SOURCE: Market Pulse

June 22, 2009 08:30 ET

Market Pulse Breaking News Alert for Monday, June 22, 2009: ICPA -- IC Places Opens New Revenue Stream and Taps Into $9.6 Billion U.S. Movie Ticket Sales Marketplace!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - June 22, 2009) - Market Pulse News Alert for this AM, Stocks to Watch are: IC Places, Inc. (OTCBB: ICPA), Apple Inc. (NASDAQ: AAPL), Left Behind Games Inc. (OTCBB: LFBG) and Palm Inc. (NASDAQ: PALM).

Investors need to be watching IC Places, Inc. (OTCBB: ICPA) this AM! IC Places is engaged in the ownership and operation of a network of city-based websites for use by business and vacation travelers as well as local individuals. The company's websites provide local information about hotels, restaurant dinning, golf courses, discount event tickets, discount car rentals, discount airfare, and attraction tickets, providing up to the minute information, delivered through an emotionally rich media experience. IC Places owns and operates 350 US City Websites. IC Places is different from other social networking and reference sites because each of their city sites is a virtual portal to the entire community. Most social networking sites are built for one demographic, i.e. college kids, retirees, or perhaps business owners. IC Places provides users with the ability to conduct business with a local company and plan their weekend social activities all at the same time with the help of an easy to use, user-friendly interface. IC Place's offers tools and expertise to advertisers that combine the quality and power of Flash video, interactive features, the ability to update their information and add special events immediately and as frequently as desired. The IC Places websites also incorporate the most comprehensive online tracking and reporting capabilities. This dramatically enhances the impact and effectiveness of any ad campaign. Any business advertising with IC Places will continually experience a memorable advertising campaign exhibiting efficiency. www.icPlaces.com/Orlando is the perfect example of how IC Places can revolutionize working and playing in a city. To build on the sense of community, each section of each city site has its own online TV Channel that encourages the locals to become Citizen Journalists. The worldwide army of Citizen Journalists is estimated to be at 136.5 million according to a 2007 article by eMarketer, and is expected to grow to 237.7 million by 2011. IC Places works with movie studios, promoting movie screenings in Cities around the US and creating National online promotional campaigns. IC Places also produces original video shows. The popularity of these shows has grown to the point that other websites have signed distribution pacts to run episodes on their networks. These distribution pacts attract millions of potential new viewers to the shows every week and are a source of revenues through post, pre-roll and in-show advertising. One such agreement was signed in January with MEVIO, Inc. MEVIO hosts networks of personality-driven episodic entertainment. The company was co-founded by Adam Curry and Ron Bloom, and is guided by an A-list of venture capital and thought leadership, including the investors that brought you Google. Two of the main sources of IC Places revenue come from Local Online Advertising Sales and Online Travel Services. These are two of the Internet's fastest growing sectors. ICPA's top 16 competitors had estimated revenues of over $68.5 trillion, (based on March 2007 Reuters Estimates). Though no other group of local city-based websites offers Video Classified Advertising. Plain Online Classified Advertising is booming. Yellow pages are projected to double to $31.1 billion worldwide in 2010 from $15.7 billion in 2005, according to the research firm Kelsey Group. U.S. online advertising revenue grew 26 percent year on year to a record $4.9 billion in the first quarter of 2007, according to the Interactive Advertising Bureau and PricewaterhouseCoopers. The continued growth of online ad revenues clearly illustrates marketers' increased comfort with the extraordinary vitality and accountability of this medium. IC Places is poised to become a significant player in the entertainment, travel and online advertising industries! ICPA just had excellent news out in a press release before today's opening bell announcing their opening a new revenue stream by adding 39,000 US theaters, showtimes and movie ticket sales to its websites! The company also said that in 2008 movie ticket sales climbed to $9.6 billion and ticket sales this year are already up 17.5 percent! Investors should be watching this one closely!

IC Places, Inc. (OTCBB: ICPA) www.icPlaces.com is pleased to announce that the company has partnered with CinemaSource to offer showtime information and movie tickets for all of its US City Websites.

Under the agreement CinemaSource will supply IC Places with complete theater and showtime information for 39,000 U.S. theaters. Site visitors will then have the ability to purchase movie tickets via IC Places City sites and its upcoming wireless app instantly and seamlessly. The information will be updated every minute offering IC Places site visitors the most up to date and accurate information possible.

West World Media (Parent of CinemaSource) Founder and C.E.O. Brett West stated, "We are pleased to add IC Places to our growing list of highest quality media companies that receive their movie content exclusively from West World Media."

CinemaSource will also power IC Places sites with Stats for the highest weekly grossing films and a list of the all-time biggest box office winners. Other site enhancements will include an in-depth Movie Guide which includes every film that has played, is playing, or soon will be playing in theatrical release. The Movie Guide offers Plot Synopses, Trailers, Photos, Release Dates, Cast Lists and much more.

Online Movie Ticket Sales

In 2008 Movie ticket sales climbed to $9.6 billion in the U.S. and Canada and $26.7 billion globally, both logging 5% increases according to a recent LA times article. Ticket sales this year are up 17.5 percent, according to a box-office tracking company.

"If that pace continues through the year, it would amount to the biggest box-office surge in at least two decades. It's a perfect time for IC Places to enter the online movie ticket business," said Steven Samblis President of IC Places. He went on to say, "Our Instant Movie Review, 1st Look Series and Instant DVD Review shows are experiencing millions of views each month online and on TV. This agreement allow us to capitalize on these views and convert a percent into ticket sales thus opening up an entirely new revenue stream for IC Places."

About IC Places

IC Places owns and operates 350 US 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 the 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 story in the best way possible and visitors get unfettered access to businesses, events and people in each city.

About CinemaSource

CinemaSource is the world leader in showtimes listings and movie data. Covering every screen in the US, Canada, UK, Ireland, Mexico, Argentina, Chile, Colombia, Algeria, Sweden, Norway, Finland, New Zealand, United Arab Emirates, Morocco, Indonesia and Vietnam.

Stocks in the news and acting well as of late include: Apple Inc. (NASDAQ: AAPL), Left Behind Games Inc. (OTCBB: LFBG) and Palm Inc. (NASDAQ: PALM).

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