SOURCE: Blackout Media Corp.

January 09, 2006 14:44 ET

Blackout Media Corp. Clarifies Capital Structure

TORONTO -- (MARKET WIRE) -- January 9, 2006 -- Blackout Media Corp. (OTC: BKMP) the board of directors would like to further explain the name change of today. There have been several questions about the capital structure of Blackout versus the capital structure of First Canadian American Holding Corporation. To clarify this to all the shareholders and investment community, the capital structure has not changed at all, there has only been a change of name. The company has exactly the same capital structure under the new name as it did under the old name. In addition, the company is not planning to do any reverse stock splits.

"I hope that this clarifies the capital status of Blackout that has been a source of confusion to our shareholders," says Sandy Winick, President of Blackout.

More about Blackout Communications:

Blackout Communications owns and operates The Fight Network, which is a cross-platform media brand with interest in television, radio, print and online content offerings.

The Fight Network is the first and only all combatant sports and entertainment channel that delivers the very best in boxing, pro wrestling, mixed martial arts, and other combatant styles, along with top-notch "fight theme" movies, documentaries and news 24 hours a day.

Check out TFN at: www.thefightnetwork.com to learn more.

About Blackout Media Corp.

Blackout Media Corp. is a holding company with subsidiaries that conduct operations in areas of digital television, radio and the internet under The Fight Network brand.

Safe Harbour

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 harbour 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.

http://www.blackoutmedia.com/

Contact Information

  • CONTACT:
    Blackout Media Corp.
    Sandy Winick
    Telephone 416-918-2209