SOURCE: IC Places, Inc.

IC Places, Inc.

April 01, 2010 10:30 ET

IC Places and 5th & Ocean Form Global Online Video Syndication Alliance

WINTER PARK, FL--(Marketwire - April 1, 2010) -  IC Places, Inc. (OTCBB: ICPA) and Miami, Fl.-based 5th and Ocean Productions Inc are pleased to announce that the two companies are launching a jointly owned venture for the purpose of syndicating video content across a global network of entertainment and nightlife websites.

Using IC Places Video Player and Content Management technology and 5th and Ocean's cutting edge video production capabilities, the new venture will bring a rich media experience to the fragmented and largely untapped Nightlife and Lifestyle online video sector. The new company will deliver a turn-key multi channel video service to websites that want to add a fully branded and targeted online TV experience for their users and subscribers.

"This new jointly owned venture builds on our current relationship with 5th and Ocean and gives us the corporate structure and skills to build an international presence in the world of nightlife and entertainment video," said Steve Samblis, President of IC Places. He went on to say, "It's a rare thing for two companies to come together and find such a cohesive fit. The partnership lets us each do what we do best. IC Places will focus on enhancing the video player experience and 5th and Ocean will continue to produce video shows that tap into the heart beat of the world of nightlife and entertainment."

The new company will offer highly trafficked Nightlife, Entertainment and Music websites a simple solution to engage their visitors with HD video content without the expense and time involved in self creating content and the technology to deliver it.

"We already have a handful of deals on the table to launch this partnership that collectively will represent over twenty million monthly unique viewers. We haven't even begun to tap the potential that this marketplace offers," said Andy Ruffell, CEO of 5th & Ocean Productions Inc. He went on to say, "This new venture with IC Places enables us to roll out a global video network for advertisers whilst providing websites with additional revenue opportunities using video. We take away the need for niche websites to invest in professionally produced content and delivery costs." 

About IC Places:
(http://www.icplaces.com)
IC Places owns and operates 350 U.S. city websites. Each IC Places city website offers a virtual keyhole view of life in each community. Every unique aspect of a city's social, business, and cultural life is available right at each city's IC Places homepage. IC Places provides the entire community a place to talk, do business and get connected. Businesses are given amazing tools to tell their stories in the best way possible and visitors get unfettered access to businesses, events and people in each city. To see one of the IC Places city sites in action, please visit http://www.icplaces.com/orlando.

IC Places produces several popular weekly video shows watched by millions of people each month through the company's websites and its distribution partners. These shows include The Instant Movie Review, Instant DVD Review, Cooking for Bachelors, 1st Look and IC Sports.

About 5th & Ocean Productions Inc:
http://www.5thandocean.com
http://www.A3Network.com

5th & Ocean Productions is a full service production company that specializes in lifestyle, event and music videos. Based in Miami, New York and Las Vegas, recent clients include Mercedes Benz and Tao Group Las Vegas. Our video content is progressive, energetic and sliced & diced to cutting edge sound tracks. We specialize in short form programming and have a library of over 1,000 videos packaged for domestic and international licensing to online and broadcast platforms.

Our Internet brand 'A3 Network' is a group of online video channels across multiple platforms (including youtube.com, Koldcast.tv and metacafe.com) that reflect the modern lifestyle, featuring Nightlife, Clubs, DJs, Music Videos, Style, Art, Bikini, Pool Parties and Fashion. Whatever the flavor, the most exciting event videos on the web!

Safe Harbor Statement

Note: This news release may contain forward-looking statements that involve risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research, regulatory approvals, competition, litigation, and the other risk factors listed from time to time in reports filed by IC Places, Inc. with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of IC Places, Inc as of the date of this release. IC Places, Inc. and its managers and agents undertake no obligation to publicly update any forward-looking statements.

Contact Information

  • Contact:
    Steve Samblis
    IC Places, Inc.
    407-442-0309
    Email Contact