IndieMV Media Group to Begin Asian Expansion in Philippines with Appointment of Strategic...

IndieMV Media Group to Begin Asian Expansion in Philippines with Appointment of Strategic Board Member

IndieMV Moves to Open Asian Marketplace and Expand Reach as
Multi-Billion Dollar Digital Music Industry Continues to Boom
NEW YORK--(Business Wire)--
IndieMV Media Group, Inc. (OTCBB:IDMV), a company that is
pioneering new business models and social media sites for the
distribution, licensing, and marketing of digital media, today
announced that the Philippines would be the entry point for the
Company's Asian expansion. Utilizing the vast contacts and network of
newly appointed Board member, Sherwin Lim, the Company plans to
capitalize on the opportunities that exist in the Philippines as the
Company's entry point into the Asian marketplace.

"With the Philippines being one of the fastest growing Internet
and Mobile phone users in Southeast Asia, we feel strongly that using
the Philippines as our entry point into the Asian marketplace would
provide a stable and viable footing for our expansion into the rest of
Asia." Stated Mr. Lim.

A 2007 PricewaterhouseCoopers study estimates Asia's digital music
industry at over $4.2 billion. Internet users in China alone have
grown from 23 million in 2000 to 162 million in 2007. (Miniwatts
Marketing Group, 2007)

"I am excited to bring my experience to the IndieMV team as a
member of the Board. I am looking forward to not only opening as many
doors as I can in Asia but also providing valuable inputs regarding
mergers and acquisitions and corporate governance".

Sherwin John Y. Lim is a serial entrepreneur with an extensive
background in commercial and investment banking and financial
management consulting with a proven history in the formation and
development of successful global businesses and international
interests.

With a BA in Economics from the University of the Philippines and
a Canadian MBA from Laurentian University, Mr. Lim began his career as
a licensed stockbroker/RR in the TSX (Toronto Stock Exchange) and then
trained as a Commercial Banker at Citibank. Subsequently he served as
an Investment Banker with the Pacific Asia Capital Corporation and was
Financial Management Consultant for De la Rue plc, which is the
world's largest provider of security paper and currency printing
equipment.

A noted entrepreneur, Mr. Lim has founded a number of start-ups
that have thrived and are successful ongoing businesses in Canada and
the Philippines in the varied fields of Wholesale Distribution, Bonded
Warehousing, Customs Brokerage, Plastics and Video Compression
Technology. He is currently a Director on the Board of Taiga Building
Products Ltd. and was the Audit Committee Chairman for the past three
years. Taiga is Canada's Largest Distributor of Lumber and Building
Products with annual sales in excess of a billion dollars.

Bridging enterprise and social responsibility, Mr. Lim also serves
on the Board of Advisers for Canadian Pacific Global Pharmaceuticals,
which is engaged in the marketing and distribution of pharmaceutical
products worldwide as well as the operation of a number of Medicine
Shoppe drugstores in Canada. And, he is a Founding Benefactor of the
Lion's Medical Eye Bank of the Philippines Foundation, headquartered
at the Cebu Doctors' University Hospital and inaugurated last January
2007.

IndieMV CEO, Ricardo Khayatte Jr. welcomed Mr. Lim to the Board
and announced that new beta features and optimization to the Company's
social music flagship, IndieMV.com, are also being discussed as part
of this overall strategic expansion into the Philippines. Mr. Khayatte
stated, "Among the many new implementations being discussed are
catalogue upgrades, optimized navigation, and new advertising
solutions."

"Safe Harbor" Statement under Private Securities Litigation Reform
Act of 1995

This press release contains certain forward-looking statements
based on the Company's current expectations, forecasts and assumptions
that involve risks and uncertainties. Forward-looking statements
include statements regarding the Company's expectations, beliefs,
intentions or strategies regarding the future and can be identified by
forward-looking words such as "anticipate," "believe," "could,"
"estimate," "expect," "intend," "may," "should," "will," and "would"
or similar words and include statements regarding the planned and/or
anticipated benefits to users of the Company's products and the timing
of distribution of such products. Forward-looking statements in this
release are based on information available to the Company as of the
date hereof. The Company's actual results may differ materially from
those stated or implied in such forward-looking statements due to
risks and uncertainties associated with the Company's business, which
include the Company's ability to execute its business strategy and the
other risk factors disclosed in filings with the Securities and
Exchange Commission. The Company assumes no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

IndieMV
Ricardo Khayatte Jr., President, CEO
Investor Information: 778-317-1383

Copyright Business Wire 2008