SANTA MARIA, Calif., March 14, 2003 (PRIMEZONE) --International Broadcasting Corporation (OTCBB:IBCS) announced today that it has signed on a new sponsor for its radio talk show "Stock Talk LIVE." The Blue Moon Group, Inc. (OTCBB:BMOO) is the latest sponsor for the show. "Stock Talk LIVE" (http://www.ibcradio.com/) is believed to be the very first LIVE radio talk show focused exclusively on micro-cap stocks "on the air" each and every stock market day from opening bell to the close and beyond. Interactivity, interesting guests, and significant short-term trading opportunities are featured in each and every edition of "Stock Talk LIVE." LIVE interviews, commercials, and news updates about The Blue Moon Group will air on "Stock Talk LIVE." News releases from BMOO will also appear at the IBC News Network website (http://www.ibcnn.com/).
About BMOO
Blue Moon Group Inc. is a holding company with subsidiaries providing services to the music, entertainment and film industry. Nebulous Records, Inc. through its Blue Moon Records label has studios in Los Angeles, CA, Chicago, IL and Tampa, FL. These locations are producing music in the Pop, Rock, R&B, Hip Hop, Dance and Country genres.
Earlier this year, BMOO announced they have acquired Elvis Presley's White Knabe Grand Piano and matching bench along with other collectible mint condition musical assets including: Presley's 1966 Gibson Red SC electric guitar, his red shirt from the movie "Spinout", RCA portable tube radio given to Elvis by RCA (circa 1955), white mat gold record for "In The Ghetto", Bo Diddley's Thunderbird guitar and Stevie Ray Vaughan's stratocaster guitar. Included in the deal, is a number of other "valued collectibles", like a gold and platinum record collection and Memphis Music Ltd., a music label featuring specific audio recordings of bluesman Albert King, Lash Laroo, contemporary guitarist Robert A. Johnson and Furry Lewis. The deal has been appraised at somewhere between $1.2-1.3 million and was consummated on Monday, Jan. 6, 2003. Musician/producer/songwriter Robert A. Johnson sold his entire collection and merged his record label, Memphis Music Ltd. with the Blue Moon Group Inc.
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 online 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/).
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. The following disclaimer reveals the compensation for the sponsorship packages: http://www.ibcnn.com/disclaimer.htm.