Indie Ranch Media Inc (INDR)

[chuck44l]

MALIBU, CA--(MARKET WIRE)--Jun 1, 2009 -- Indie Ranch Media, Inc. (the "Company") (Other OTC:INDR.PK - News) notifies its shareholders that previously announced discussions with a venture company have advanced into substantive negotiations.

International technology licensing opportunities, funding requirements and due diligence are some of the key items discussed to date.

The Board of Directors believe the Netmix technology and opportunity is of such quality that they are committed to seeking the best valuation possible for the Company and its shareholders as the Company feels its current share price does not reflect the opportunity Netmix presents.

The venture Company has requested their name remain confidential while in negotiations with the Company.

The Company looks forward to providing more details as negotiations progress.

INDIE RANCH MEDIA, INC.

Indie Ranch Media is an incubator dedicated to developing, supporting and launching Internet-based media ventures and technologies. The Company's focus is on combining strategy, ideas, and execution with the culture of entrepreneurial spirit to develop new media products faster, cheaper, and better. The Company is supporting the development of NetMix Broadcasting Network Inc. (www.netmix.fm) and Omni Entertainment Group Inc.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Indie Ranch Media, Inc.'s business model. The actual results Indie Ranch Media, Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

Contact:
For further information please contact:

Shareholder Communications
Sharon DiMagio
Telephone: [phone]
http://www.indranch.com