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IAS Energy, Inc.: IAS Energy, Inc.: Advertising Contracts Signed With Power Telecom
HONG KONG, CHINA and VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2009) - IAS Energy, Inc. (OTCBB:IASCA) is pleased to announce that our private company Power Telecom (60% owned) has signed an exclusive advertising contract with Panpacific Business Limited (a private Hong Kong advertising company) to generate revenue for the website [ www.video1314.com ]. Power Telecom owns 100% interest in [ www.video1314.com ]. The contract is for 2 years and the revenue will be divided 60% for Video1314.com and 40% to Panpacific. The contract is subject to a minimum amount of revenue to be reviewed every 90 days.
The hits for the month of August has record hits of 55 million compared with 4 million hits in November of 2007 when IAS signed the agreement to acquire an option to purchase up to 100% interest in Power Telecom.
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.