Ideal Group of Companies Inc. has appointed Robert Egeland as Vice Chairman of the Company. Robert Egeland is a Board Director and serves President of Ideal Group's wholly owned subsidiary, Oxygen Mortgage Inc. Over his lengthy career in real estate and finance that stems over 30 years, Mr. Egeland has owned and operated multiple mortgage brokerage, title, and real estate financing companies. These include Enterprise Mortgage's three Chicago locations and operations in Scottsdale, Arizona.

In all, Robert Egeland has been responsible for over 28,000 mortgages across a variety of medium to large scale mortgage financing companies at the regional and national level. He is the founder and developer of Oxygen Mortgage Inc. Within the Ideal Group framework, Robert Egeland will continue in his role as head of the real estate development division under Eclipse Real Estate Development brand, as well as the President of Oxygen Mortgage's brokerage division. He will work with the management team and board to oversee the operations of the real estate divisions, financial planning, and strategic growth of the Company.

Mr. Egeland's immediate focus will be the business planning and strategic development of the Company, including the acquisition and launch of several planned real estate development projects in South Carolina.