| $10 million value of Phase 2 Cave Village Jamaica Acquired by ProConcept Marketing |
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| Friday, 27 June 2008 | |
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ProConcept Marketing Group, Inc. acquired Phase 2 of Cave Village. Phase 2 includes 200 acres of mountain top lots and in many cases entire mountain top estate lots with spectacular one-of-a-kind western facing, sunset views of the Caribbean Sea. The total development of Cave Village is 1078 acres on the “soothingly slower” south coast of the Caribbean paradise of Jamaica. The development features pristine 5 acre residential building lots, many overlooking the Caribbean Sea. Phase 2, is 200 acres currently under development and lots are retailing from $50,000 per acre with a minimum of 5 acres or $250,000 per lot. Joel Stohlman, CEO, stated “The decision to acquire Phase 2 of Cave Village offers ProConcept the opportunity to continue our lead in environmentally conscious development, construction, and the associated technology in the Caribbean and Latin America. Phase 2 of Cave Village continues the momentum established in Phase l and sets the stage for the continuous development of future phases of Cave Village.” E. Jason Stone, Director of Caribbean Marketing, stated: “The traffic, excitement, interest, and momentum generated world wide from Phase l of Cave Village, continues into Phase 2.” Peter Carbone, Director of Development, Cave Village Development, LTD. stated: “I have built more homes than the average person will visits in a lifetime, the homes that I built for clients in Boston/Connecticut/New Hampshire area combined didn’t excite me nearly as much as building here in Jamaica. The clients know that they have something truly special here at Cave Village and we are looking forward to a long and prosperous relationship with ProConcept Marketing Group, Inc.” For additional information, visit the company’s website at www.proconceptmarketinggroup.com or contact investor relations at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . About Cave Village: The South Coast is an area extending from Savana La Mar, about a 30 minutes drive from the Caribbean’s premier destination city, Negril, to Black River in the parish of St. Elizabeth. This area has been designated by the government as the last to be developed for tourism and is locally referred to as “The Beverly Hills” of Jamaica. About ProConcept Marketing Group, Inc. ProConcept Marketing Group, Inc. (Pink Sheets: PMKT), headquartered in Buford, Georgia, is a publicly traded company engaged in business acceleration, business management, and proprietary marketing strategies to major international corporations engaged in diverse industries. ProConcept manages the marketing and distribution of exclusive products and services globally, while involved in the manufacturing process and ownership of these products by creating compelling solutions to generate demand for its products and services. Source: Business Wire
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