HONG KONG, CHINA and VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2010) - IAS Energy, Inc. (PINK SHEETS:IASCA) (the "Company") is pleased to announce that Power Telecom (60% owned by IAS) will have a major expansion for Video1314.com in September 2010.
The new Video1314.com will give its viewers a total new web video-viewing experience. Apart from the existing user generated videos, the new site will feature 20 different vertical media channels.
Video1314.com will be housing a production team and crew producing truly unique Video1314.com quality programs for each channel. Celebrity interviews, drama series, fashion shows, makeup lessons, culinary classes, travel programs will be among the many programs that will be produced. Each and every channel will act as a portal of its kind, being fun & informative at the same time. To fund this expansion, Video1314.com will be signing major partnership and sponsorship agreements for each vertical channel. The first in a series of channels to be launched will be the Financial Channel, in which a partnership has already been signed.
"Now that we attract nearly 800 million hits to our site yearly, we are now able to transform our site. Viewers will now enjoy a TV like experience and more from Video1314," says Samuel Kam, Chairman of IAS. "Users will have a familiar home TV experience but in a much more convenient & customized method, being able to choose the programs, whether its user-generated or our home-made shows, at anytime with a simple click. Viewers from all walks of life around the globe will find on our site the amusement, excitement & information they seek. Video1314.com will be bringing online entertainment to a new level."
ABOUT VIDEO1314.COM
Video1314.com (www.Video1314.com) is a service provider operating a Chinese Web 2.0 platform, which allows users to share video, music and audio programs. Since the launching of this video website, it has attracted millions of users and is now one of the top Web 2.0 websites in Asia with an annual hit rate of nearly 800 million. Video1314.com mainly serves the region of Greater China, including Mainland China, Hong Kong, Macao, Malaysia and Singapore.
For further information please visit www.iasenergy.com or www.video1314.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"John Robertson"
John Robertson
President
Forward-Looking Statements
Statements in this press release regarding IAS Energy, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, and capital expenditures and the timing thereof certain of which are beyond the Company's control, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. There can be no assurance that such statements will prove accurate, and actual results and developments are likely to differ, in some case materially, from those expressed or implied by the forward-looking statements contained in this press release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.
The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements, including those described in the Company's financial statements on forms 10-KSB and 10-QSB, and Form 8-K filed with the United States Securities and Exchange Commission at www.sec.gov. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom.
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