SOURCE: International Consolidated Companies, Inc.

September 29, 2009 12:45 ET

INCC (International Consolidated Companies, Inc.) Corporate Update

SARASOTA, FL--(Marketwire - September 29, 2009) - International Consolidated Companies, Inc. (OTCBB: INCC) today provided the following corporate update on progress made since the company's February 2009 acquisition of Tele-Response Center and Telestar Marketing, now both fully integrated into INCC and operating under the trade name 121 (One Two One) Direct Response (

"INCC's strategy is to acquire synergistic companies to build a solid core of businesses that complement, sustain and support each other profitably," stated Antonio F. Uccello, III, President and CEO of International Consolidated Companies, Inc. "Our February acquisition and formation of 121 Direct Response has given us a CRM, teleservices, direct marketing and fulfillment capability that is not only on the fast track to profitability but will also serve INCC and future acquisitions well. We are creating a structure that is already providing operational advantages and cost savings as we centralize departments and drive aggressive sales programs."

Since February 2009 INCC has achieved several important milestones, including decreasing debt, increasing sales and growing net equity and working capital. The company also secured Niel Cavanaugh as Chief Operating Officer as an integral push to build a management team with solid operational experience.

"Our goal for the remainder of 2009 is to provide the foundation for driving organic growth and the seamless assimilation of opportunistic acquisitions. We look forward to detailing for our shareholders and the investment community the results of our increased sales and operational efficiency efforts when we report our third quarter results in November," concluded Mr. Uccello.

The company will conduct an earnings call for all interested parties on release of third quarter results. The call will be announced one week prior to the quarterly reporting. For email updates and an invitation to the call please visit and more information is available at our website at

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, and the effect of economic conditions.

Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by International Consolidated Companies, Inc., (the "company"), as well as those contained herein, that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements, including those in Management's Discussion and Analysis, are statements regarding the intent, belief, or current expectations, estimates, or projections of the company, its directors, or its officers about the company and the industry in which it operates and are based on assumptions made by management. Forward-looking statements include without limitation statements regarding: (a) the company's strategies regarding growth and business expansion, including future acquisitions; (b) the company's financing plans; (c) trends affecting the company's financial condition or results of operations; (d) the company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the company's ability to respond to changes in customer demand and regulations. Although the company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.

The company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.

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