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IFEX

The International Freedom of Expression eXchange (IFEX), founded in 1992, is a global network of more than 60 non-governmental organisations that promotes and defends the right to freedom of expression. more...

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Managed by Canadian Journalists for Free Expression, IFEX harnesses the power of the Internet to rapidly exchange information and mobilise action on issues such as press freedom, Internet censorship, freedom of information legislation, criminal defamation and insult laws, media concentration and attacks on journalists, writers, human rights defenders and Internet users. A Clearing House in Toronto, Canada coordinates the programmes and activities of IFEX.

The membership of IFEX encompasses a broad array of organisations that work to defend journalists and media personnel, academics, photographers and camera operators, writers, cyber-dissidents, publishers, cartoonists, community radio stations and libraries.

Members include:

AMARC
ARTICLE 19
Committee to Protect Journalists
Ethiopian Free Press Journalists' Association
Freedom House
Hong Kong Journalists Association
Human Rights Watch
Index on Censorship
IFLA
International Federation of Journalists
International PEN
International Press Institute
PEN American Center
Reporters Without Borders
Society of Professional Journalists

IFEX is an important source of information for many intergovernmental bodies that monitor freedom of expression and other human rights, including the United Nations, Council of Europe, Organization for Security and Cooperation in Europe, European Union, Organization of American States, African Commission on Human and Peoples' Rights and Commonwealth of Nations.

History

In 1992, several funding and development organizations recognized the need for more cooperation among freedom of expression groups by providing start-up support for IFEX. The Ford Foundation provided funding to hold the first IFEX meeting in Montreal, Canada. The Joyce Mertz-Gilmore Foundation of New York supported the establishment of the IFEX Action Alert Network. UNESCO provided support through its International Programme for the Development of Communication (IPDC), which helped to extend IFEX's links with the developing world and promote IFEX through its own network.

Action Alert Network

One of the central components of IFEX is the Action Alert Network (AAN). Member organizations report freedom of expression abuses in their geographic region or area of expertise to the Clearing House which, in turn, circulates this information to other members and interested organisations all over the world. This efficient system enables members to stay abreast of their counterparts' activities, share information and research, and focus their energies where it is most needed.

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IFEX NV Signs Memorandum of Understanding to Acquire Moore Clayton & Co
From PR Newswire, 12/16/05

AMSTERDAM, The Netherlands, December 16 /PRNewswire-FirstCall/ -- IFEX Innovation Finance & Equity Exchange NV ("IFEX NV") announces that it has signed a Memorandum of Understanding (MOU) to acquire Moore, Clayton & Co., Inc. (MCC), a global financial and strategic investment services company. The purchase price will be paid in shares of IFEX NV. Under the terms of the MOU, the two companies aim to complete the due diligence process within the next 90 days.

MCC provides strategic and financial advisory services to clients in a variety of industries, and also provides private equity fund management services to Equus II Incorporated , a Houston-based business development company. MCC is profitable and has over 100 employees, with offices in various financial centres around the world. Additional information concerning MCC can be found at http://www.mccglobal.com/

Niels Reijers, CEO of IFEX NV: "With MCC conducting the majority of its business outside Europe and IFEX focus on Europe, this merger will create a truly global financial services company. The merger will also help our customers to draw upon an enormous network of financial specialist to help them with the development of their companies."

Tony Moore, the Executive Chairman of MCC stated: "We are pleased to combine the talent and resources of IFEX with the global reach of MCC and its team of experienced and successful business professionals. We believe that IFEX shareholders will benefit from the enhanced wealth creation opportunities to the enlarged group afforded by the addition of MCC."

Following completion of the acquisition, IFEX NV will likely change its name to "MCC Global NV", and the principals of MCC intend to seek a courtesy listing of IFEX NV shares on the Alternative Investment Market in London.

Forward looking statement

Some of the statements made by IFEX in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Ifex believes that its primary risk factors include, but are not limited to: the award of new projects for which IFEX will provide financial services at acceptable conditions; integrating its strategic acquisitions; attracting and retaining qualified management and other personnel and the ability to meet all of the terms and conditions of our debt obligations. Statements in this release should be evaluated in light of there important factors.

Issuer's information/explanatory remarks concerning this ad hoc announcement:

IFEX NV is a pan-European corporate finance organisation that facilitates funding solutions for small and medium sized enterprises. Additional information about IFEX NV is available at the company's investor relations website: http://www.ifexgroup.com/.

CONTACT: For further information contact: Chief Executive Officer, Niels Reijers, Tel: +44-870-114-9698, Email: ir@ifexgroup.com

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