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IAS ENERGY, INC's WWW.VIDEO1314.COM FEATURED IN LEADING CHINESE NEWSPAPER
HONG KONG & VANCOUVER, British Columbia--(BUSINESS WIRE)--IAS Energy, Inc. (OTCBB:IASCA) announced today that Video 1314.com (www.video1314.com) was featured in the Hong Kong Economic Times, a leading Chinese newspaper, in a story on rapidly growing Internet portals, including Alibaba, YouTube and Facebook. The article discussed the various features of Video1314.com, including the fact that it offers a video clip uploading platform "faster than YouTube's."
The newspaper noted in a translated version of the story that Video1314.com has grown significantly in popularity despite only recently being launched. It cited the fact that, "The local website of Video1314.com started its v1.0 trial in the middle of this March and soon ranked the 29th on the UGC (User-Generated Content) Website Chart on the Mainland." The translated version of the article can be veiwed online at www.iasenergy.com.
The Company's strategy is to combine many of the most desirable features and functionality of the leading web sites to create a destination portal. According to the article, "The local website of Video1314.com started operation early this year recreating the video clips platform of YouTube, and has added various functions such as photo uploading, music uploading and transactions, with the aim to construct a Chinese-interface site combining YouTube's video clip uploading, Alibaba's on-line transactions and Facebook's network social interactions."
ABOUT VIDEO1314.COM
Video1314.com is currently a Chinese Web 2.0 platform similar to YouTube. Video1314's Chinese platform will be expanded and has plans to launch across Asia in Japanese, Korean and English. Besides Video, photo and audio sharing capabilities, Video1314 will grow its business to offer a C2C, B2C and B2B marketplace to buy and sell goods for its members. Video1314 focuses on three main areas:
- Free online photo, video and audio sharing,
- A marketplace (similar to Alibaba) to buy and sell goods using video, photo and audio technologies
- High resolution TV programs that can be watched over the Internet
The site has attracted over a million visitors since March 2007. Today, there are over 10,000 video clips in 18 video channels that consist of sports, music, food and many others.
ON BEHALF OF THE BOARD OF DIRECTORS
"John Robertson"
John Robertson
President
Forward-Looking Statements
Statements in this press release regarding IAS Energy, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
Contact:
IAS Energy, Inc.
John Robertson, President
800-665-4616
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