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HSG Plans Corporate Relocation. St. Louis, Missouri & Arden North Carolina sited as possible choices.

July 25, 2008 – Homosassa, FL – On Friday Chairman & CEO Fareed Warrad announced that HSG plans to relocate its corporate headquarters and operations to another state. St. Louis Missouri and Arden North Carolina where two possible choices sited during the announcement. The decision comes on the heels of the announcement of the recent buyout of 1000 previously outstanding shares of HSG from Casey Christensen and is aimed at the expansion of the company.

"Citrus County Florida has served as an excellent home for our company up until now" Mr. Warrad said. "With the county's economic downturn we need to take drastic steps to insure the proper growth and expansion of our company"

HSG opened it's doors in Citrus County 5 Years ago as Novian Computers, prior to the merger of equals with PC IGNITION Phone Tech Support Services. "We hate to leave our local client base" continued Mr. Warrad. "But in order to insure the possibility of the availability of future services we need to make the right decision now"

HSG is currently looking for partner service providers to take over current client accounts and active warranty and service contracts. No immediate action is required on the client's part. HSG will announce its choice by early August 2008 and hopes to initiate it's move by mid to end of August 2008.

More information on this will be available shortly.

HSG Signs Affiliate Sales Agreement with Tiger Direct. Plans to merge Online Sales Division of Ignitia Computers & Electronics underway.

July 18, 2008 – Homosassa, FL – On Friday Ignitia, a service brand of HSG, partnered with Tiger Direct to sign an affiliate sales agreement to merge Ignitia Computers & Electronics online sales division with Tiger Direct and begin allowing Ignitia customers to purchase Tiger Direct products directly off of www.ignitiasolutions.com. Now I.C.E.'s online customers can have access to Tiger Direct's superior product line and customer service!

Local Citrus County, Florida customers can still call Ignitia to place a "Product Search & Quote Request". "We want our customers to know that they are not going to be forced to buy products from our new affiliates if they choose not to" Said Mr. Warrad, Chairman and CEO of HSG. "They may still call their service agent and place orders the way they have done in the past"

HSG Purchases all 1000 outstanding shares of HSG from Designs By Casey Founder Casey Christensen.

July 11, 2008 – Homosassa, FL – On Friday Chairman & CEO Fareed Warrad announced that HSG will be buying back all 1000 Outstanding shares previously owned by Former COO & President and now Founder of Designs By Casey, Casey Christensen for 92 cents per share. The transaction completed on July 11, 2008 making HSG Holdings, Inc wholly owned and independent.

HSG to shut down Ignitia Mobile, PC Geekz Networks. Will also dissolve remaining travel business assets.

July 9, 2008 – Homosassa, FL – On Wednesday Chairman and CEO Fareed Warrad announced due to the economic downturn the company will begin dissolving divisions such as Ignitia Mobile (joint venture with Sonopia/Verizon Wireless), and has abandoned it's PC Geekz Networks domain name and assets. HSG has also yet to sell off it's remaining travel business assets.

HSG management will also hold off on it's plans to re-launch it's File Grabber Now service until no later then early 2009. The current remaining divisions include

  • Ignitia ACS (Advanced Computer Services)
  • IBS (Ignitia Business)
  • Ignitia CE (Ignitia Computers & Electronics)
  • Ignitia/WebNotica Services

"The economic downturn has made it extremely difficult to focus on anything but our core business operations" said Mr. Warrad during the press conference. "We are working to better position HSG Holdings, Inc., and return it back to profitably" 

More information about the combination of brands will be available soon.  


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