IO World Media, Incorporated ("the Company") (OTCQB: IWDM) announces
that effective November 9, 2011, the Company completed the acquisition
of all the issued and outstanding shares of common stock of Up Your
Ratings, Inc. ("UYR") in exchange for the issuance to the three former
stockholders of UYR of an aggregate of 30,000,000 shares of its common
stock. As a result of this acquisition, UYR has become a wholly owned
subsidiary of the Company.
UYR is a private company with unique intellectual property that has been
developed principally by Randy Michaels.
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.
