Icon Media Holdings, Inc. Announces Store Launch on Amazon France
October 12 2011 - 2:45PM
Marketwired
Icon Media Holdings, Inc. (PINKSHEETS: ICNM) announced today that
the Company has continued expanding into Europe by launching a
storefront on Amazon France.
Online shopping has continued its exceptional growth in France.
According to the Federation du E-commerce de la Vente a Distance
(FEVAD), e-commerce sales are projected to be up 22% this year to
$54 billion (US).
"The launch in France is the continuation of our global
expansion strategy. This is the third largest e-commerce market in
Europe and it is important to begin creating a localized presence
in new markets," said Rob Deakin, CEO of Icon.
The product launch has already started generating additional
revenue and should be fully operational before the important
holiday purchasing season begins. The Company projects that this
channel could add 7-8% in additional revenue the first year.
About Icon Media Holdings, Inc. (ICNM):
Icon Media Holdings, Inc. is a diversified global e-commerce
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 supports e-commerce companies
through its financial services division IFX Financial Group.
Website: www.iconmediaholdings.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.
Contact: Terry Kraemer Phone: 919.237.5700 ext. 203
info@iconmediaholdings.com
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