IAS Energy, Inc. Announces Video1314.com Becomes Top 25 Video Site in China
IAS Energy, Inc. (PINK SHEETS: IASCA) announces that Video1314.com, a 60% owned company through ownership in Power Telecom (a private Hong Kong company), has now become the Top 25 video site in China.
Samuel Kam, Chairman of IAS Energy Inc., reports "Video1314.com now has become the top 25 video site in China, based on our research via Alexa the global web site ranking company."
Executive Summary
Video1314.com is a subsidiary of IAS ENERGY, INC.
Market Cap: US$7.2 million
USA Ticker Symbol OTC: IASCA.PK
Established in late 2007, Video1314 was the first Web 2.0 video platform to do a reverse takeover to be listed on a US Stock Exchange.
Video1314.com is a one of the fastest growing video Web2.0 sites in Asia. Video1314.com now serves mostly the greater China area which includes China, Hong Kong, Macau and Taiwan. Video1314.com is expanding its platform to be accessed by mobile phones which are expected to reach 766 million users by 2012.
Video1314.com's achievements to date:
-- Streaming video both on the web and to mobile users in China
-- Monthly Hits: over 63 MIL
-- Annual Hits: appt. 800 million
-- Unique visitors: 450,000
-- Registered members: 91,000
-- Rank in the world: Top 21,715
(i) Source: Alexa
Video1314's Strengths
Accessibility - Viewable from anywhere in the world, even in China.
Result-oriented- Heavy traffic with targeted audience
Cost effectiveness advertising- 1/3 or less of the cost of traditional print advertising.
Versatility - Video1314.com is a not only a video sharing portal but also a music, photo, Internet TV channel and IPTV platform.
Gateway to China & the rest of the world
Video1314.com also intends to share part of its advertising revenue with its users.
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 over 700 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, 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.
All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Contacts:
IAS Energy, Inc.
John Robertson
604-278-5996 or 800-665-4616
604-278-3409 (FAX)
www.iasenergy.com
