SOURCE: Icon Media Holdings, Inc.

Icon Media Holdings, Inc.

February 07, 2012 15:00 ET

Icon Media Holdings, Inc. Announces New Board Member

RALEIGH, NC--(Marketwire - Feb 7, 2012) - Icon Media Holdings, Inc. (PINKSHEETS: ICNM) is pleased to announce the appointment of Lincoln Spoor as the newest member of the Icon Media Board of Directors.

Mr. Spoor is currently Founder, President and CEO of Westward Dough, LLC, a multifaceted owner and operator of restaurants and food concepts. Prior to founding Westward, Mr. Spoor spent 11 years as the Managing Director and Head of High Yield Origination with Banc of America Securities in New York.

"We are very pleased to have Lincoln join the Board and believe his contributions and insights will result in increased shareholder value," said Rob Deakin, President and CEO of Icon Media Holdings. "His experience in finance and expertise in business will assist the Company in executing its growth strategy and strategic initiatives."

About Icon Media Holdings, Inc. (ICNM):

Icon Media Holdings, Inc. is a diversified global e-commerce company. The Company currently owns and/or operates e-commerce websites including, and sells globally on storefronts such as Amazon and eBay, among others. The Company also supports e-commerce companies through its financial services division IFX Financial Group. Corporate website:

About Mr. Spoor:

Mr. Spoor received his MBA from the Tuck School of Business at Dartmouth College. In addition to Westward Dough, Lincoln sits on the Boards of Vegas Valley Angels, an early stage angel investor group in Las Vegas, NV and After School All Stars. He was also the past President of Sunrise Children's Hospital in Las Vegas.

Westward Dough, based in Las Vegas, NV, owns and operates the Krispy Kreme franchises in 5 western states, as well as Auntie Anne, Caribou Coffee and Capriotti's franchises. It also includes, a designer and distributor of high end baby consumer products.

Forward-Looking Statements & Disclaimers:
The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

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