ValCom Inks Multiple Content Distribution Deals
CLEARWATER, Fla., March 20, 2012 /PRNewswire/ -- ValCom, Inc. (VLCO.Pinksheets) announced today that it has continued to create new business and revenue for the company after its participation in NATPE, an annual conference of television programming executives held in Miami in January.
The company has entered into distribution agreements with 5 different companies where ValCom will receive license fees for video and film content. The agreements will bring in revenue in the mid six-figure range for the company.
ValCom has a library of audio and video content of over 6,000 titles. The company has an aggressive sales and marketing effort underway to license content domestically and in all international regions.
"This is just the tip of the iceberg for our content distribution division," stated Vince Vellardita, President and CEO of ValCom. "We've built a powerful team that is out representing ValCom in the marketplace. We know the value of our content and we're letting the rest of the world know about it!"
ValCom will have representatives at MIPTV, an annual conference where over 11,000 participants and buyers from 100 countries gather to make deals, discover new business opportunities, and license television programs & motion pictures for TV Networks & cable companies around the world.
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 television and film production, broadcasting (My Family TV Network: www.myfamilytv.tv), distribution, 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 www.valcom.tv
Note About Forward-Looking Statements
With the exception of historical information, this press release may contain forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties relating to our business which are discussed in detail in the Company's periodic filings with the Securities and Exchange Commission. ValCom, Inc. does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Investor Relations:
Ingrid Clavijo
(727) 953-9778
SOURCE ValCom, Inc.
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