SOURCE: Intelligent Communication Enterprise Corp.

Intelligent Communication Enterprise Corp.

October 07, 2010 14:41 ET

ICE Corp. Expects to Report Revenue Rebound in Q3, Driven by Successful Restructuring of SMS Business

PHILADELPHIA, PA--(Marketwire - October 7, 2010) -  Intelligent Communication Enterprise Corporation (ICE) (OTCBB: ICMC), a leading provider of mobile enabled customer solutions, confirmed its efforts to restructure its SMS business has been successful, and expects to report a more than 15% sequential quarterly increase in revenues in the third quarter ending September 30, 2010.

"The improvement in the third quarter reflects the completed restructuring of our enterprise SMS business that had impacted revenues earlier in the year," said Luther Jao, CEO of ICE. "We expect the revised structure and new key telecom partnerships will continue to drive our growth over the coming quarters. The SMS groundwork we laid will not only benefit our enterprise SMS customers and help drive associated revenue expansion, but will also support our new venture into social media with" 

"With our turnaround confirmed and the revenue uptrend holding steady, we are actively looking for new growth opportunities in technology and market reach to meet our objectives," continued Jao. "Following our successful launch of in Hong Kong in September, and the planned rollout to the rest of the world over the coming months, we expect Modizo™ to also contribute significantly to our growth."

Modizo is a new mobile social media platform that connects celebrities with their fans and followers around the world, providing mobile messaging and exclusive spontaneous interactive video content.

The company plans to report its full third quarter 2010 results in the second week of November and host an investor conference call to discuss the results and future outlook. The details of the call will be announced at a later date.

About Intelligent Communication Enterprise
Intelligent Communication Enterprise Corporation (OTCBB: ICMC) offers a range of innovative enterprise and consumer solutions over the mobile phone. ICE Corp. provides mobile enabled customer solutions in mobile messaging, mobile fraud prevention and leading edge mobile marketing technologies. In its pursuit to carve out a niche in providing mobile enabled customer solutions, the company operates three key divisions under the brands iCEmat (ICE Mobile Authentication Technologies), iCEmms (ICE Mobile Messaging Solutions) and iCEsync (ICE Synchronised Mobile Communities). Intelligent Communication Enterprise is a Pennsylvania USA corporation, with offices in Singapore and Malaysia. For more information about ICE Corp. visit To join Modizo today, go to

Important Cautions Regarding Forward Looking Statements
All statements in this press release that are not historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may be identified by words such as "believe," "intend," "expect," "may," "could," "would," "will," "should," "plan," "project," "contemplate," "anticipate," or similar statements. Because these statements reflect Intelligent Communication Enterprise's current views concerning future events, these forward-looking statements are subject to risks and uncertainties. Such forward looking statement include, but are not limited to, management's expectation that the third quarter of 2010 revenues will increase 15%, based on the improvement in the company's SMS business, and the expectation that will contribute significantly to the company's growth. Intelligent Communication Enterprise's actual results could differ materially from those anticipated in these forward-looking statements as a result of many factors, including, but not limited to the factors described under the caption "Risk Factors" in Intelligent Communication Enterprise's most recent Form 10-K filed with the Securities and Exchange Commission, and in its other filings. Intelligent Communication Enterprise undertakes no obligation to update publicly any forward-looking statements contained in this press release.

Contact Information

  • Company Contacts:
    Luther Jao
    Chief Executive Officer
    Intelligent Communication Enterprise
    Singapore Tel +65 6324 0225

    Media & Investor Relations:
    Scott Liolios or Geoffrey Plank
    Liolios Group, Inc.
    Tel 1-949-574-3860
    Email Contact