Icon Media Holdings, Inc. Launches Spectrum Velocity, A Wireless Solutions Provider

Raleigh, NC (Marketwired) - Icon Media Holdings, Inc. (PINKSHEETS: ICNM), a Raleigh, NC-based technology company, announced today that it has launched Spectrum Velocity to provide turn-key technical services for the "In-Building" and Distributed Antenna System (DAS) wireless markets.

The new company offers "high-end" technical and engineering consulting in the fields of in-building wireless, broadcast, frequency coordination and database management, RF risk management, systems design and integration. The company caters to the domestic and international wireless industry, commercial real estate, broadcast, government and military.

ABI Research estimates the in-building wireless market in the US alone will reach $9 billion by 2016. "We are excited to enter into this fast growing market, which we see as an expansion of our existing technical expertise," said ICNM's President/COO, Jerry Brown. "We have begun assembling a veteran team that will give us the opportunity to make an immediate impact."

About Icon Media Holdings, Inc. (ICNM)

Icon Media Holdings, Inc. is a diversified global technology company. The Company currently owns and/or operates e-commerce websites and sells on storefronts such as Amazon, Amazon UK and eBay, among others. The Company also offers fulfillment and technical services, merchant processing and select financial products to other e-commerce businesses. The Technical Services Group provides engineering and technical consulting for the wireless industry.
www.iconmediaholdings.com
www.spectrumvelocity.com

Forward-Looking Statements & Disclaimers:
The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.