Brighter Minds Media, Inc.

Brighter Minds Media, Inc.

April 30, 2008 21:15 ET

Brighter Minds Media, Inc. Announces 31% Growth for 2007

TORONTO, ONTARIO--(Marketwire - April 30, 2008) -


Brighter Minds Media, Inc. ("Brighter Minds" or the "Company") (TSX VENTURE:BRI) today announced its financial results for the fiscal year ended December 31, 2007.

Increased Revenues, Gross Profit and Margins:

Total revenue for the fiscal year ended December 31, 2007 was $6,565,988 as compared to $5,010,668 for 2006, representing an increase of 31%. Gross Profit in the fiscal year ended December 31, 2007 of $1,892,118 increased 55% from the prior year total of $1,217,436. Gross Margins were 29% of sales in 2007 compared to 24% in 2006.

"We're very pleased with the results we achieved in 2007 and have high expectations for 2008. We will continue to leverage our strong retail distribution, brands and content to execute our online initiatives while aggressively growing our retail presence." stated Sam Ifergan, Chairman and CEO.

Resignation of Director:

The Company also announces that Vivian Antonangeli has resigned as one of its directors effective as of May 31, 2008. The board of directors of the Company expresses its gratitude to Ms. Antonangeli for her valued contribution.

Forward-looking Statements

This document may contain forward-looking statements relating to Brighter Mind's operations which are based on Brighter Mind's operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Brighter Minds's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements including the Company's ability to compete directly against North American and international companies in the market segments in which it operates; seasonal variations in the Company's revenues; its ability to expand its product lines; its ability to maintain strategic relationships with third-party licensees, licensors and distributors; its dependence on key customers and contracts; and its ability to protect its intellectual property. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Brighter Minds disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Brighter Minds Media, Inc.

Brighter Minds Media, Inc. is the parent company of Brighter Minds Media, LLC and is proud to offer a fun and educational line of products including software, DVD games and books. It's products are available at major retailers across the United States and Canada. Brighter Minds is publicly traded on the TSX Venture Exchange (TSX VENTURE:BRI) and is a Hargan Ventures ( investee company. More information about Brighter Minds can be found at

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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