Echelon Brands, LTD Updates Shareholders on Recent Corporate Activity

  
    
  
  
    
      Echelon Brands, Ltd., (Pink Sheets: ICTY) 
      formerly known as Eyecity.com, Inc., is releasing to the public 
      information regarding the recent Corporate changes. On Monday December 15th, 
      a statement was released appointing Mr. Bradley Wilson as the new CEO. 
      Soon after that release on Wednesday the 17th, another 
      release was issued stating a Letter of Intent has been signed to 
      purchase a viable company named “Sports Radio Broadcast, Inc.” a fully 
      licensed NFL broadcasting network. www.sportsradiobroacast.com
    
    
      Company officials would like clarify the details pertaining to the 
      Letter of Intent. The purpose of the LOI is for both 
      parties to perform their Due-Diligence into each set of corporate books 
      and get an understanding of the capital structure of each organization. 
      Synergies between both companies have allowed this somewhat timely task 
      to be streamlined into an efficient process, thus providing for the 
      immediate signatures on the LOI by both parties.
    
    
      One of the key topics of discussion in the public sector seems to be the 
      transfer of company from Mr. James Brola to Mr. Bradley Wilson. A 
      Corporate Resolution is filed in the corporate book confirming that 100% 
      of the Preferred, Series A Convertible stock has been transferred to Mr. 
      Bradley Wilson giving him the control block needed to run the company as 
      needed. Mr. Brola eloquently surrendered all of his stock with the 
      company and the shareholders in mind. Reasoning behind the total 
      transfer of shares comes from a notes payable from an un-disclosed party 
      that now has complete satisfaction of debt.
    
    
      With regards to any type of reverse merger, nothing has taken place as 
      of today. The due-diligence process will determine if a reverse merger, 
      stock purchase agreement, or simply a merger between the two 
      organizations is the most suitable. Mr. Wilson did state, “I appreciate 
      all of the influx of calls and I hope to answer all of inquires in a 
      timely manner. I’m looking forward to a successful transition and a 
      promising New Year.”
    
    
      ABOUT SPORTS RADIO BROADCAST, INC.
    
    
      http://www.sportsradiobroadcast.com/about.html
    
    
      Safe Harbor
    
    
      This release may contain forward-looking statements within the meaning 
      of the Private Securities Litigation Reform Act of 1995. Statements 
      contained in this release that are not historical facts may be deemed to 
      be forward-looking statements. Investors are cautioned that 
      forward-looking statements are inherently uncertain. Actual performance 
      and results may differ materially from that projected or suggested 
      herein due to certain risks and uncertainties including, without 
      limitation, ability to obtain financing and regulatory and shareholder 
      approvals for anticipated actions.