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Itera International Group of Companies Is Pleased to Sponsor Cycling Worldwide, Including Jacksonville, Florida

Mar 12 2013 12:00AM



JACKSONVILLE, FL -- (Marketwire) -- 03/12/13 -- Itera International Energy Corporation, headquartered in Jacksonville, FL, is very pleased to be a primary sponsor of VeloBrew Cycling Club as it promotes northern Florida young cyclists in their racing endeavors. Itera is a subsidiary of Itera International Group of Companies, a multinational group of companies actively engaged in energy, real estate and other businesses in the United States, the New Independent States and other regions.

Itera has a long history of supporting worthy causes where it conducts business, ranging from programs for needy and blind children and the aged, to promotion of the environment and natural wildlife. Itera Group's Chairman, Mr. Igor Makarov, is a former international cycling champion and he has for many years promoted the sport of cycling in Russia where he is the president of the Russian Cycling Federation, serves on the management committee of the Union of Cycling International, and is a primary sponsor of one of the world's leading professional cycling teams, Katusha, which last year placed second in the world in the top tier international cycling race scene.

In the Jacksonville area, Itera USA is very pleased to be a leading sponsor of the local team, VelaBrew, and its efforts to promote and guide younger northern Florida riders into colligate and professional levels. Dr. Lazar Finker, VP for Governmental Affairs, Itera USA, stated, "On behalf of Itera, we are delighted to be working with Mr. Scott Reeves and VeloBrew to assist their riders to the reach their fullest potential. With Itera's close association with Katusha, a world renown cycling team in Europe, we believe new training and new opportunities will be created for promising area riders who will be provided new resources with which to work and succeed."

Mr. Scott Reeves, speaking on behalf of VeloBrew and its riders, said, "Itera's sponsorship will allow riders who might not otherwise be able to enter and compete in national and international races, gaining new experience and confidence which will get them to the next level. Our junior riders often have very limited resources with which to compete, and with Itera's sponsorship and experience at the highest levels, we believe we will be able to fully utilize the potential of our young riders in order to achieve their upmost potential. We are very grateful to Itera and its continued support for cycling around the world, particularly in Jacksonville."

Dr. Finker went on to say: "Itera will continue to provide its support to promote local sports as well as expand its charitable endeavors in the area of North Florida, which so far offered help to religious groups, elderly and victims of natural disasters."

Source: Marketwire

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