|[July 15, 2004]
IBC Radio Network Announces Joint Venture with HotStockMarket.com
PHILADELPHIA --(Business Wire)-- July 15, 2004 -- IBC Radio Network, a division of International Broadcasting Corporation (OTCBB:IBCS), announced today that it is working with HotStockMarket.com on a joint venture designed to enhance the services provided by both companies. IBC Radio Network will have its own information forum at HotStockMarket.com to keep readers informed about late-breaking action on micro-cap stocks on the "Stock Talk LIVE" radio show. HotStockMarket.com's regular daily users provide an interesting perspective on stocks and stock picks. Hot Stock Market caters to investors primarily in the Small Cap Sector. "Stock Talk LIVE" is the nation's largest syndicated micro-cap stock show on commercial radio today. HotStockMarket.com will also advertise IBC Radio Network and IBCS in various ways, such as e-mail reports and updates to its registered users. Both companies will also work to obtain joint advertising opportunities, enhancing the revenues of both. Officials from HotStockMarket.com will also be featured on upcoming editions of "Stock Talk LIVE," providing the users of HotStockMarket.com an opportunity to listen to live coverage of featured stocks.
Don Croucher, President of HotStockMarket.com, said: "We are delighted to work with IBCS, since we are both pioneers in providing financial information over the Internet. I have worked with the management of IBCS since the 1990s on various projects. Some of our work dates back to the actual emergence of the World Wide Web. The IBCS management team and I were among the first to provide information about micro-cap stocks using the Internet as the distribution medium. The time is now for both companies to work together officially for the benefit of the users of both services and companies here in 2004."
Daryn Fleming, President of IBCS, said: "Don Croucher and I go way back. It is a pleasure to work with him. In addition to HotStockMarket.com, he runs Marketdd.com, the only third-party newsletter to provide regular coverage of IBCS without any compensation. His support for IBCS is admirable and much appreciated. Don is a workhorse in the business, with a huge following all over the world. He is great on the radio, too, so we look forward to his regular reports. I believe this working relationship will help increase our audience, our following, and ultimately our shareholder base."
HSM is a fast-growing financial forum that connects individual investors looking to share insights and suggestions. Unlike other popular boards, which are cluttered with endless bashing of stocks and personal attacks on members, HSM is moderated by its users, allowing for an informative and constructive arena for discussion. The HSM community is made up of many different types of investors, from those just starting off to veteran traders who make a living from trading stocks. Here at HSM we have encouraged the growth of a helpful community who believe in cooperative investing. Any investor is invited to join by going to www.hotstockmarket.com. There is no fee to join as a member.
About IBC Radio Network
IBC Radio Network (www.IBCRN.com) is broadcasting 24/7 via satellite with a unique, all-talk format distributed coast to coast and worldwide. IBCRN currently carries business, news, science, and paranormal content.
Statements in this press release other than statements of historical fact are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including the demand for the Company's services, litigation, labor market, and other risk factors identified from time to time in the Company's filings with the Securities and Exchange Commission, that could cause actual results to differ materially from any forward-looking statements. These forward-looking statements represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update these forward-looking statements.
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