SOURCE: VMH VideoMovieHouse

January 26, 2006 13:38 ET

/ CORRECTION - and to Target Hispanic Markets Nationwide

VANCOUVER, BC -- (MARKET WIRE) -- January 26, 2006 -- In the news release, " and to Target Hispanic Markets Nationwide," issued earlier today by VMH VideoMovieHouse (OTC BB: VMHVF), we are advised by the company that the last sentence of the first paragraph should read "For further information about CMG please go to their website at" rather than "" as originally issued. Complete corrected text follows. and to Target Hispanic Markets Nationwide

VANCOUVER, BC -- 01/26/2006 -- Steve Gaspar, President of VMH (OTC BB: VMHVF), is pleased to announce that VMH Inc. (VMH) and Centaurus Media Group & Associates Inc. (CMG) have signed a Memorandum of Understanding that entails the formation of a Strategic Partnership between the two companies and the development of a jointly funded marketing plan. The aim of this co-operative effort will be to target the North American Hispanic Marketplace by introducing & its fully owned subsidiary into the Latino Community. Initially, CMG plans to develop and implement a pilot project focusing its marketing efforts towards the large Hispanic community residing in the South Florida Region. Once successful, CMG aims to expand its marketing efforts towards other Hispanic markets nationwide. CMG also plans to develop distribution channels in the southeast region with hopes of setting up of a distribution facility in Southern Florida. It also plans to aid in the development of Hispanic versions of the and websites. For further information about CMG please go to their website at

According to Steve Gaspar, President of VMH Inc. (OTC BB: VMHVF), "Focusing on the Hispanic market has been an easy decision for our company to make. Hispanic Americans are rapidly becoming the predominant culture in the United States, and the bi-lingual Hispanic community is the fastest growing segment of the U.S. economy. Research shows Latinos are generally more aggressive DVD ( purchasers than the rest of the U.S. population. Surveys show that 54% of Latinos buying DVDs purchase 2 or more at a time compared to the General Population's 42%. Therefore, it makes good business sense to team up with a media and marketing powerhouse such as CMG to help us to showcase our company to the Latino community and other ethnic communities nationwide."

According to Jeronimo Terife, President of Centaurus Media Group & Associates Inc., "CMG has plans of introducing and into the Hispanic community worldwide. We feel we can penetrate markets previously untapped by VMH, and our South Florida marketing initiative will be the first step towards globalizing the and brands. South Florida is the home of the most diverse Hispanic community in the world. Our prime objective is to facilitate VMH's market penetration into Latino communities throughout the U.S.A., South America, Central America, Spain, and other regions previously untapped by VMH. The Latino community is the fastest growing segment of the U.S. economy, and the opportunity for VMH to benefit is enormous. Our job is to turn VMH's traffic into sales and brand recognition. The Hispanic consumer has proven loyal to the brand."

About VMH

VMH (OTC BB: VMHVF) is an innovative online seller and renter of DVDs worldwide operating websites under the, and banners. The company intends to concentrate its near-term expansion efforts toward the third-party e-merchant business, commencing with DVDs and expanding to other media products as opportunities present themselves. The company is planning a national advertising campaign rollout with aims of creating one of the world's largest interactive DVD Buyer/Seller communities,

About Centaurus Media Group & Associates Inc.:

Centaurus Media Group & Associates Inc. is a recent fusion between Centaurus Productions Inc., Image Consulting USA Inc., Global Media Equipment Corp., Lights Up Productions Inc., Terrific Entertainment Inc., WRI Web Results, Handle Like Eggs Productions Inc., and Spots Inc., gathering over 20 years' experience in the various fields of media production. CMG is a media company with worldwide expertise in the fields of audio visual services, corporate events, theatrical performances, concerts, radio and television production as well as video and music production. CMG has developed a workforce that is highly skilled, competent, and extremely motivated while continually upgrading its capabilities to remain at the forefront of the production industry. CMG specializes in the fields of Television, Radio, Video and Film, Music and Show services. It produces corporate videos, training videos, Radio advertising and Television commercials, jingles, 3D and 2D animations, interactive CD-ROMs, websites, fashion photography, graphic design, ad designs for stationery products such as news papers, magazines and brochures, as well as production of live radio and Television programs. CMG's partial list of clients include Coca-Cola (, Burger King (, General Motors (, AT&T (, Johnson & Johnson (, Mercedes-Benz (, Revlon (, Billboard Latino Music Awards, Pfizer (, NBC (, Bank of America (, Bayer (, Pepsi (, Novartis (, Sony Music (, NFL (, Tommy Hilfiger (, IBM (, Miami Dolphins (, Visa (, Honda (, Latin Grammy Awards, Ameriquest Mortgage (, GlaxoSmithKline (, Estee Lauder (, Univision (, Citigroup (, Disney Channel (, Kellogg's (, McDonald's (, AstraZeneca (, FIFA (, UBS (, A&E ( Mundo (, L'Oreal (, Audi (, Discovery Channel (, and The History Channel (

Safe Harbor Act Notice:

This information contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," 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. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. Third-party statements contained herein and information contained on any third-party website is not endorsed by or adopted by the Company.

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