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CMG Holdings Group Inc. (CMGO) Announces Opening of New Office

November 16, 2011

MIAMI, Nov. 16, 2011 /PRNewswire/ — CMG Holdings Group Inc. (CMGO) (OTCQB:CMGO.PK) www.cmgholdingsinc.com, CMG Holdings Group Inc. is a full service marketing communications holding company operating in the sectors of digital media, alternative advertising, new media marketing services, event management and commercial rights that has announced it has opened an office in New Haven, CT. The move expands CMGO’s digital media and digital coupon operations as well as its interactive television and video production and digital advertising operations across Connecticut and in the New England arena. CMGO already has office locations in New York, Chicago, Tucson and Miami and this expansion move will allow marketing communications company to grow even more in the future. CMGO plans to expand its digital coupon operations and digital media presence in New Haven and add jobs across the state as the company launches their digital coupon platform across New England.

“We are pleased to announce the opening of our office in New Haven and look forward to the continued expansion within the state of Connecticut,” said Jim Ennis, Chief Operating Officer, CMG Holdings Group Inc. “One of the reasons we are excited to expand into New Haven and Connecticut is their commitment to the growth of the digital media industry. Having a presence in New Haven will allow us to attract highly-skilled digital media professionals who are familiar with Connecticut and New England.”

About CMG Holdings Group Inc. (CMGO):

CMG Holdings Group Inc. is a full service marketing and communications holding company. CMGO’s mission is to build a national platform of exceptional companies that deliver solutions in the areas of alternative advertising, new media marketing services, commercial rights, and talent management. CMGO is seeking to expand its national presence via its acquired companies, capitalizing on their intellectual properties, patents, sales and marketing, new product development and continued operations via economic recovery. CMGO operates two wholly-owned subsidiaries, XA, The Experiential Agency, Inc. and Audio Eye, Inc.

For more information, please visit: www.cmgholdingsinc.com

About XA (XA):

XA, The Experiential Agency, Inc. is a wholly-owned subsidiary of CMG Holdings Group Inc. and has offices in Chicago and New York from which it provides corporations and highly visible brands with comprehensive event marketing, design, public relations and production services. The XA brand has a 20 year history and its team has been the creative force behind prestigious, national projects for such clients as NBC Universal, Unicef, Harrah’s Entertainment, Conde Nast, McDonalds, W Hotels, Emirates Airline and Ritz Carlton.

For more information please visit: www.expagency.com and www.xasocial.com

About AudioEye, Inc. (AudioEye):

AudioEye, Inc., founded in 2003, is a wholly-owned subsidiary of CMG Holdings Group Inc. with offices in Tucson and Chicago. AudioEye has developed patented, Internet content publication and distribution software enabling conversion of any media into accessible formats and allowing for real time distribution to end users on any Internet connected device. Audio Eye is focused on creating better and more comprehensive access to Internet, print, broadcast and other media to all people regardless of their network connection, device, location, or any disabilities or disadvantages an individual may have. Audio Eye solutions include comprehensive E-Learning and E-Commerce systems as well as a variety of Internet publishing products and services that enable customers to create and deliver accessible, highly scalable web-based applications.

For more information please visit: www.audioeye.com

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words ‘believes,’ ‘expects,’ ‘intends,’ ‘will,’ ‘anticipated,’ or ‘may,’ and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the company’s industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company’s stock; and the risk factors set forth from time to time in the Company’s SEC reports, including but not limited to its annual report on Form 10-K; its quarterly reports on Forms 10-Q; and any reports on Form 8-K. CMG Holdings Group, Inc. (OTC QB:CMGO.PK) takes no obligation to update or correct forward-looking statements and also takes no obligation to update or correct information prepared by third parties that is not paid for by the Company.

Contact:
CMG Holdings Group Inc.
Jim Ennis
5601 Biscayne Boulevard
Miami, FL 33137
305-751-0588
JEnnis@CreativeManagementGroup.com

SOURCE CMG Holdings Group Inc.


Source: PR Newswire