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International Capital & Technology Corp.

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Allied World Resources Retains Rhodes Holdings for Strategic Consulting

Strategic consulting to help with corporate balance sheet restructuring.

Herndon, VA, August 06, 2011 --( Allied World Resources, Inc. (OTC Markets: ICTC), an organization acquiring oil & gas related projects in Asia, has retained Rhodes Holdings LLC to assist the Company’s restructuring its balance sheet. Bringing extensive experience with troubled public companies, Rhodes Holdings LLC helps its clients create a proper corporate structure for rapid operational appreciation and common stock value appreciation.

Allied World Resources, Inc.’s CEO John Ranko Lozo said, “Robert Rhodes of Rhodes Holdings LLC has experience that directly has bearing on assisting Allied’s management to restructure its balance sheet. I look forward to Mr. Rhodes’ team preparing our corporate structure so we can fully implement our business strategy.”

Both the CEO, John Ranko Lozo, and Chairman of the Board, Tieng Ung Ngu, approved Rhodes Holdings after reviewing several other opportunities with other consultants.

About Allied World Resources, Inc.
Allied World Resources, Inc. is a publicly traded independent energy exploration and development company. Allied is currently in negotiation to secure an agreement to explore, evaluate and develop oil & gas reserves within 6,177 acres in central Asia.

About Rhodes Holdings LLC
Rhodes Holdings LLC provides management consulting services that allow its clients to seek financing through the public markets, either through mezzanine debt, equity, or bank debt. RHL management consulting is provided within the framework of its copyrighted RHL Methodology.

Notice regarding forward-looking statements
Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products and services in development, including any planned acquisitions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements might not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

Contact Information
International Capital & Technology Corp.
Jay Pignatello
202 431 4340

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