Electus Announces Partnership With Newly Formed Barracuda Television Productions Led By Acclaimed Producer Barry Poznick

     Electus Announces Partnership With Newly Formed Barracuda Television
             Productions Led By Acclaimed Producer Barry Poznick

Barracuda Will Focus on Development and Production of Premium Domestic and
International Unscripted Programming

PR Newswire

NEW YORK, Sept. 18, 2013

NEW YORK, Sept.18, 2013 /PRNewswire/ -- Multimedia entertainment
studioElectus, an operating business of IAC (Nasdaq: IACI), has announced
that it has partnered with Barry Poznick, the former co-CEO of Zoo
Productions, to back the creation of a new television production company,
Barracuda Television Productions. The company will focus on developing and
producing premium domestic and international unscripted programming. The
company is based in Los Angeles.

As co-CEO and founder of Zoo Productions, Poznick has created and produced
dozens of hits TV shows airing in more than 150 countries around the world
including Are You Smarter Than a ^ Fifth Grader?, Buckwild and the #1 show on
The Hub, Family Game Night. Additionally, Poznick has also hosted OWN's Are
You Normal, America?.

"We're so pleased to partner with Barry in his new venture," said Electus CEO
Chris Grant. "He is one of a kind and our combined talents and resources are
absolutely ideal complements. As Electus continues to focus on high quality
content for both the domestic and the global marketplace Barracuda was a must
have for us."

Under Poznick's leadership, Zoo Productions also produced shows for NBC, MTV,
TLC, GSN, Spike TV, CMT, TV Land and Oxygen.

"Through this partnership Barracuda is powered by Electus, which provides the
framework that enables us to begin selling and producing world-class content
immediately," said Barry Poznick, Barracuda Television Productions founder.
"This team is so dynamic that I have no doubt we will quickly make Barracuda
synonymous with great content."

This partnership was brokered by Eric Wattenberg at CAA and Jeanne Newman at

About Electus
Electus is the first integrated multimedia entertainment studio to unite
producers, creators, advertisers and distributors under one roof and produce
all forms of content for distribution across a variety of platforms around the
world, including: broadcast, cable, digital, OTT and various emerging
technologies. The company connects advertisers, distributors and content
creators early on in the development process, enabling marketers and
advertisers to be true partners in campaigns and content creation. Electus
International, the global distribution arm of Electus, is responsible for all
international sales and distribution for Electus' programming and its studio
partners as well as programs and formats from other well-known 3rd party
providers.Electus is an operating business of IAC [NASDAQ: IACI]. For more
information on Electus, visitwww.electus.com.

Justine Sacco
(212) 314-7326

High10 Media
Erin Meegan
(212) 918-2028

SOURCE Electus

Website: http://www.electus.com
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