Dallas, Texas (July 21, 2011) – StockGuru shines its Spotlight on Intelligent Communication Enterprise Corporation (ICE) (OTCBB: ICMC), the owner and operator of Modizo.com. Today the Company announced that it has entered into an agreement with UTV Interactive, the digital arm of UTV, India’s media and entertainment conglomerate, to distribute celebrity based content overseas. The agreement, which kicks off the relationship between the two companies, will pave the way for UTV’s content to be distributed in the international markets over ICE’s mobile distribution platform. ICE will commence trials in the UK, Malaysia and Singapore in the coming weeks which is expected to be followed by a much wider distribution of a variety of new and exclusive content. On July 20, 2011, the Company closed at $0.38 closing on light volume of 3,558 shares.
ICE sync, ICE’s content distribution platform, which currently hosts its Modizo.com celebrity video blogging application and the related mobile applications, will carry UTV’s content, tailor-made for mobile devices, featuring video blogs from leading Indian stars and icons from the world of Bollywood, cricket, music, religion and much more. UTV, which specialises in creating, aggregating and delivering content, will leverage its exclusive arrangements with leading Bollywood stars to provide unique video clips for web and mobile distribution over ICE’s platforms.
“The agreement is in line with our expansion plans for Modizo as we are preparing to launch our new web and mobile distribution platforms shortly, and we could not have chosen a better partner to launch Bollywood content,” stated Victor Jeffery, CEO of ICE.
“We are currently at an aggressive growth phase made for digital content for the discerning user’s needs for diverse platforms. Our partnership with ICE will help us deliver content to the growing fan base overseas and extend our reach to millions of users outside of India,” stated Sameer Pitalwalla, Senior Vice President – Video Products, Interactive – UTV.
About Intelligent Communication Enterprise
Intelligent Communication Enterprise Corporation (OTCBB: ICMC) offers a range of innovative enterprise and consumer solutions over the mobile phone. ICE Corp. owns and operates the ICEsync platform, which currently hosts Modizo.com, the celebrity video blog, and the related applications for mobile devices. Intelligent Communication Enterprise is a Pennsylvania, USA, Corporation, with offices in Singapore and Malaysia. For more information visit http://www.modizo.com.
About Interactive – UTV
Interactive, the digital vertical of UTV, which came into the fold in May 2008, looks after the dissemination of entertainment based content over the digital space, more specifically the mobile and web. UTV has identified the tremendous potential in this arena and is creating products and applications that consumers can use and enjoy across demographics. With the strategic focus being across two mediums, Voice and Video, UTV has rolled out products such as Audio Cinema, Audio Devotion Celebrity based — voice blogs, voice chats and even video chats and continues to innovate in the space of made for mobile content.
Safe Harbor Statement
This news release may contain “forward-looking” statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions. Actual results may differ materially from the forward-looking statements in this press release, additional risks and uncertainties are identified and described in the Company’s SEC reports. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and the Company specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.
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