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iMergent Announces Australia and New Zealand StoresOnline eCommerce Software Workshop Results

Results Confirm Success of International Expansion

OREM, Utah--(BUSINESS WIRE)--June 21, 2004--iMergent, Inc., (OTCBB:IMGG) a leading provider of eCommerce and software for small businesses and entrepreneurs, announced it recorded approximately $2.2 million of revenue from its recent workshops held in Australia and New Zealand. Additionally, the company added $387,000 in gross follow-up revenue to-date related to these workshops. The company's first visit to Australia during the fiscal second quarter netted $1.9 million in revenue.
During the course of the fiscal fourth quarter, iMergent visited thirteen geographic regions in Australia and New Zealand, conducting 20 full-day workshops to introduce potential customers to the StoresOnline(TM) platform. Each workshop taught potential customers the Internet marketing techniques needed to successfully open and promote an online business with iMergent's proprietary, easy-to-use StoresOnline eCommerce software.

Don Danks, chairman and chief executive officer, stated, "The international response to our StoresOnline opportunity has been nothing short of astounding. iMergent has now successfully expanded its business into four international markets: Canada, Australia, New Zealand and most recently, the United Kingdom. In fact, our initial feedback from the United Kingdom indicates similar levels of success, as each of our workshops has been completely booked. We have conducted workshops in all four markets during the quarter and expect to continue to visit at least one international market per month going forward."

iMergent will further discuss its international results during its fiscal 2004 fourth quarter results in August. More information can be found on the iMergent, Inc. web site at www.imergentinc.com.

About iMergent

iMergent provides eCommerce 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 software and training services, helping users build a successful Internet strategy to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to 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.

Statements made in this press release 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 increase revenue; continue to increase earnings; continue to expand business internationally; continue to increase the number of workshops; continue to decrease bad debt expense; continue to maintain/increase training events; the success of the MIT relationship; the continued ability to use loans to increase liquidity and capital resources; the continued acceptance of new customer services practices; the Company's ability to attract and retain key management and other personnel. For a more detailed discussion of factors that affect iMergent's operating results, please refer to its SEC reports including its most recent Form 10-K and Form 10-Q. The Company undertakes no obligation to update this forward-looking information.

Contacts


iMergent, Inc.
Don Danks, 801-431-4695
investor_relations@imergentinc.com
or
Lippert/Heilshorn & Associates (Investor Relations)
Brendan Lahiff & Kirsten Chapman, 415-433-3777
Brendan@lhai-sf.com

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