ValCom Is on Target to Launch the Nation’s First Live Latino Interaction...

ValCom Is on Target to Launch the Nation’s First Live Latino Interaction Game Show, ‘Latino Bingo’



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PALM SPRINGS, Calif.–(HISPANIC PR WIRE – BUSINESS WIRE)–Sept. 11, 2003–ValCom, Inc.(http://www.valcom.tv) (OTCBB:VACM) (Frankfurt XETRA:VAM), an entertainment company, announces today that it’s on target to launch “Latino Bingo”(TM), America’s first live Interactive Hispanic Television Game Show, where all of the contestants will be participating at home via their television set and telephone. The “Latino Bingo”(TM) television game show concept will represent the first true Hispanic interactive game show, with only the home viewers being the contestants and winning the announced prizes. This unique and powerful 13-week, half-hour, live interactive game show will turn television viewing into a meaningful and exciting interactive experience. Seven Telemundo affiliates are scheduled to start broadcasting Oct. 25, 2003, from 11:30 a.m.-12:00 p.m. (Noon) PT and every Saturday thereafter. Viewers may obtain their game cards to participate in this live interactive game show at participating sponsor locations. “Latino Bingo” will be produced at the KUNA-TV 15 studios in Palm Desert, Calif., with a live audience, which will have a chance to win a separate prize package. Broadcast markets are Palm Desert, San Diego, Las Vegas, Sacramento, Santa Barbara-Santa Maria, Yuma-El Centro, and Bakersfield.

The U.S. Hispanic buying power is estimated at $500 billion for 2002 and is anticipated to grow to $928 billion over the next five years, as reported in the STAR Business Journal, Oct. 11, 2002. The Latino community is estimated to be 1/3 of the U.S. population.

“Not only are we elated to be affiliated with KUNA/Telemundo, which is part of a group consisting of seven stations, this is also a great business opportunity for all parties involved. This innovative program will give advertisers their return on dollars spent, by reaching the rapidly growing buying power dollars of the Hispanic demographic, and the affiliation gives ValCom a way of generating revenues through ad sales and sponsorships. This agreement enables the Company to provide innovative programming to meet the demands of the growing Hispanic market and to capitalize on the available ad revenues,” stated Vince Vellardita, CEO and President of ValCom, Inc.

KUNA-TV, Channel 15, the Telemundo affiliate serving Indio, Coachella, Cathedral City, and the entire Coachella Valley, will be the originating station for the nation’s first interactive game show in Spanish, “Latino Bingo.” “I am thrilled to be involved with ValCom. It is not often that a Latino broadcast group is involved with a prestigious Hollywood entertainment company, and I look forward to a long-term, successful relationship with ValCom. The live broadcast will be offered to all seven non-owned and operated affiliates in the Western time zone,” reported Martin Serna, General Manager of KUNA-TV.

Based in Valencia, Calif., ValCom, Inc. is a diversified and vertically integrated, independent entertainment company. ValCom, Inc., through its operating divisions and subsidiaries, plans to create and operate full service facilities that accommodate film, television, and commercial productions with its four divisions that are composed of: studio, film and television, camera/equipment rentals, and broadcast television ownership. The Company owns/operates 12 acres of land and approximately 200,000 square feet of commercial building space with 12 film and television production sound stages. ValCom maintains long-term contracts with Paramount Pictures for their hit CBS series “JAG” and “NCIS.” ValCom’s equipment/camera and personnel rental business, Half-day Video, is a leading competitor in the Hollywood community. The Company and its partnership operate ValCom Broadcasting KVPS-TV Channel 8 in Palm Springs, Calif. For additional information visit http://www.valcom.tv or call Ms. Shari Edwards at 661-257-8000.

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any “forward-looking statements” are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Any statements that are not historical fact (including without limitation statements to the effect that ValCom, Inc. or its management “believes,” “expects,” “anticipates,” “plans,” “looks forward,” and similar expressions) should be considered forward-looking statements.

–30–TM/la*

CONTACT:

ValCom, Inc.

Shari Edwards

661-257-8000

ValCom Is on Target to Launch the Nation’s First Live Latino Interaction Game Show, ‘Latino Bingo’