The company is not in compliance with the AMEX requirements set forth in Sections 134 and 1101 of the AMEX company guide as it has not yet submitted its Form 10-K for the fiscal year ended June 30, 2005 and Form 10-Q for the period ended September 30, 2005, as announced on September 13, 2005 and November 15, 2005, respectively. The filings have been delayed due to the pending completion of the restatement and related appropriate audits and reviews of the 2002, 2003, 2004 and the first three quarters of fiscal 2005 financial statements. The company continues to believe it will be able to file its Forms 10-K and 10-Q and announce its audited fiscal 2005 results by January 31, 2006.

About iMergent

iMergent provides e-commerce solutions to entrepreneurs and small businesses enabling them to market and sell their business product or idea via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline(TM) software and training services, helping users build a successful Internet strategy and presence to market products/services, accept online orders, analyze marketing performance, and manage pricing and customers. In connection with software, iMergent offers site development, Web hosting, marketing and mentoring products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases.

iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

Safe Harbor Statement

Statements made in this filing that are not historical in nature constitute forward-looking statements within the meaning of the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations and beliefs of the management of iMergent and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, without limitation, the company's continued ability to maintain operations; our ability to file audited financial statements in a timely manner; the ability of the Company to file its 10-K; the possibility that we will not be able to meet the plan of compliance accepted by AMEX, and that we may not be granted by AMEX an additional extension of time to file our fiscal 2005 Form 10-K in order to avoid possible de-listing of our common stock from the AMEX; uncertainties that may be associated with any hearing or appeals that seek to avoid de-listing for failure to file timely periodic reports with the SEC; the ability to completely and timely file a restatement of prior period financial statements; delays in filing a restatement of prior financial statements based on the review by the Securities and Exchange Commission; the time required to complete and for our independent auditors to complete their review of the Form 10-K; the possibility the delay of determining historical financial statements, including revenue and expenses reported in prior periods; the possibility that these matters could be deemed to comprise a material weakness in the company's internal controls over its consolidated financial reporting could prevent the company timely meeting its future reporting requirements, including timely certification under Section 404 of the Sarbanes-Oxley Act of 2002; the results of Class Action suits filed as well as the potentiality of amended complaints or new proceedings being filed the possibility of inquiries of the company relating to the issues detailed herein. The company undertakes no obligation to update this forward-looking information.