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RMD Entertainment and Real Hip Hop Network (RHN) Rollout Initial 35-Hour Block of Premier Content; For Google Video Platform Revenues to Begin Almost Immediately From Venture

Posted on: Wednesday, 26 July 2006, 12:00 CDT

RMD Entertainment Group (Pink Sheets:RMDG) proudly announced today that along with Real Hip Hop Network, they are rolling out their initial 35-hour block of original content - specifically engineered for use with Google Video platform. RMD recently entered into an alignment with Google Video directly for the specific purpose of delivering quality content, in exchange for a substantial share of the advertising revenue generated along the way. RMD will still utilize Clayton Entertainment to encode the content but now have their own content agreement directly with the Wall Street giant. RMD and RHN will consistently deliver cutting edge content to the Google Video millions, while being able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities.

RMD CEO Giorgio Costonis commented, "The amount of available content we have to offer is staggering - and with a partner like RHN, our collective content production is unrivaled in the industry." Costonis added, "What really tips the scales in favor of RMD across the board is the amount of built in advertising revenue that comes with each and every one of these deals. The fact that we are now aligned with an industry giant like Google allows our content to generate awareness, momentum and advertising dollars on a much greater scale." Costonis continued "We have the option of using Google to place ads for us in a revenue sharing scenario while we ramp up with media buying agencies to handle ad sales internally. This gives us an extreme level of flexibility while facilitating immediate access to revenue through a major strategic alliance. In addition, we are looking very closely at placing hyperlinks at the end of the content that will bring the viewer to another website where we can sell additional products associated with the piece they viewed. At this point in time we are creating content that can be associated with Roc Monee and MoTV Inc. so we can drive sales of both products from the extensive Google traffic. This is both a new business model and a solid one that management feels will produce tremendous opportunities to increase our bottom line in the short term with substantial revenues for the company."

RHN President and CEO Atonn Muhammad added, "We couldn't be more excited about taking a step of this magnitude. To be able to impact the hip-hop community the way we have is a testament to the clarity of our vision, to be able to impact a new media platform like Google Video is an honor." Muhammad added, "Working with RMD to change what people watch and where they watch it is truly improving the way people stay culturally connected. The implications of that simple fact are what drives further down the road to success."

About RMD Entertainment Group

RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in music today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company current possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE: V)) in North America and in Europe through the Pickwick Group Ltd. of London.

About Real Hip Hop Network

The Real Hip-Hop Network is the first 24 hour cable channel geared toward real hip hop lifestyle & culture. RHN's core focus is on the 18-34 year old Hip-Hop thrill seeker who embraces the excitement, adventure, and exhilaration embedded in the Hip-Hop lifestyle. RHN will deliver not only the hottest commercial acts on the scene today, but also give you the pure power found in the essence of underground hip hop; featuring the best of the grass roots and the international music scene. RHN brings a side of Hip Hop ignored by the other music channels celebrating the elements and principles that launched hip hop's golden era: DeeJaying, Emceeing, Breakdancing and Graffiti Art.

This was a time when Hip Hop artist where the urban street correspondents, delivering soul stirring and thought provoking commentary on the issues of the day. Hip Hop became an outlet for the pain, struggles, and dreams of those who where a part of its experience. This is what can be defined as real hip hop. Hip Hop has been proven to have massive commercial appeal. RHN provides the world with an engaging, fresh alternative. The Real Hip Hop Network takes everything the world loves about hip hop and challenges the negative images media has made pervasive. RHN operates on a higher standard. We put the "Real" in Real Hip Hop and give the world a mature more gritty choice unavailable on any network before or since RHN. Hip Hop will be globally redefined the RHN Way.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Source: Business Wire

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