VCI BIOFUELS GROUP SIGNS DEFINITIVE MERGER AGREEMENT WITH INTERNATIONAL MEDIA ACQUISITION CORP. TO PUBLICLY LIST ON THE NASDAQ

The Vietnamese ethanol production company, Vietnam Biofuels Development Joint Stock Company and its affiliates (together, "Vietnam Biofuels" or "VNB"), VCI Holdings Limited ("VCI" and together with VNB, the "VCI Biofuels Group") and International Media Acquisition Corp. (OTC: IMAQ) ("IMAQ") are pleased to announce today that they have entered into a definitive merger agreement (the transactions contemplated thereunder, the "Transaction"). Vietnam Biofuels is a manufacturer of bio-ethanol in Viet