ValCom Issues Statement Clarifying Press Release by NextOne Interactive, Inc.

ValCom Issues Statement Clarifying Press Release by NextOne Interactive, Inc.

CLEARWATER, Fla., April 20, 2011 /PRNewswire/ -- ValCom, Inc. (VLCO.PK) today provided a statement of clarification related to a press release issued by NextOne Interactive, Inc. on April 5th.

In the release, NextOne Interactive stated it had entered into an agreement to acquire a controlling interest in ValCom, Inc. ValCom's President and CEO, Vince Vellardita, provided the following statement pertaining to the press release:

"Contrary to their announcement, an agreement with NextOne Interactive has not been finalized nor executed. We previously signed a non-binding letter of intent for a transaction where NextOne would acquire a percentage of ValCom's outstanding common stock in exchange for cash, NextOne's stock, and NextOne's assumption of some of ValCom's liabilities. Any such transaction with NextOne would be subject to the approval of ValCom's shareholders and its Board of Directors."

ValCom has an established relationship with NextOne Interactive which has primarily involved NextOne carrying ValCom real estate auctions on NextOne's R&R TV network.

About ValCom, Inc.

Based in Clearwater, FL, 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, distribution, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at http://www.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 detail in the Company'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.

SOURCE ValCom, Inc.

ValCom, Inc.

CONTACT: Investor Relations, Ingrid Clavijo, +1-727-953-9778

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

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