SOURCE: Blackout Media Corp.

March 14, 2008 12:27 ET

Blackout Media Releases Valuation and Analyst Report Issued by Media Search Consulting

BANGKOK, THAILAND--(Marketwire - March 14, 2008) - Blackout Media Corp. (PINKSHEETS: BKMP) today released the Valuation and Analyst Report issued by Media Search Consulting. Media Search Consulting confirms a positive outlook on BKMP based on its analysis of the Company's projected growth and fundamentals. Media Search Consulting's price target of $0.0008 indicates a strong intermediate-term outlook. The complete, unedited analyst report appears below.

March 2008

Symbol -- BKMP
Recent Trading Price -- $0.0001
Intermediate Term Price -- $0.0008
Web Site -- www.blackoutmedia.com
Market Cap -- $1,500,000
Corporate Contact -- IR@blackoutmedia.com

Market Overview

--  The global entertainment and media (E&M) industry has entered a solid
    growth phase and will increase at a 6.6% compound annual growth rate (CAGR)
    to $1.8 trillion in 2010, according to PricewaterhouseCoopers' "Global
    Entertainment and Media Outlook: 2006-2010" report.
    
--  The U.S. remains the largest E&M market, growing at a 5.6% CAGR rate
    reaching $726 billion in 2010. Video games and the Internet will be the
    fastest-growing segments, with compound annual increases of 8.9% and 8.4%
    respectively. Canada is projected to expand at a 5.9 percent CAGR to $41
    billion in 2010.
    

Company Background

Blackout Media Corp. is a holding company with an interest in TFN Global Inc., a diversified media and entertainment company with 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.

The Fight Network Inc. (TFN) is a wholly owned subsidiary of TFN Global Inc. (formerly Blackout Communications Inc.), with its corporate headquarters located in Toronto, Canada. TFN is a multi-platform sports and entertainment company, providing its content to fight fans on digital television, pay-per-view, VOD, radio, mobile and online. Launched in September 2005, The Fight Network channel is available on virtually every digital cable and satellite carrier across Canada. The Fight Network is the global leader in coverage of all combatant sports, including Mixed Martial Arts (MMA), Boxing, Wrestling and Kickboxing and theme-related entertainment, through its 24/7 dedication to the sports. The Fight Network, including its news content and exclusive merchandise, can be found online at www.thefightnetwork.com.

Happy Encounters™ Entertainment Facility

Blackout Media has recently entered into an exclusive license agreement for a new immersive and interactive multimedia entertainment concept facility -- Happy Encounters™. The acquisition of this unique new entertainment concept facility represents a fantastic platform for Blackout Media to launch a new and targeted Customer Loyalty and Membership Program. The mainstream basis of this leading edge high-tech entertainment concept facility offers 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, on-line service ordering, including a Customer redeemable loyalty program.

Investment Recommendation

Media Search Consulting believes that Blackout Media's management is taking the right approach to developing a company with high profit potential in the global entertainment and media (E&M) industry. The key to the Company's success lies in its recognition that 'content is king' in the E&M industry and thus the Company is taking steps to increase its investment in diverse types of media content. Building on its investment in TFN Global Inc. (i.e. The Fight Network), the Company is focused on expanding its asset base in the media space, whether it be traditional television, broadband or mobile, which it feels is the wave of the future in media content and distribution. The acquisition of the license to the Happy Encounters™ entertainment facility is the first step in this strategic expansion plan. We believe that this acquisition will help to solidify Blackout Media's position as an important player in the global E&M industry and provide the Company with additional sources of revenues to support its growth. In addition, we are of the opinion that pending the Company's level of success and profitability in the near term, Blackout Media may be targeted for acquisition by a larger player in the E&M industry.

Based on the above analysis, we highly recommend an investment in Blackout Media's (BKMP) common shares. It is our professional opinion that at the current price of $0.0001, BKMP is very attractive to aggressive long-term investors seeking above-average returns from an emerging company in the E&M industry.

Disclaimer: Blackout Media Management has retained the services of Media Search Consulting to develop this Valuation and Analyst Report, and for other analysis specifically related to the evaluation of media companies that Blackout is currently in negotiations with concerning licensing and/or acquisitions. Media Search Consulting is being paid consulting fees for the preparation of this Report and other analysis work. Media Search Consulting does not own any shares of Blackout Media, nor has any affiliation with the Company. This Report is not an offer to buy or sell shares of Blackout Media nor should it be relied upon for investment advice related to the Company. All information or statements contained in this Report were voluntarily furnished by Blackout Media or taken from objective research on the Company and are subject to several risks and uncertainties that may cause such statements to be inaccurate.

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.

Contact Information