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IO World Media Announces Significant Revenue Growth from Strategic Partnership with Net97 for the Management of www.radioio.com

^{Published on 2010-11-04 08:35:32 - Market Wire}
 

TAMPA, Fla.--([ BUSINESS WIRE ])--IO World Media (aIOWorlda or athe Companya) (Pink Sheets:IWDM) announced today that it has seen significant, positive results from its partnership agreement with St. Louis, MO based Net97 for the sale and management of [ www.radioio.com ] web banner advertising. Net97 is owned and operated by Internet radio pioneers Jim and Wanda Atkinson and is a leading provider of banner advertising management services to Internet media providers.

"Our primary focus from launch has been to ensure that RADIOIO provides the highest quality content to our listeners making us a preferred destination and building our audience"

RADIOIO has millions of stream initiations every month, and this strategic partnership serves as the first in a number of partnerships and initiatives that will work to monetize this listening audience as well as position the company for increased revenue growth as the listening audience grows. The early stages of the partnership have been a tremendous success with advertising revenue increasing 10 fold with annualized six figure projections since the partnership started.

aOur primary focus from launch has been to ensure that RADIOIO provides the highest quality content to our listeners making us a preferred destination and building our audience,a commented Thomas Bean, IO World Media CEO. aNow as we continue to provide superior programing we are expanding our focus to include the monetization of our growing audience by maximizing our advertising revenues through multiple initiatives without detracting from the quality of the listening experience. This impressive revenue growth with Net97 illustrates we are on target and making solid progress. We expect to see continued improvement in revenues as we diligently build our audience by remaining committed to providing the highest quality listening experience with the knowledge that audience follows content and advertisers always follow audience.a

Forward-Looking Statements

Certain statements in this release could constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise stated in this news announcement, IO World Media, Inc. does not undertake any obligation to publicly update or revise any forward-looking statements because of new information or future events.