IFLM Independent Film Development Corporation (CE)

IFLM Signs an Exclusive Agreement With Camden Realty Group for Development Deals

LOS ANGELES, CA--(Marketwired - Oct 8, 2013) - The Independent Film Development Corporation (OTCQB: IFLM), a company whose plan of operations is to develop themed resorts and international sales and distribution of digital films, announced today that it has signed an exclusive broker agreement with Beverly Hills based Camden Realty Group (CRG). The agreement gives Camden Realty Group the exclusive rights to assist IFLM in finding and acquiring suitable properties for development nationwide.

"We're thrilled to work with such a prestigious company," said IFLM COO Jeff Ritchie. "Camden Realty Group's depth of experience will make future acquisitions exponentially easier."

Currently, IFLM plans to develop its first resort, "Hilltop Manor Theme Resort and Production Studios." This resort will be dedicated to the horror and science fiction genres of film and television and its current planned location is New York's Catskill Mountains. IFLM management describes Hilltop Manor as a place where people will be able to collectively celebrate things that go bump in the night.

"This is truly a win-win for us," said Camden Realty's David Condon. "IFLM's plans are exciting and we're glad to be assisting in their expansion."

About Independent Film Development Corp.:

Based in Los Angeles, California, Independent Film Development Corporation has developed a business plan of operations of developing genre themed studio style resorts, film sales and distribution, film development, and an Internet social networking and resourcing website, for independent film and television development, production, and distribution. 

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. These statements include, among others, statements with respect to our objectives and strategies to achieve them, and statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions, and 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.

Corporate Contact: IFLM C. David Pugh 914.763.3229 Email Contact Investor Contacts: Benchmark Advisory Partners Timothy Connor (858) 568-7059 Email Contact