LOS ANGELES, March 12, 2012 /PRNewswire/ -- Independent Film Development Corporation (OTCBB: IFLM.OB), an international distributor of digital films and producer to the multibillion dollar Independent Film Industry, announced today that is has engaged former undisputed heavyweight champion boxer of the world, Mike Tyson, to promote HollywoodIndy (http://www.hollywoodindy.com/).

Mike Tyson has approximately 1,800,000 followers on his Twitter page http://twitter.com/miketyson.

Management believes there is a unique opportunity to reach this large following of users who potentially complement HollywoodIndy directionally with Mike Tyson's evolving creative spirit.

Recently, Tyson has played a role in the films The Hangover and The Hangover 2. He also had a television show on Animal Planet called "Taking on Tyson Main Event". Additionally, Tyson is a writer and producer and now comedian (April 13th to April 18th, MGM Grand, Las Vegas, NY).

"We are extremely excited with our first celebrity tweeter being Mike Tyson as he truly personifies the ever changing creative spirit of the Indy film market. Additionally this is our first of many steps in using the aid of celebrities to get the message out for our brands," said Jeff Ritchie, CEO, Independent Film Development Corporation.

About Independent Film Development Corp.

Based in Los Angeles, California, Independent Film Development Corporation is developing a multi­pronged approach to integrate the multi-billion dollar independent film market to include web, sales and distribution and development.

About HollywoodIndy.com

Hollywoodlndy is an entertainment-based Internet property specializing in social networking and resourcing for the independent film and television market. The property aims to be a one-stop resource for working film professionals in the industry, sharing employment and job resources, servicing screenwriters, casting, lodging, location, personnel and support services for both above the line and below the line professionals. While the brand integrates with the Company's business model, plans call for the brand to have an independent revenue model to include advertising, paid posts, membership services and video distribution services.

About Mike Tyson:

Tyson was the undisputed heavyweight champion and holds the record as the youngest boxer to win the WBC, WBA and IBF world heavyweight titles. He was the first heavyweight boxer to hold the WBA, WBC and IBF titles simultaneously.

Tyson and his wife Kiki currently reside in Las Vegas, NY. Since retirement, Tyson has played a role in the films The Hangover and The Hangover 2. He also had a television show on the Animal Planet called "Taking on Tyson", he started a clothing company (shirts can be found on this website) and launched a blockbuster iPhone game called "Mike Tyson: Main Event", which is available in iTunes. In 2011 Tyson was also inducted into the Boxing Hall of Fame. www.miketyson.com

Forward-Looking Statements:

This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

Contact:

Independent Film Development Corp.

Investor Relations

www.ifilmsinc.com

twitter.com/ifilmsinc

Email Contact: ir@ifilmsinc.com

HollywoodIndy

www.hollywoodindy.com

twitter.com/hollywoodindy

SOURCE Independent Film Development Corporation

Copyright 2012 PR Newswire

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