IO World Media Announces the Resignation of Alex H. Edwards III from the Board of Directors
January 18 2012 - 4:00PM
Business Wire
IO World Media (“IOWorld” or “the Company”) (OTCPK:IWDM)
announces that on December 31, 2011 it accepted the resignation of
Alex H. Edwards III from its Board of Directors. Mr. Edwards has
been a director since the creation of the Company and has served in
many roles. He is resigning to commit full time to his endeavors in
the alternative energy complex. The Company anticipates replacing
Mr. Edwards in the near future and expanding its Board of Directors
to reflect the continuing growth of the Company.
IO World Media, Inc. is an internet media platform that delivers
streamed audio product to distinctively different audiences for the
purposes of generating revenue and profits. Its three operating
businesses are: 1) Radioio where IWDM streams a broad variety of
different music genres to paying subscribers. The advantages here
are that subscribers can receive extraordinarily high-quality
fidelity music via 70+ different channels with, or without,
advertising interruptions. 2) IO Business Music is the 21st century
adaptation of the nearly century-old business background music
found in restaurants, elevators, office building lobbies, etc. The
advantage here is lower cost, far better fidelity and far greater
flexibility regarding programming. 3) Radioio Live is a wholly new
operation that focuses on providing the Company’s listeners with
access to live and archived proprietary talent content. Bubba the
Love Sponge® is the first of the Radioio Live producers of live
content.
Certain statements in this release could constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results performance or
achievements of the company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Except as otherwise stated in this
news announcement, IO World Media, Inc. does not undertake any
obligation to publicly update or revise any forward-looking
statements because of new information or future events.
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