SHANGHAI, China, May 15, 2007 (PRIME NEWSWIRE) -- i-level Media Group Inc. (OTCBB:ILVL) is pleased to announce that a well-respected firm, TRI-STATE Capital (TSC), has upgraded its equity rating on ILVL. This strong upgrade comes at a time when the company has reported its taxi-based i-level Mobile Media Network has been officially endorsed by the Taxi Association of China, which i-level recently joined. The Company's proprietary in-taxi digital media network (i-level Mobile Media Network) consists of 8.2" LCD screens mounted in the rear passenger compartments of taxis that play a mix of content and advertising for the enjoyment of passengers during their ride.
TSC is noted for their work with account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please follow this URL: http://www.otclive.com
i-level Media Group Inc. CEO Aidan Sullivan states, "We are honored to have a quality independent research firm review our overall operations and progress, and provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction."
About i-level Media Group Inc.
i-level Media Group Inc. is an emerging media company delivering powerful digital media solutions for out-of-home advertising in China. The company owns and operates one of the largest digital in-taxi advertising networks in existence and also licenses its technology and expertise to third parties seeking mobile digital media solutions. i-level's proprietary technological platform, consisting of high-quality LCD displays mounted inside the passenger compartments of taxis, provides a consistent, reliable and high-impact channel for reaching consumers on the go. Through exclusive distribution agreements with China's leading taxi operators, i-level puts advertisers' messages in front of a highly sought-after audience, in a captive and intimate setting.
Forward-Looking Statements:
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.