|By Marketwired .||
|May 21, 2014 05:30 AM EDT||
RALEIGH, NC -- (Marketwired) -- 05/21/14 -- Icon Media Holdings, Inc. (PINKSHEETS: ICNM), a Raleigh, NC-based online retailer and website publisher, announced today that it has acquired five premium Internet domains: marijuana-x.com, MMJ-X.com, 420-X.com, growers-x.com and edibles-x.com. ICNM's portfolio of websites will be employed by ICNM and others to sell marijuana-related equipment and services, as well as to serve as a hub for social media interaction and content sharing. ICNM's entry into the multi-billion dollar marijuana space will be supported by its current order fulfillment operations located at its Raleigh, NC warehouse facility.
"We have the warehouse space, the proven procurement and shipping infrastructure, as well as an e-commerce backend/platform, to have a huge impact in the online Medical and Adult-Use Marijuana industry," said ICNM's President/COO, Jerry Brown. "In addition, we will offer advertisers a single source for exposure into every channel within the Medical and Adult-Use Marijuana space -- the cross-marketing opportunities and prospects for monetization are, quite literally, endless."
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 services, merchant processing and select financial products to other e-commerce businesses. 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.
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