SOURCE: Blackout Media Corp.

March 12, 2008 13:27 ET

Blackout Media Announces Valuation and Analyst Report Issued by Media Experts Will Be Released on Friday

Management Provides Update on License Acquisition of Happy Encounters™ and Membership Program

BANGKOK, THAILAND--(Marketwire - March 12, 2008) - Blackout Media Corp. (PINKSHEETS: BKMP) today announced that a Company valuation and analyst report issued by Media Experts will be released on Friday.

Following the Company announcement that it has started talks with several complementary media companies in which Blackout may take an equity position and possibly an active management role, management has retained the services of Media Experts to provide an analysis of the Company's current position in the media industry as well as a specific evaluation of other media Companies that Blackout is currently negotiating with.

Pursuant to the acquisition of the exclusive Happy Encounters™ license of a new unique entertainment concept facility, management would like to disclose the following details:

--  This leading edge high-tech entertainment concept offers an exclusive
    multiple access electronic membership card, which provides the user with
    access to several interactive features
--  The membership card will give access to consumer profile and help to
    build customer database for all of Blackout's specific media broadcasts
    including: traditional television, broadband or mobile and other on demand

About Blackout Media Corp.

Blackout Media Corp. is a holding company with an interest in TFN Global Inc. and Happy Encounters. TFN Global is a diversified media and entertainment company conducting operations in digital television, VOD, PPV, Radio, the Internet and Print under the brand name "The Fight Network." The activities of Blackout Media Corp. are conducted principally in Canada and the United States and Thailand. Happy Encounters is a Customer Loyalty and Membership Program. The company will combine leading edge high-tech entertainment concept facility with an exclusive interactive multiple access electronic membership card providing many features such as: on premises chatting and dating services, interactive group and individual games, participating contests, online service ordering, including a customer redeemable loyalty program.

Safe Harbor

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

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