SANTA MARIA, Calif., March 11, 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." ZAP (OTCBB:ZAPZ) 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 ZAPZ will air on "Stock Talk LIVE." News releases from ZAPZ will also appear at the IBC News Network website (http://www.IBCNN.com).
About ZAP
A publicly owned company, ZAP stands for Zero Air Pollution(r). The company unveiled a new line of electric cars in January 2003 and is working to establish worldwide distribution for a full-line of electric transportation. To see ZAP's full-line of electric vehicles, visit http://www.zapworld.com or call 800-251-4555.
New "Stock Talk LIVE" Affiliates
IBCS is also pleased to announce that two additional financial websites have joined the "Stock Talk LIVE" family of affiliates. The Stock Pit (http://www.TheStockpit.com) is the latest website affiliate of "Stock Talk LIVE." The Stock Pit is a financial website featuring corporate profiles, news, market tools, research, and more. It also features a LIVE interactive chatroom called "Pitchat." The Wall Street Reformist (http://www.wallstreetreformist.com) is also a new affiliate. The Wall Street Reformist, Inc. is an organization working to secure and protect the interests of investors and small businesses on Wall Street. Founded by Ian Park in October of 2002, the Wall Street Reformist's primary function is to recommend and implement reform that will ultimately seek to improve the securities markets for the good and benefit of all investors and small businesses.
IBCS Added to Index of Radio Stocks in Prestigious Radio Trade Journal
International Broadcasting Corporation is also pleased to announce that its ticker symbol "IBCS" has been added to the list of radio stocks in a prestigious trade publication for broadcasting professionals called the "Radio Business Report" (http://www.rbrepaper.com). "Radio Business Report" is released monthly in hard copy form and daily in an email edition. IBCS is listed along with other prominent radio stocks like XM Radio (Nasdaq:XMSR), Hispanic Broadcasting Corporation (NYSE:HSP), and Westwood One, Inc. (NYSE:WON).
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 News Network (www.IBCNN.com), IBC Radio Network (www.IBCradio.com), and IBC Entertainment Group (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.