SOURCE: ValCom, Inc.

February 19, 2009 11:13 ET

ValCom Signs Multi-Year Production Deal

CLEARWATER, FL--(Marketwire - February 19, 2009) - ValCom, Inc. (OTCBB: VLCO) (FRANKFURT: VAM), a leader in media technology, facilities and production content for television programming and related services, signs a 3-year production deal with the Auction Network.

ValCom just finished production of The 51st Annual Grammy Awards Live Charity Auction Benefiting MusiCares and Christmas with the Stars Celebrity Auction Benefits the Make-A-Wish Foundation hosted by Kathy, Rick, and Paris Hilton. "The Grammy Awards Live Auction" held on February 8, 2009, was a success showcasing over 70 years of music history from early Jazz greats, to Rock "N" Roll legends. The Auction featured the generously donated collection of producer Andy Budde, with an extensive amount of Rolling Stones and Beatles memorabilia, stage played guitars from David Bowie and Eric Clapton, as well as Frank Sinatra and Elton John signed recording contracts and memorabilia from Bob Dylan.

On December 20, ValCom co-produced and broadcasted the Christmas with the Stars Celebrity Auction Benefits the Make-A-Wish Foundation hosted by Kathy, Rick, and Paris Hilton. The auction was held at the Hilton estate where Avril Lavigne and Paris Hilton helped auction off more than 100 hot celeb items to bid on. The event aired nationally on MyFamilyTV network and America's Auction Network.

The next live celebrity auction on ValCom's schedule is Busch Gardens in Tampa, Florida; which will be aired on MyFamilyTV, March 28. This Busch Gardens auction, "Art by Animal's Art," featuring original artwork produced by animals from more than 50 zoos and aquariums nationwide. Proceeds from this charity auction are used to fund animal enrichment programs and maintain animal habitats in the wild. ValCom will be handling not only the broadcast but the production through its studio operations in Clearwater.

"ValCom's multi-year contract with the Auction Network is to handle the production and/or broadcast for the event and we get paid based on the total revenue from the Auction, which can be very profitable," stated Vince Vellardita, President & CEO of ValCom. "The Auction Industry is a 280 Billion Dollar Industry which covers a variety of marketing avenues, from Real Estate and cars to estate jewelry and exotic stones. The Celebrity Auction circuit is just another venue which we have found to be extremely lucrative."

ValCom's multi-year production contract with the Auction Network includes an event calendar of celebrity auctions throughout the year, hosted by the Auction Network, out of Tulsa Oklahoma, led by Founder and CEO, Pam McKissick who has an extensive television and film background having previously worked as President of TV Guide and VP of Network Specials at Disney. "Working with the Auction Network's team has been a pleasure, and I look forward to a long term relationship," said Vince Vellardita, President & CEO of ValCom, Inc.

About ValCom

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. Visit: www.valcom.tv

About Auction Network

Auction Network is the live-bid-to-picture interactive auction entertainment network that offers audiences compelling interactive programming merging the sport and spirit of live auction with the ability to watch, bid and win live, real-time, in H-D from anywhere in the world. Auction Network allows viewers to participate either live or through absentee bidding online at www.auctionnetwork.com and on television across cable and satellite channels throughout the U.S.

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