ValCom Successfully Moves Library To New Corporate Headquarters

ValCom Successfully Moves Library To New Corporate Headquarters

NEW YORK, May 25, 2012 /PRNewswire/ -- A spokesperson for ValCom, Inc. (Pink Sheets: VLCO) reported that over the past 30 days, since the relocation of ValCom's corporate headquarters to offices in Boonton Township, New Jersey, the media library consisting of over 1,000 movies, 5,000 songs and hundreds of television episodes, has been successfully moved to the New Jersey corporate headquarters from locations in Florida and Tennessee.

Tim Harrington, CEO of ValCom, stated "Now that we have completed the transfer of the library to New Jersey we are in the process of organizing and consolidating the inventory as well as identifying all movies, audio and television series master tapes that need to be digitized for marketing and monetizing." Mr. Harrington continued, "We are also in the process of interviewing potential accounting personnel and finance officers and expect to make a decision as to a new CFO in the coming weeks. In addition, we have been interviewing accounting firms to identify the appropriate professionals to assist with auditing ValCom's financial statements. We recognize the importance of having this addressed promptly and efficiently."

Patrick Willemsen, Chairman of the Board commented, "While there are many endeavors that need to be undertaken over the coming months to turn this company around, we are focused on implementing actions which will lead us towards regulatory and financial compliance. To assist with this, TRI-PARTNERS LLC has committed to the additional financing contemplated under their June 2011 agreement with ValCom; that financing is now back on track. We intend to keep shareholders advised of any significant material developments and achievements as we move forward."

About ValCom, Inc.

ValCom, Inc. is a diversified, fully integrated, independent entertainment company that has been in operation since 1983. ValCom, Inc., through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting (My Family TV Network), distribution, and live theatre. For more information, please visit the company's website atwww.valcom.tv



Note About Forward-Looking Statements



With the exception of historical information, this press release may contain forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties relating to our business which are discussed in ValCom's periodic filings with the Securities and Exchange Commission. ValCom, Inc. does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.



For More Information Contact:
Tim Harrington
T: (973) 570.5656

SOURCE ValCom, Inc.

ValCom, Inc.

Web Site: http://www.valcom.tv


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