International Broadcasting Corporation Announces Affiliation with Chinese Investment Club


SANTA MARIA, Calif., May 29, 2003 (PRIMEZONE) -- International Broadcasting Corporation (OTCBB:IBCS) announced today that the "Stock Talk LIVE" business radio talk show has a new affiliate, NaFinance.com, owned and operated by Chinese Investment Club, Inc. The Stock Talk LIVE banner appears at NaFinance.com (http://www.nafinance.com/), a leading Chinese financial portal for North America. The portal provides stock market data and business information to members of the Chinese community. Chinese Investment Club, Inc. has been providing such information since 1993. Their members are active investors with a strong interest in small cap companies with great potential for growth.

About Stock Talk LIVE

"Stock Talk LIVE" is an interactive business radio talk show focused exclusively on continuous coverage of microcap stocks each and every stock market trading day. "Stock Talk LIVE" is a major milestone not only for International Broadcasting Corporation but also for the financial media and business information industry. There are other weekly and even daily short-length radio shows about small companies and stocks, but to the best of our knowledge no one has ever done LIVE continuous, fully interactive coverage of micro cap stocks each and every trading day for the entire duration of the stock market. The show is broadcast LIVE worldwide each and every stock market day over the Internet (http://www.ibcradio.com/) as well as on shortwave (15.725 on the dial) in the morning. Companies recently discussed on the show include Silicon Graphics, Inc. (NYSE:SGI), Diomed Holdings, Inc. (AMEX:DIO) and BMC Industries, Inc. (NYSE:BMM).

For more information about IBCS and Stock Talk LIVE visit the corporate website at http://www.ibcmedia.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.



            

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