SOURCE: Prime Time Group Inc.

October 16, 2006 09:00 ET

Prime Time Group Inc. Transfers Ownership & Management to Robinson Wireless Holdings

FT. LAUDERDALE, FL -- (MARKET WIRE) -- October 16, 2006 -- Prime Time Group Inc. (PINKSHEETS: PRTH) ("the Company") is pleased to announce that it has concluded its business negotiations with Robinson Wireless Holdings Inc., of Vancouver, BC, Canada. "This new structure represents a growing, dynamic and opportunistic direction for both the company and our shareholders," says current Prime Time Group President, Johnny Ray Arnold. "We had been seeking a new business venture that was able to tap into the growing youth market, had interests in technology, and was diverse in its interests to provide our shareholders with maximum return potential and minimized risk." Says Arnold, "With Robinson Wireless we have found both the match and the people to make it happen."

Johnny Ray Arnold and the current management of Prime Time Group Inc. officially turn over control to Robinson Wireless and its management team. Says Arnold, "Our negotiations have concluded and the agreements are in place. Once the legal teams of both organizations have executed the documents then the transition will be complete." Adds Arnold, "I and Robinson Wireless anticipate this handover to finalize before the end of the week." Arnold introduces the next president, Dallas Robinson, as a "Next Generation leader. He has the experience and the leadership style that represents a successful model in the wireless industry." Says Arnold, "We are now one of the few, if not the only, comprehensive wireless company that provides a diverse suite of products and revenues for its shareholders. I am excited at this opportunity and look forward to the successes of its management." Robinson has the demonstrated experience in building a major publicly traded wireless operation. "He took a small retail operation in Western Canada and built it into a successful multi-million dollar company," says Arnold." Until he left two years ago that company saw a consistent growth and increase in its value and we expect this same experience to be reflected in the future of this new company."

Dallas Robinson, incoming President of Prime Time Group Inc. and current President of Robinson Wireless, welcomes the transition from one successful venture with accomplished leadership to the introduction of another successful venture with equally competent leadership. "The great thing about this whole exercise is that the caliber of leadership in the organization will remain constant with a focus for excellence and investor return."

Robinson Wireless is ramping up quickly to be a major force in mobile phone retail and wholesale, mobile media and mobile gaming. It has developed a solid base with the mobile retail operation. Based in Western Canada, the company rolls out 1 to 2 new mobile stores per week. This division is led by its Vice President, Troy Metz. Troy brings his years of experience in corporate growth and startup, and is currently President of Xpress Your Cell / Cherry Red accessories and President of Robinson Communications. "Troy has been awarded medals for his achievements and as a senior practitioner, brings tremendous capacity to move our corporation forward and ensure that our operations are running successfully," adds Robinson.

Says Dallas, "This Corporation is positioned to achieve great accomplishments with our leadership. Our team has a track record that is second to none and I for one am excited at our capacity to engage the market and grow quickly."

Robinson Wireless will be announcing its growth plans and its operational information over the next week and will present to shareholders its strategic plan and growth over the next 12 weeks and into 2007.

About Robinson Wireless Holdings

Robinson Wireless is a forward thinking company that focuses on wireless products and services for today's youth market. By using retail, wholesale and internet delivery channels, the company has found unique ways to deliver the phones, accessories, mobile media and mobile games that are desired by a growing marketplace. In doing so it has established relationships with carriers such as Virgin Mobile, Fido and soon to be announced a US carrier, as well as developing it's own line of products such as Cherry Red accessories as well as a content & e-commerce division that is online and will be announced shortly.

Legal Notice Regarding Forward-Looking Statements

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

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