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IBCS news one day this one will go, imo, International Broadcasting Corporation Finalizes Deal and Introduces Australian Company

SANTA MARIA, Calif., Dec 11, 2003 (BUSINESS WIRE) -- International Broadcasting Corporation (OTCBB: IBCS) announced today that it has finalized its partnership with an Australian Company called Sharetrends Pty Ltd.
Daryn P. Fleming, President of IBCS, says: "This strategic alliance allows IBCS to broaden its Premium subscription services to include Aussie stocks. Sharetrends Pty Ltd will assist IBCS in bringing Australian and non-Australian clientele to its subscription services. This deal complements the recent announcement made regarding the prestigious brokerage firm Paterson Ord Minnett."

Daryn P. Fleming, President of IBCS, continues to explain: "Having three companies and their resources working together on this project is an extraordinary achievement. We now have great resources and research at our disposal."

Andrew Janky, VP Sales and Marketing, says: "IBCS has the kind of reach we were looking for in the North American market. We are now able to reach markets with minimal research and investments. Another bonus for us is that we can benefit from IBCS's existing infrastructure without incurring significant capital outlays and elaborate legal service agreements. Having done our due diligence, we are confident that we can refer clients to IBCS and know that they will be serviced to our expected standards. This is a 'win-win' for both of us."

Daryn P. Fleming, President of IBCS, also expressed his appreciation for the services of Laurence R. L. Gartner, a consultant to the Board, in engineering this deal.

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 both online and offline 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).

Total shares outstanding are roughly 89.1 million shares with 36.1 million shares in the public float. New IBCS investors are encouraged to read the archived news releases 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.

SOURCE: International Broadcasting Corporation



CONTACT: International Broadcasting Corporation
Daryn P. Fleming, 805-938-5573
[e-mail]