SOURCE: 247MGI Inc.

October 25, 2007 12:57 ET

247MGI Releases Smallcap Rapp Launch Details

FT. LAUDERDALE, FL--(Marketwire - October 25, 2007) - 247MGI Inc. (PINKSHEETS: TOFS) ("247MGI") is launching the 247Broadcast Network, the Company's Internet Broadcast Network, on Friday, October 26, 2007 at 1:00 EDT.

Smallcap Rapp is a live interactive show between its guests and listening audience. To contact the show, please visit www.247mgi.com and click on Smallcap Rapp. On this page you can register for the chat room or log in as a guest and speak with other shareholders of 247MGI anytime during the day 247/7. The chat room will be moderated and has a ban on certain words if a USER continues to try to disrupt the show tomorrow or any other day. The USER will be banned and so will their IP address. The chat room will be limited to the first 100 people to sign in for the chat session tomorrow. This will determine any issues and resolve them prior to having any guests on the show.

An email address listeners@247mgi.com can be used to email questions or contact the company during or after the broadcast.

On the Smallcap Rapp page tomorrow at noon will be a link to use to listen to the broadcast. You will need to click on the link and allow a small download that will assist in the reduction of bandwidth and then you can sit back and enjoy the show. The phone number to call in will be posted on the page. Please do not call in until we have announced we are taking calls or your calls will not be answered.

During all shows we will attempt to answer all questions on a first come first served basis whether by phone, email, or IM. If you cannot be part of the show you may forward your questions via email. We then post a list of all Q&A on the website for all to read as well as a link to listen to the broadcast.

The total airtime for tomorrow is expected to last an hour and the format will be all about Smallcap Rapp and 247MGI. The show will then be broken into two parts. The first half will be dedicated to a particular company and the second half will be used to discuss what the audience wants to speak about (e.g., do you have a company you want to know about?). We will call them up for you live on the air. We cannot promise anyone that any or all companies will participate or be available at the time of our call.

You can register to receive Broadcast news from 247MGI by going to the main page of the website and signing up for the Broadcast Newsletter or type this address into your browser http://visitor.constantcontact.com/email.jsp?&m=1101849315569.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

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