Randy Michaels and Marc Chase to Work Jointly with Management and Become Strategic Advisors to the Company

TAMPA, Fla., Sep 15, 2011 –

IO World Media (“IOWorld” or “the Company”) (otcqb:IWDM) announces that it has agreed to terms of a Share Exchange Agreement to acquire “Up Your Ratings” (UYR) in a stock-for-stock transaction. Execution of the finalized Share Exchange Agreement and closing of the transaction is scheduled to be on or before September 30, 2011. UYR, which is owned by Randy Michaels and Marc Chase, is a private company with unique intellectual property that has been developed by Mr. Michaels and his team. UYR’s pure play recommendation system (ScenarIO) is designed to deliver a one-to-one, vs. a one-to-many, consumer preference based custom audio product that is specific to the users tastes, locations, moods or activities thus creating a unique audio experience to fit their “ScenarIO”. Also included in the UYR IP are design plans for a proprietary state of the art audio storage, retrieval, and distribution system that eliminates the need for a Content Distribution Network.

In addition, both Mr. Michaels and Mr. Chase will be Strategic Advisors to the Company. Their participation as advisors to the leadership team with their unique, distinctive, market leading perspective and their vast industry knowledge, experience and contacts is potentially the most significant asset of the transaction.

“Since the Company’s inception, everyone who has worked on this project has had the single goal of making the Company a leader in the Internet Media World,” commented Tom Bean, CEO of IO World. “The acquisition of Up Your Ratings and its intellectual property, combined with the leadership and expertise of Randy and Marc as special advisors to the company, is a move that will without a doubt create differentiation and provide a competitive advantage for IWDM. This is a big step in the right direction in the Company’s efforts to be a leader in the digital revolution.”

“IOWorld and RadioIO have long been innovators and pioneers in the Internet Radio Space including most recently with the launch of RadioIO Live(R) and The Bubba the Love Sponge(R) show,” stated Randy Michaels. “Marc and I look forward to continuing that tradition of innovation and with UYR’s IP and IOWorld’s platform we will implement a plan for internet radio that combines the best practices of traditional media with the most successful interactive characteristics of leading internet businesses. Traditional media is one to many. The distribution system itself creates a barrier to entry and creates market power. Mobil/Interactive digital is two way and can be one to many, one to some, or one to one.”

Randy Michaels has been involved in large market radio and TV broadcasting since the mid-1970′s, first as an engineer and air talent personality at WGR in Buffalo. He later moved into management, and was CEO of Jacor Communications in the 1990′s selling to Clear Channel in 1999 and remaining there as CEO until 2002. Early in 2005, Michaels began working with Oak Hill Capital partners on acquisition opportunities, culminating in the creation of Local TV LLC, a company that acquired nine local network-affiliated television stations formerly owned by The New York Times Company. In early 2007, Michaels became CEO of the company. On December 22, 2007, Local TV announced it was acquiring eight large market stations from Rupert Murdoch’s News Corporation. On December 20, 2007 Michaels joined the Chicago based Tribune company as CEO of Interactive and broadcasting. He became CEO of the parent company in 2009. In July of 2011 he formed Merlin Media LLC with GTCR, a Chicago based private equity group that has invested over 8.5 billion in more than 200 companies. Merlin Media is a multiplatform media company. Merlin has recently closed on its acquisition of WEMP New York, WLUP Chicago, and WWWN Chicago.

Marc Chase is an award winning media executive with over 30 years of professional experience including President of Tribune Interactive, Senior Vice President of Programming for Clear Channel Communications, and Regional Vice President of Programming for Jacor Communications. He has hosted morning shows in Tampa (WFLZ) and Nashville (WYHY) as well as a nationally syndicated TV show for WGN America. Marc served on the boards of Classified Ventures (Cars.com, Home Finder, Apartments.com, Career Builder, Legacy.com, Topix.com and Metromix). Recently, Marc co-founded NUVOODOO a media services company focusing on marketing, research, digital services and consulting.

