Information Services Group Announces Share Purchases by Its Chief Executive Officer and Chief Financial Officer
09 Novembre 2009 - 10:00AM
PR Newswire (US)
STAMFORD, Conn., Nov. 9 /PRNewswire-FirstCall/ -- Information
Services Group, Inc. (ISG) (NASDAQ:IIINASDAQ:IIIIUNASDAQ:IIIIW), an
industry-leading, information-based services company, announced
today that Michael P. Connors, Chairman and Chief Executive
Officer, and David Berger, Executive Vice President and Chief
Financial Officer, have purchased 440,457 shares of ISG common
stock from Frank Martell, its former Chief Financial Officer. The
purchases were implemented in two separate private transactions
whereby Mr. Connors acquired 315,457 shares and Mr. Berger acquired
125,000 shares. Mr. Martell recently accepted a new senior
executive position with another company and intends to use the
proceeds in connection with his relocation to California. "I
believe these purchases reflect the confidence that David and I
have in ISG's future," Mr. Connors said. With today's purchase Mr.
Connors now owns 6.88% of ISG's outstanding shares. About
Information Services Group, Inc. Information Services Group, Inc.
(ISG) was founded in 2006 to build an industry-leading,
high-growth, information-based services company by acquiring and
growing businesses in advisory, data, business and media
information services. In November 2007, ISG acquired TPI, the
largest sourcing data and advisory firm in the world. Based in
Stamford, Connecticut, ISG has a proven leadership team with global
experience in information-based services and a track record of
creating significant value for shareowners, clients and employees.
For more, visit http://www.informationsg.com/. DATASOURCE:
Information Services Group, Inc. CONTACT: Media, Barry Holt,
+1-203-517-3110, ; or Investors, David Berger, +1-203-517-3104, Web
Site: http://www.informationsg.com/
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