SANTA MARIA, Calif., April 2, 2003 (PRIMEZONE) -- International Broadcasting Corporation (OTCBB:IBCS) is pleased to announce that its IBC Radio Network (http://www.IBCradio.com) is celebrating the 100th edition of the "Stock Talk LIVE" business radio talk show. IBC Radio Network is also soon celebrating its one-year anniversary. In April of 2002, IBC Radio began its very first broadcasts, carrying syndicated radio shows produced by third parties. "Stock Talk LIVE" was launched in October, 2002.
About Stock Talk LIVE
Stock Talk LIVE is believed to be the very first LIVE radio talk show focused exclusively on continuous coverage of micro-cap stocks each and every stock market day from opening bell to the close. The show is exciting, stimulating and, most importantly, features short-term micro-cap stock investment opportunities. The show is fully interactive, taking emails and phone calls from the listeners. The LIVE show is "on the air" during stock market hours 9:30 AM to 4 PM EST.
Earlier this year, IBC Radio Network expanded the distribution of "Stock Talk LIVE" to shortwave radio on frequency 15.725 mHz. The powerful signal reaches most of the United States as well as the Caribbean and Central and South America. A collateral effect of shortwave broadcasting is that the signals can actually reach all over the world as they bounce off of the ionosphere. Traditional AM and FM signals do not work like this. In addition, IBC Radio Network is also carried on the Mobile Broadcast Network (http://www.mymbn.com), iM Networks (http://www.imnetworks.com), and vTuner (http://www.vtuner.com).
Daryn P. Fleming, President of IBCS says, "We are excited about the new interest in our company in recent days. IBC Radio Network is a `grass roots' effort where we take our content directly to the people. Owning our own radio network enables us to accomplish this mission without the time, expense and bureaucracy involved in traditional radio syndication. We see no competition as we forge ahead into new horizons for `Stock Talk LIVE.`"
About International Broadcasting Corporation
International Broadcasting Corporation is a developmental stage company that endeavors to develop successful publishing, media, and broadcasting related businesses and ventures. The Company is focused on developing and providing online information and entertainment content through three units IBC Radio Network (http://www.ibcradio.com), IBC News Network (http://www.ibcnn.com), and IBC Entertainment Group (http://www.cultmoviesonline.com). The IBC Entertainment Group was launched in August of 2002, following the acquisition of an on-demand, streaming online movie website called Cult Movies Online. For more information about IBCS and all of the different services, visit the corporate website at www.IBCmedia.com.
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.