IO World Media, Inc. is an internet media platform that delivers streamed audio product to distinctively differently audiences for the purposes of generating revenue and profits. Its three operating businesses are: 1) Radioio where IWDM streams a broad variety of different music genres to paying subscribers. The advantages here are that subscribers can receive extraordinarily high-quality fidelity music via 70+ different channels with, or without, advertising interruptions. 2) IO Business Music is the 21st century adaptation of the nearly century-old business background music found in restaurants, elevators, office building lobbies, etc. The advantage here is lower cost, far better fidelity and far greater flexibility regarding programming. 3) Radioio Live is a wholly new operation that focuses on providing the Company’s listeners with access to live and archived proprietary talent content. Bubba the Love Sponge is the first of the Radioio Live producers of live content.

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.

SOURCE: IO World Media

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IO World says it is moving toward profitability

Online streaming radio company IO World Media, best known as the distributor of Bubba The Love Sponge’s uncensored show, reported a big jump in revenues for Q2. The company also reduced its net loss.

“We are pleased with our results from operations in the second quarter as we continue to experience growth and see significant increases in revenue from all of our business units which is helping the company build a sound and balanced operating foundation,” said CEO Thomas Bean. “Further, with the elimination of non-reoccurring expenses, we continue to move closer to profitability and see both our short-term and long-term plans reaching fruition.”

Q2 revenues jumped 147% from a year earlier to $473,321. Meanwhile, excluding non-recurring expenses of $132,871, IO World reported a net loss of $197,774, down from a loss of $247,323 for Q2 of 2010.

The company notes that the revenue results reported for Q2 in include revenue that was received during the successful launch of RadioioLive and the Early Enlistment Program for the Bubba Army. “This revenue will be recognized pro rata over the thirty-six month life of the Early Enlistment subscriptions in accordance with GAAP,” the company noted.

The company had reported that the Early Enlistment program in February raised nearly $1 million.

IO World trades on the “pink sheets” as IWDM. The stock has traded from a high of 68 cents to a low of five cents in the past 52 weeks – most recently around 10-11 cents.

Press Release (original release date April 25)

TAMPA, Fla.–(BUSINESS WIRE)– IO World Media Incorporated (“IOWorld” or “the Company”) (OTCQB: IWDM) announces the engagement of Catalyst Financial Resources to help with Investor Awareness and shareholder education about our fast-changing and growing media operations. Catalyst will not only help explain to the public some of the transformative steps that the Company will be experiencing (new partnerships, hires, technologies and services) in the very near future but also provide an effort to lay-out the process by which IOWorld continues to expand as a leading internet media delivery company with a full-range of programming suitable for multiple tastes.

Catalyst Financial Resources is operated by long-time and devoted small- and micro-cap advocates, Marc Robins, CFA and Scott Butler. The team has worked to create investor awareness in enumerable “up-and-coming” operating titans as they have begun their assent in the public arena including Force Protection, (FRPT), ZAGG, Inc. (ZAGG), Psychemedics, Inc. (PMD), and many other. Robins, founder of the original The Red Chip Review and past stringer contributor for Forbes magazine, was quoted as saying, “We’ve followed the progress of IWDM and their new alliance with “Bubba the Love Sponge” for nearly a year and believe the delivery mechanism they’ve developed is very powerful and broad reaching. IOWorld has capacity, technology, talent and the willingness to become a leading internet media Company out of this nascent effort. We are very excited to be aboard and welcome investor’s calls!”

“Our goal is to make as much information as possible available to every current and potential shareholder as we continue to grow both our offering and our audience,” commented Tom Bean, CEO of IO World. “We are pleased to have the talents of Marc and Scott joining our team.”

IO World is an internet media platform that delivers streamed audio product to distinctively different audiences for the purposes of generating revenue and profits. Its three operating businesses are: 1) Radioio where IO World streams a broad variety of different music genres available for free as ad supported streams and advertising free for paying subscribers. The advantages available for subscribers over free streams are that they can receive extraordinarily high-quality fidelity music via 70+ different channels without advertising interruptions. 2) io4business is the 21st century adaptation of the nearly century-old business concept of background music found in restaurants, elevators, office building lobbies, etc. The new streaming delivery format employed provides advantages to the consumer of lower cost, ease of customization for their brand and far greater flexibility regarding programming. 3) Radioio Live is a wholly owned new operation that focuses on providing the Company’s listeners with access to both live and archived unreplicable, proprietary content available exclusively on Radioio Live. Bubba the Love Sponge is the first talent signed by the company and the pioneer of the Radioio Live content providers.

