SOURCE: Doc Hollywood Kidz, Inc.

October 06, 2005 09:48 ET

Doc Hollywood Kidz Completes Acquisitions and 1 for 100 Reverse Stock Split, Changes Name to Doc Hollywood Studios and Ticker Symbol to DHWS

HOLLYWOOD, CA -- (MARKET WIRE) -- October 6, 2005 -- Doc Hollywood Kidz, Inc. (OTC: DHWS) (www.dh1.com) has completed a 1 for 100 reverse split of its common stock, acquired Doc Hollywood Studios, Inc. as a wholly owned subsidiary that owns Doc Hollywood Productions and Artist International Management and changed its name to Doc Hollywood Studios, Inc. Beginning today, it will be quoted on the OTC Pinksheets under the new symbol "DHWS," Cusip Number 25607T 10 0.

As a result of the reverse split, the Company has approximately 1,030,00 shares outstanding, compared with approximately 103 million shares prior to the split. As a provision of the reverse stock split, no individual shareholder's holdings are reduced below 100 shares.

"The acquisition of these related entertainment businesses gives us the advantage of the inherent synergies of a full-service studio with integrated talent, financing, and distribution of motion picture, television, and music projects," said Steven Saxton, Doc Hollywood Kidz and Doc Hollywood Studios CEO. "This new structure better enables us to develop, package, fund, produce and distribute entertainment programming that is unique, commercial, highly creative, and designed to appeal to specific demographic groups."

"Each entity brings a related but new dimension to the company. For example, Artist International Management is in the business of managing writers, directors, model, actors, musicians and high profile entertainment related projects, such as 'The Quest' poker tournament. Doc Hollywood Productions focuses on high concept dramas, thrillers, comedies, and action films," continued Mr. Saxton. "These companies, together with Doc Hollywood Records, will be under the Doc Hollywood Studios, Inc. holding company."

"We will be putting particular emphasis on expanding Artist International Management through the addition of talent managers and expansion of its client roster in all divisions; Literary (Writers/Directors), Talent (Models/Actors), Music, Sports (Athletes), and High Profile Entertainment Projects," said Mr. Saxton. "We are also currently finalizing our marketing plan for setting up cardholder benefit programs to launch Doc Hollywood Kidz/Artist International Visa Debit Cards. In addition, we plan to rapidly grow through continued strategic partnerships and acquisitions, which are currently in negotiations."

About Doc Hollywood Studios, Inc.

Doc Hollywood Studios, Inc., (OTC: DHWS) (www.dh1.com / www.artistint.com) is an entertainment holdings company encompasses Doc Hollywood Kidz, Doc Hollywood Records, Doc Hollywood Productions, and Artist International Management. The company is in the business of producing innovative theatrical motion pictures, television programming, and recorded music for both traditional and new media formats in addition to the managing of writers, directors, model, actors, musicians and high-profile entertainment related projects. Its entertainment programming is unique, commercial, highly creative, and designed to appeal to specific demographic groups. This occurs while taking advantage of the inherent synergies of a full-service studio with integrated talent, financing, and distribution of motion picture, television, and music projects.

Forward-Looking Statements:

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Doc Hollywood Studios, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by the Company or any other person that the objective and plans of the Company will be achieved.

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