IRVINE, Calif.,June 21, 2000 (PRIMEZONE) -- Interactive Business Channel, Inc. is pleased to announce that it has purchased the IBC.TV domain from dotTV, an IdeaLabs! company. The IBC.TV domain name will be utilized to capitalize on the convergence of Television and broadband Internet which provides IBC with the opportunity to be one of the first companies in the world to deliver live and on demand streaming global financial programming 24 hours a day seven days a week over the net.
Matthew Marcus, CEO stated, "The IBC.TV domain reflects our focus on becoming the global Interactive financial destination. We have partnered with IP network service provider VoIP Telecom, Inc. (OTCBB:VOPT) and major content providers to deliver our visitors 24 hour global live streaming financial news over the Internet and net appliances. We will soon launch IBC.TV to offer rich video based news and information for global live and on demand access. The global demand for interactive financial content is accentuated by Harcourt's (OTCBB:HRCT) recent joint development partnership with China's top tier Nokia distributor to offer Chinese mobile users new Nokia handsets and wireless data terminal products integrated with its leading financial content."
About Interactive TV
The nation's largest online service has gotten plenty of attention for the unveiling of AOLTV, a service that the company hopes will be an enjoyable combination of Television and some of AOL's (NYSE:AOL) content and interactive features. With the coming debut the company is hoping that AOLTV will add "new and exciting dimensions" to TV and will be a major step in the company's goal of making its brands available to people anytime, anywhere and through a range of devices.
About IBChannel.com
"The Premier Business and Finance Portal", www.ibchannel.com, provides investors with a one stop destination for business and financial information including free news, quotes, charts, commentary from top analysts and online corporate profiles and research.IBChannel.com has aligned with premier media companies including CNBC, Bloomberg, The Street, and CNNi, as well as the highest quality online financial content providers IPO.com, Morningstar, MarketXT, and StockPoint. IBC Inc.'s business model is an innovative twist on traditional venture capital companies similar to Idealabs!, IBC is an e-business development bank that consults, incubates, develops, and grows global emerging growth companies such as VoIP Telecom, Inc. in exchange for equity. IBC provides turnkey operational solutions to deriving revenues and enhancing public awareness for its partners by implementing advertising, marketing, media placement, strategic partnerships, and branding strategies. Please see disclaimer at www.ibchannel.com.
About VoIP Telecom, Inc.
VoIP Telecom, Inc. is a next generation digital telecommunications company focused on the deployment of worldwide digital, voice as well as data communications via fiber optic, Internet circuit (VoIP), satellite and public switched telephone networks. The Company's strategic vision is to become a leader in converging conductivity solutions by building a major consortium of the highest quality VoIP entities in order to obtain a significant market share of international long distance traffic in North America, Europe, Asia, Russia and the Middle East.
VoIP Telecom's entry into the fast-paced, highly profitable global telecommunications marketplace is concentrated on VoIP via an acquisitions program, which includes Access Network Limited (ACCESS - 100%) and NEX Telecom Co. Ltd., of Seoul, South Korea (NEX - 49%), along with the proposed addition of International Telecommunications & Equipment, Inc., of Kirkland, Washington, U.S.A. (ICE - 100%). IBC has an equity position in VoIP Telecom. For additional information visit our disclaimer at www.ibchannel.com.
About DotTV
DotTV (www.TV) is a registrar and the exclusive worldwide registry for second-level domain names in the .TV top-level domain. That means you can now get web addresses ending in the most recognizable, most meaningful two-letter symbol in the world - .TV! DotTV has assembled an advisory board of Internet and traditional media executives that will work closely with the company to set strategic direction and establish key partnerships. Advisory board members include: Frank Biondi, former Universal Studios CEO; Lee Masters, president and CEO, Liberty Media and former E! Entertainment Television CEO; Jim Chabin, president of the Academy of Television Arts and Sciences; and Danny Shader, vice president, Amazon.com. dotTV has received its initial funding and support from idealab!, a leading creator of Internet businesses.