IAS Energy, Inc.
OTC Bulletin Board : IASCA

IAS Energy, Inc.

March 25, 2010 15:58 ET

IAS Energy, Inc.: Contract Signed With Wireless Entertainment Content Provider

HONG KONG, CHINA and VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 25, 2010) - IAS Energy, Inc. (OTCBB:IASCA) is pleased to announce that an agreement has been signed between Video1314.com (100% owned by Power Telecom) and an entertainment content provider in China.

Power Telecom (60% owned by IAS) has signed an agreement with a Hi-tech company possessing up to date audit video coding and decoding technology and with another Chinese-based company that is a mobile phone streaming media and audio video gateway called Funvio Technology Ltd. Datacom Information Technology Ltd. of China will be the main marketing company to develop an overseas market for wireless customers in mainland China.

Video1314.com (www.video1314.com) will authorize Funvio Technology Ltd. to utilize Video1314.com website to utilize the services for assuming wireless streaming medium video and audio products.

Samuel Kam, Chairman of IAS Energy Inc., states that this agreement will generate revenue for the company and increase the hits for www.video1314.com from the wireless mobile users.

ABOUT VIDEO1314.COM

Video1314.com (www.video1314.com) is a service provider operating a Chinese Web 2.0 platform which allows users to share video, music and audio programs. Since the launching of this video website, it has attracted millions of users and is now one of the top Web 2.0 websites in Asia. Video1314.com mainly serves the region of Greater China, including Mainland China, Hong Kong, Macao, Malaysia and Singapore.

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.

Contact Information

  • IAS Energy, Inc.
    John Robertson
    604-278-5996 or 800-665-4616
    604-278-3409 (FAX)
    www.iasenergy.com