IO World Media (“IOWorld” or “the Company”) (Pink Sheets: IWDM) announces the granting of 100 shares of restricted common stock to all participants in the Early Enlistment Program for subscriptions to Radioio Live, featuring exclusive content from Bubba The Love Sponge® and The Bubba Radio Networks broadcast team, which the Company offered in the month of February. Further, the Company is pleased to report that it received nearly $1,000,000 in revenue from the program and that subscription enlistments continue to grow at a very good pace.

“We are very excited with the success of the Early Enlistment Program and the Bubba Army’s early support of Radioio Live,” stated Bubba the Love Sponge. “We talked about extra benefits for Early Enlisters and are extremely excited to offer these loyal Bubba Army followers an opportunity to own a piece of IoWorldMedia Inc. and participate in the evolution of media content delivery.”

“The success of the Early Enlistment Program represents a significant shift forward with respect to the capitalization of the Company,” said Thomas Bean, CEO of IO World Media. “Equally exciting is the continued substantial growth in subscriptions for the Company’s unique content, and the positive impact we believe this will have in increased shareholder value.”

Both monthly and annual subscription packages to Radioio and Radioio Live® programing are also available at www.radioio.com

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.

From February 1st to the 28th for $299.99

Get Your Discounted Early Enlistment Papers for Unlimited Access to Exclusive Content, Featuring the Bubba the Love Sponge Show®, as Well as Commercial Free CD Quality Music on Radioio and Radioio Live® for 3 Years by Signing up Now!!

TAMPA, Fla.–(BUSINESS WIRE)–IO World Media (“IOWorld” or “the Company”) (Pink Sheets: IWDM) announces the Bubba Army Radio® Early Enlistment Program on Radioio Live® starting February 1st and ending February 28th 2011. During this period, for the early enlistment price of $299.99 (regular retail price of $467.64), Bubba Army Radio® listeners will receive a 3 year subscription for the Bubba Army Two Star package, which will allow for unlimited access to the new, exclusive, uncensored Bubba 2 channel on Radioio Live as well as access to all on demand and download services (as soon as available) for all of the current and former years of archived content from Bubba and his crew. The Early Enlistment Program also provides unlimited access to all other available music programing COMMERCIAL FREE in CD quality on Radioio including the Audiophile Channels.

“This is a once in a life time opportunity to be a part of the future of how Radio is heard”

By signing up during this period you will also receive your uniquely numbered, commemorative Early Enlistment Papers which will entitle you to numerous unique opportunities with the Bubba Army and Radioio Live® in the future.

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Tampa Bay’s Bubba the Love Sponge left the satellite radio service Sirius XM and began an Internet-only broadcast agreement with IO World Media this month.

He had been broadcasting on Howard Stern’s channel Howard 101 since 2006.

Thomas Bean, chief executive officer of IO World Media (Pink Sheets: IWDM), said it’s the beginning of a new brand of content, one that will lead to audience growth and increased revenue for the Tampa company.

“We hope to demonstrate that the Internet is a viable alternative to deliver proprietary content,” said Bean, who met Bubba in 1992 and has been his agent and business manager since the late 1990s.

On Jan. 3, Internet radio station RadioIO, owned by IO World Media, began offering The Bubba the Love Sponge Show live from 6 to 10:15 a.m. Monday through Thursday. The same show is available on six terrestrial stations, including 102.5 The Bone.

On Jan. 10, Bubba began broadcasting a new RadioIO-exclusive show from 10:30 a.m. to 12:30 p.m.

In addition, five “Bubba Army” music channels debuted Monday with music programmed by Bubba and personalities from the Bubba Radio Network.

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