Three-for-One on Intelligent Communication Enterprise

Hazel Rycroft

INTELLIGENT Communication Enterprise Corporation has announced that its Board of Directors has approved a three-for-one forward stock split of Intelligent Communication Enterprise. Shareholders, recorded at the close of business on February 5th 2010, will receive two additional common shares for every share held.

Intelligent Communication Enterprise came together as a group of companies with the common goal of delivering world-class mobile marketing and communications solutions. ICE group consists of companies in mobile messaging, mobile fraud prevention and leading edge mobile marketing technologies.

 ICE Corp CEO Luther L. Jao stated, "Currently the float of the company's common stock is less than 7 per cent of the total issued and outstanding shares. We believe that this three-for-one split will provide a meaningful increase in the liquidity of our shares in the market, and make ICE Corp stock more attractive to a broader range of investors. We see significant potential for growth in our business as the company prepares for location based services, and we remain committed to attracting investors who share our enthusiasm and take a long-term view of the company's growth opportunities."

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