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IBC Radio Network Announces Discussions with International Shortwave Station.

Business Editors

SANTA MARIA, Calif.--(BUSINESS WIRE)--June 19, 2003

International Broadcasting Corporation (OTCBB:IBCS) announced today that it is in talks with Miami-based International shortwave station WRMI. The discussion involves several different topic areas and IBCS will keep the shareholders informed of the specifics as they evolve. Earlier this year, IBC Radio Network and its strategic partner, Lou Gentile's Paranormal Radio Network (LGPRN), began broadcasting limited programming on WRMI.

Recent Network Studio Upgrades

IBC Radio Network, a division of International Broadcasting Corporation, based in Santa Maria, CA, recently upgraded its technical broadcasting infrastructure. In a complete technical infrastructure merger with Lou Gentile's Paranormal Radio Network (LGPRN), IBC Radio Network now offers several independent FM radio-quality stereo Internet radio feeds customizable to the listener's Internet connection. These upgrades provide the necessary technical foundation for expanded distribution to AM and FM stations and satellite. IBC Radio Network is also proud to announce that it has expanded its studios and production facilities to two locations, one in Philadelphia, Pennsylvania and another on Vancouver Island, Canada. The Canadian studio is the first step in establishing an International presence.

About WRMI

Since 1994, Radio Miami International has operated FCC-licensed shortwave station WRMI -- a commercial international radio station which transmits to listeners throughout the Americas -- from Alaska to Tierra del Fuego -- in English, Spanish and other languages. The WRMI staff has decades of experience in shortwave broadcasting. Jeff White is General Manager of WRMI. He began listening to shortwave radio as a teenager in 1972, and became a shortwave broadcaster in 1977. He has a journalism degree from Northern Illinois University, where he served as News Manager for the public radio station there for several years. Jeff has worked as a freelance journalist and/or audience researcher for a variety of international radio stations, including the BBC, Voice of America, Radio Canada International, Deutsche Welle, Radio Netherlands, Swiss Radio International, National Public Radio and many others. He co-founded shortwave stations Radio Earth and Radio Discovery, as well as WRMI (of which he is a co-owner). Mr. White currently serves as President of the National Association of Shortwave Broadcasters (NASB).

About International Broadcasting Corporation

International Broadcasting Corporation is a developmental stage company that endeavors to develop successful publishing, media, and broadcasting related businesses and ventures. The Company is focused on developing and providing online information and entertainment content through three units: IBC Radio Network (http://www.ibcradio.com), IBC News Network (http://www.ibcnn.com), and IBC Entertainment Group (http://www.cultmoviesonline.com). For more information about IBCS and all of the different services, visit the 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.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 19, 2003
Words:527
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