LOS ANGELES, March 6, 2012 –/PRNewswire/ — Independent Film Development Corporation (OTCBB: IFLM), an international distributor of digital films and producer to the multi billion dollar Independent Film Industry, announced today that is has launched its Internet-based entertainment company, www.HollywoodIndy.com.
HollywoodIndy is an entertainment-based Internet property specializing in social networking and resourcing for the independent film and television market. The property aims to be a one-stop resource for working film professionals in the industry, sharing employment and job resources, servicing screenwriters, casting, lodging, location personnel and support services for both above the line and below the line professionals. While the brand integrates with the Company’s business model, plans call for the brand to have an independent revenue model to include advertising, paid posts, membership services and video distribution services.
“We are extremely excited about the launch of HollywoodIndy. This property becomes the cornerstone in the build out of our strategic plan, with it helping to identify, distribute and market content for our company,” said Jeff Ritchie, CEO, Independent Film Development Corporation.
About Independent Film Development Corp.
Based in Los Angeles, California, Independent Film Development Corporation is developing a multi-pronged approach to integrate the multi billion dollar independent film market to include web, sales and distribution and development.
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE Independent Film Development Corporation