International Commercial Television Lists on Canadian Securities Exchange – Video News Alert on Investmentpitch.com

April 23, 2014 5:19 PM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - April 23, 2014) - International Commercial Television (CSE: ITV) is one of the latest new listings on the Canadian Securities Exchange, and will trade under the symbol "ITV". The company, founded in 1993 and located in Wayne, Pennsylvania, also trades on the OTCQB under the symbol ICTL.

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International Commercial Television, Inc. sells various health, wellness and beauty products through infomercials and other channels primarily in the United States. ICTV utilizes a distinctive marketing strategy and multi-channel distribution model to develop, market and sell products through infomercials, live home shopping television, specialty outlets and online shopping.

It offers health and beauty products, including DermaWand, a skin care device that reduces the appearance of fine lines and wrinkles, and helps improves skin tone and texture; and DermaVital, a professional quality skin care range that effects superior hydration.

The company recently reported its fourth quarter and full year results for the periods ending December 31, 2013.

Richard Ransom, President, stated, "We are pleased to be reporting a record year for ICTV in terms of $41 million revenues and $1.6 million of net income. Our balance sheet continued to improve throughout the year and finished at its strongest point with $1.43 million cash and $2.1 million shareholders equity. We are excited about the impact of our recently launched new products and others under development and are confident the strong momentum demonstrated in 2013 will continue."

The shares are trading at $0.67 on the OTCQB, and with 23.2 million shares outstanding, the company is capitalized at $15.5 million.

For more information, please visit the company’s website, www.ictvonline.com or call 484-598-2300 or email info@ictvonline.com. Investor relations is handled by Stephen Hart at Hayden IR, who can be reached at 917-658-7878.

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