SOURCE: ValCom, Inc.

February 28, 2011 11:51 ET

ValCom Achieves BIG Results With Florida Real Estate Auction

CLEARWATER, FL--(Marketwire - February 28, 2011) - ValCom, Inc. (OTCBB: VLCO) (PINKSHEETS: VLCO) announced today the results of the live, televised real estate auction the company produced on Saturday, February 12th. The auction featured homes and lots throughout the state of Florida.

The auction was seen on multiple television networks including R&R TV (Direct TV Channel 354), Dish Network Channel 266, and My Family TV (www.myfamilytv.tv). Out of 25 properties featured in the 3-hour program, 19 have been placed under contract. The company projects that revenues generated from the event will be close to $400,000.

"The results of the auction are a resounding success," stated Vince Vellardita, President and CEO of ValCom. "We faced a couple of technical obstacles that evening, but we still achieved our goals to sell properties and drive revenue to ValCom."

The auction is part of a series of real estate auctions that ValCom is producing in conjunction with United Country Auction Services. ValCom is planning to hold the next Real Estate auction on Saturday night, March 26th. For more information, visit www.ustvauction.com.

About ValCom, Inc.
Based in Clearwater, FL, ValCom, Inc. is a diversified, fully integrated, independent entertainment company that has been in operation since 1983. ValCom, Inc., through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting, distribution, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at http://www.valcom.tv/.

About United Country Auction Services
United Country Auction Services is the nation's largest integrated real estate & auction company. The company has a national network of over 700 offices, 4000 agents nationwide, over 2.5 Billion in annual sales, and is rated #1 Global Real Estate Franchise by Dun & Bradstreet. 

Forward-Looking Statements
From time to time, the company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as actual results could differ and any forward-looking statements should be considered accordingly.

Contact Information

  • Investor Relations
    Ingrid Clavijo
    Ph (727) 953-9778