SOURCE: ValCom, Inc.

July 06, 2010 16:00 ET

ValCom's Chief Executive to Build the Television Network

CLEARWATER, FL--(Marketwire - July 6, 2010) -  ValCom, Inc. (OTCBB: VLCO) (FRANKFURT: VAM1) announced today that ValCom's President & CEO, Vince Vellardita, was asked by the Board of Directors and a number of the company's largest shareholders to become the President of ValCom's My Family TV subsidiary. 

Mr. Vellardita released a statement where he discusses his vision for My Family TV and his expanded role within the network:

"Over 10 years ago, ValCom was commissioned to work on several series that ran on the old Family Channel. These programs were the first programs on the network to pull a rating. This drew the attention Rupert Murdoch and soon Pat Robertson sold the Family Channel to Rupert Murdoch and News Corp. News Corp then made a deal with Haim Saban for the Power Rangers and called it Fox and Kids. This expanded the viewer base for the network. As the channel grew, News Corp sold the network to Michael Eisner's Walt Disney Company for $5.2 Billion netting a huge profit.

"I have a similar vision for My Family TV. When I learned about Faith TV over 2 years ago, it was in just under 12 million homes. It also was a faith-based network, so I persuaded the board to purchase the network and convert it to My Family TV. In just under 2 years of ownership, we have paid it off and have grown it by more than 100%... and we're just beginning. Television networks have huge resale value. TV Guide sold for $250 Million, The Outdoor Channel sold for $500 Million, The Weather Channel for $4 Billion and of course The Family Channel for $5.2 Billion," stated Vince Vellardita, CEO of ValCom.

"My goal is to realign the network with great, family oriented content and widen the distribution through broadcast, cable, IPTV and broadband platforms. We have a solid management team in place with David Pless serving as Vice President/Production and Ken Gibson, Vice President of Affiliate Relations."

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 Vince Vellardita
Mr. Vellardita began his career over 30 years ago as a fast-paced music producer and promoter of over 200 live events and concerts with some of the biggest acts in the world. He also produced a Presidential campaign, Super Bowl events and Broadway Theater and Las Vegas shows. In 1987, Mr. Vellardita bought his first TV station in Nashville and built it into a television network with over 35 TV stations servicing over 9 million households, housing multiple sound stages and edit bays, as well as increasing revenues by bring in national accounts to this network. With Mr. Vellardita's diversified background and successful track record in Los Angeles, he then developed independent production studios becoming one of the largest independent operating studios in the United States having 22 sound stages on 20 acres of land and over 400 thousand square feet of Production facilities. Mr. Vellardita focused on film and television from building the sound stages to all aspects of deal making, as well as luring some of the biggest names in the television and motion picture community, including Paramount, Warner Brothers and Disney. Mr. Vellardita's excellent reputation in the entertainment industry allowed him to maintain a 95% occupancy rate while being involved in the production of several thousand episodes of television and hundreds of films.

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 Contact:
    Ingrid Clavijo
    Ph# (727) 953-9778