Company Positions Itself To Handle 30 Million Hits Per Day

December 17th, 2007 - IAS Energy, Inc. (OTCBB: IASCA) announced today that Video1314.com has upgraded its Fiber Optic backbone capacity from 100Mbps to 1000Mbps in Hong Kong, which is equivalent to twenty-two T3 lines. This added capacity and connection to the Internet would allow Video1314 to have the capacity to sustain over 30 million hits to its site per day. The Company entered into this upgrade due to the strong increase in visitors to its web site.

Video1314.com is currently a Chinese Web 2.0 platform similar to YouTube. IAS currently owns 20% of Video1314.com, and has an option to acquire 100% of the company by issuing a total of 50 million shares of IAS to the shareholders of Video1314. As well, IAS will pay US $650,000 in five equal payments over a one-year period to Power Telecom, the owner of Video1314, for development costs and working capital.

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 millions of visitors since March 2007. Today, there are over 13,700 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:
John Robertson, President
800-665-4616