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Message #25
From: NewsBot
Date: November 15, 2006 06:25:00 AM

IBCS News International Broadcasting Corp. Announces Assembly of Advisory Team

SPOKANE, Wash.--(BUSINESS WIRE)--International Broadcasting Corp. (OTC: IBCS) announced today that it has formed a special Advisory Team of independent individuals with expertise in finance, mergers and acquisition and corporate expansion to consult its Board of Directors.

The special Advisory Team is comprised of experienced executives that are existing shareholders seeking to assist the Company in expansion and growth as well as promote shareholder value. The Advisory Team will not be receiving any fees for their services.

IBC plans to use proceeds from its next round of financing for expansion of the Company’s radio talk content, as well as merger; acquisitions and strategic alliances for complimentary businesses, products and services.

Over the past few months IBC has been executing on an aggressive corporate restructuring program that has been led by its President, Mr. Darrell Nether, and the formation of the special Advisory Team is another element of the plan.

Mr. Darrell Nether, President of International Broadcasting Corporation, commented, ”What better way to move IBC forward than with a group of varied interested professionals that already have a vested interest in seeing the success of their investment. It is truly a win-win situation."

About IBCS: A Broadcaster and Holding Company

International Broadcasting Corp. owns and operates "Stock Talk LIVE," a fully interactive 7-hour long business radio talk show focused exclusively on small-cap stocks priced below $5. Since 2002, the show has been "on-the-air" each and every stock market day. Every show covers a wide spectrum of stocks, interesting and knowledgeable callers, and significant trading opportunities for both long and short-term perspectives. International Broadcasting is also a holding company, holding stock positions in many other young, progressive companies. For more information about International Broadcasting Corporation, please visit our main corporate website at www.IBCmedia.com.

Statements in this press release other than statements of historical fact are ``forward-looking statements.'' Such statements are subject to certain risks and uncertainties including the demand for the Company's services, litigation, labor market, and other risk factors identified from time to time in the Company's filings with the Securities and Exchange Commission that could cause actual results to differ materially from any forward looking statements. These forward-looking statements represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update these forward-looking statements. The disclaimer for sponsors is located at http://ibcnn.com/disclaimer.htm.

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