Digicorp Retains American Capital Ventures for Investor Relations Services

October 10, 2008 - 1:16pm

Digicorp, Inc. (OTC BB: DGCO), a China focused youth marketing and media company, today announced that it has retained the services of American Capital Ventures (ACV), a leading provider of comprehensive investor relations services to the small cap community.

“As we continue to position ourselves uniquely within the Chinese youth market through our wholly owned subsidiary Youth Media, it has become increasingly important to proactively update new and current investors on our accomplishments and value proposition offered by our media services and the market we serve,” commented Digicorp CEO, Jay Rifkin. “This is a powerful message we need to convey within the investment community, and American Capital Ventures has a proven track record in assisting small cap companies in getting their message out.”

Howard Gostfrand, President of American Capital Ventures, commented, “Digicorp’s Youth Media is well positioned to capitalize on the ever growing Chinese student population. With over 45 million and counting, Youth Media’s ability to effectively and comprehensively deliver targeted advertising and valuable content to this youth market of China is a highly promising business model.”

About Digicorp, Inc.

Digicorp, Inc. is a China focused youth marketing and media company whose business is to deliver advertising and content to one of the most sought after and fastest growing demographics in the world. Through its wholly owned subsidiary Youth Media (Hong Kong) Limited, Digicorp is engaged in the business of providing advertisers and corporations with direct and centralized access to China’s massive but hard-to-reach student population.

About American Capital Ventures

American Capital Ventures (ACV) is a boutique investor relations firm founded on the principals of hard work, professionalism and integrity. Our company offers emerging growth companies a different, more comprehensive approach to investor relations. ACV delivers highly effective investor communications counsel in conjunction with developing tangible brokerage relationships for our clients. Our unique blend of creating awareness while effectively increasing a company’s trading volume has allowed us to continually expand our business. Our goal is to allow management the ability to focus on their core business, while assisting them in communicating their message and develop their investor relationships.

Forward-Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as Digicorp "expects," "should," "believes," "anticipates" or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the Digicorp filings with the Securities and Exchange Commission, including Digicorp’s annual report on Form 10-KSB and quarterly reports on Form 10-QSB. These forward-looking statements are only made as of the date of this press release and Digicorp does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Contact:

Digicorp, Inc.
Sophia Kim, 310-728-1457
info@DGCOinc.com
www.dgcoinc.com
or
Investor Relations:
American Capital Ventures
Rich Hull, 305-918-7000
info@amcapventures.com
www.amcapventures.com

Source: Digicorp, Inc.