, please contact Kobi@id-knowledge.com or visit us on the Web at www.id-knowledge.com

Forward-Looking Statements

Certain statements in this news release may contain "forward-looking" information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.

SOURCE: InterAge Ltd.

InterAge Ltd.
Kobi Freund, CEO
Kobi@id-knowledge.com www.id-knowledge.com