For Immediate Release: April 27, 2010, Hong Kong and Vancouver, BC - IAS Energy, Inc. (IASCA : Pink Sheets) is pleased to announce the launching of a wireless entertainment application with two parties in China. The contract was previously announced March 25, 2010 between Video1314.com (100% owned by Power Telecom) and an entertainment content provider in China on March 25, 2010. This paid application will allow users to watch short video clips over regular 2.5G mobile networks. China Mobile and China Unicom are assisting in the billing to end users. Samuel Kam, President and CEO of Video1314.com states, "This partnership should bring significant revenue to Video1314."

Details of the contract are as follows:

1/  Party A, Video 1314.com, is operating a Chinese Web 2.0 platform which allows users to share video, music and audio programs. Since the launching of this video website, it has attracted millions of users and is now one of the top Web 2.0 websites in Asia. Video1314.com mainly serves the region of Greater China, including Mainland China, Macao, Taiwan, Malaysia and Singapore.

2/  Party B, Funvio Technology Ltd., Hangzhou, is a hi-tech company possessing up-to-date audio-video coding and de-coding technology. The company is rich in the media operation platform, and is also operating "FunVv", an influential mobile phone streaming media audio/video gateway. They are very experienced in streaming media video-audio services and hold unique promotion channel resources.

3/  Party C, Datacom Information Technology Ltd., Guangzhou, is a company specialized in supplying commercial-based processing services to overseas customers. It is also engaged in the development and application of commercial-based data processing technology. The head office is in Hong Kong and the main marketing responsibility of the company is to develop overseas market for customers in Mainland China.

"Video1314.com will now be able to expand its platform to be accessed by mobile phones which are expected to reach 766 million users by 2012," states John Robertson, President of IAS Energy, Inc.

ABOUT VIDEO1314.COM
Video1314.com (www.video1314.com) is a service provider operating a Chinese Web 2.0 platform which allows users to share video, music and audio programs. Since the launching of this video website, it has attracted millions of users and is now one of the top Web 2.0 websites in Asia. Video1314.com mainly serves the region of Greater China, including Mainland China, Hong Kong, Macao, Malaysia and Singapore.

For further information please visit www.iasenergy.com or www.video1314.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"John Robertson"

John Robertson
President

Contact:
John Robertson
800-665-4616

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