SOURCE: ValCom, Inc.

November 08, 2010 13:51 ET

ValCom, Inc. Signs Agreement With Nation's Largest Integrated Real Estate & Auction Company for Televised Real Estate Auction on Saturday, November 20th

CLEARWATER, FL--(Marketwire - November 8, 2010) -  ValCom, Inc. (OTCBB: VLCO) and its My Family TV broadcast network subsidiary announced today that it is partnering with United Country US-TV Auctions, an affiliate of United Country Auction Services, for a televised real estate auction that will take place on Saturday, November 20th from 10:00pm-1:00am ET.

The 3 hour event will feature the auction of over 70 homes. The homes are located in major cities across the country including properties in Florida, Illinois, Texas, Indiana, Michigan, and Ohio.

The auction will be carried live on ValCom's My Family TV which is seen on over 80 affiliates across the country. The auction will also by carried on R&R TV (DirecTV Channel 354, plus additional affiliates in Los Angeles, Detroit, and Las Vegas) and Dish Network Channel 266. Agreements are also being finalized to place the auction on two additional television networks.

"We have the right partner in United Country Auction Services," stated Vince Vellardita, President and CEO of ValCom. "We've produced numerous auction events over the past year and we know they have the internet and back-end muscle that is needed to guarantee financial success!"

"With real estate foreclosures at record highs and sales prices at record lows, it becomes obvious that this is the time to take action." stated United Country Auction Services' Kevin Gallagher. "This sale will give buyers the opportunity to purchase foreclosed homes for pennies on the dollar. And with prices averaging from as low as $3,000 for homes that need renovation, to fully rented properties with tenants and property managers in place, for as low as $30,000. The opportunity is clear!"

Registered Buyers can bid on these homes, online or by phone, during the live auction. To register to bid, view the properties, get the terms and conditions of the sale and watch a live stream go to www.ustvauction.com, or call 877-922-9720.

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 studio and rental, television and film, television broadcasting, 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 Auctions 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