Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Taki who wrote (128120)	2/6/2004 9:07:41 PM
From: Bidder	Respond to of 150070

IBCS! My last push! I really think with the low float it will explode! International Broadcasting Corporation to Develop and Implement an Alternative Energy Powered Digital or Analog AM, FM or Shortwave Radio Transmitter Using Technology Similar to Wi-Fi E-mail or Print this story 2 February 2004, 2:48pm ET SANTA MARIA, Calif.--(BUSINESS WIRE)--Feb. 2, 2004--International Broadcasting Corporation (OTCBB:IBCS) said today that it has developed a prototype for an alternative energy powered digital and/or analog AM, FM or shortwave Radio transmitter, which can be implemented using technology and a legal framework similar to Wi-Fi. No FCC license will be required with this device. The company plans to introduce the all-talk format of IBC Radio Network into a target metropolitan area as part of its beta testing. Airtime will also be made available for local content such as school closings, traffic and weather. This product could also be marketed to other broadcasters in different communities without the need for an FCC license. Once this technology is introduced to communities it has the same potential for advertising that a fully FCC licensed station would have. Mentioned Last Change IBCS 0.022 0.002dollars or (10.00%) Daryn Fleming, President of IBCS, says "We are very excited about this project. The good news is that our current revenues from operations will provide enough funds to begin the early phases immediately. We will announce progress and the implementation of the first working model within weeks. Once completed, we will reveal our business model for the project, which will provide for enhanced advertising revenues for IBCS. This latest project will confirm that IBCS is a pioneer, not only in the area of content but technology. Mr. Lou Gentile, the IBCS strategic partner, says "We have developed this new technology with hopes of bringing radio back to the people instead of big business. We will begin to test the system in heavily populated areas using actual IBC radio shows. Watch the newswires for updates." This project is only one of the planned initiatives regarding AM radio this year. Another AM-related project is being planned and will be announced in a future press release. The Company will also soon announce details of its debt reduction program, which will eliminate most of the debt. 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. CONTACT: International Broadcasting Corporation Daryn P. Fleming, 805-938-5573 invest@ibcmedia.com SOURCE: International Broadcasting Corporation E-mail this story Print this story