AS Energy, Inc.: Advertising Contracts Signed With Power Telecom
HONG KONG, CHINA and VANCOUVER, BRITISH COLUMBIA, Sep 21, 2009 (Marketwire via COMTEX) -- IAS Energy, Inc. (OTCBB:IASCA) is pleased to announce that our private company Power Telecom (60% owned) has signed an exclusive advertising contract with Panpacific Business Limited (a private Hong Kong advertising company) to generate revenue for the website www.video1314.com. Power Telecom owns 100% interest in www.video1314.com. The contract is for 2 years and the revenue will be divided 60% for Video1314.com and 40% to Panpacific. The contract is subject to a minimum amount of revenue to be reviewed every 90 days.
The hits for the month of August has record hits of 55 million compared with 4 million hits in November of 2007 when IAS signed the agreement to acquire an option to purchase up to 100% interest in Power Telecom.
For further information please visit www.iasenergy.com or www.video1314.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President