SOURCE: eMax Holdings Corp.

May 15, 2007 09:38 ET

eMax Holdings Corporation Announces Dividend Progress

SPRINGFIELD, TN -- (MARKET WIRE) -- May 15, 2007 -- eMax Holdings Corporation (PINKSHEETS: EMXC) (http://www.emaxcorp.com) announces today May 15, 2007 is the last day to own shares in EMXC to take part in a new stock dividend distribution

As of this date, all eMax Holdings Corporation shareholders will be entitled to receive a new share of common stock in eMax Holdings Corporation for each two shares of common stock they currently hold in eMax Holdings Corporation. The record date for the stock dividend is May 15, 2007.

eMax Holdings Corp shareholders should expect to receive regular mailings from the company. If you are a shareholder and do not know if we have your correct mailing address, please email info@emaxcorp.com your correct information. The company has received a lot of great communications from shareholders recently and the company always enjoys hearing from their shareholders.

"We value our shareholders and the position that they have taken in supporting eMax. In response to that support, the Board of Directors of eMax Holdings Corporation has approved by all its directors and officers to continue to consolidate certain holdings and issue the new stock dividend in the company to its shareholders. The company and its operating divisions have grown immensely the past few years and issuing this stock dividend is a great way for the company to show its gratitude and support to all of its shareholders for believing in the company and its founders' efforts," said Roxanna Weber, CEO, eMax Holdings Corp.

About eMax Holdings Corporation

eMax Holdings Corporation (http://www.emaxcorp.com) is a diversified holding company investing in multimedia, entertainment, communication, broadcasting, IT and artificial intelligence technologies, and real estate, energy and finance industries.

This press release contains 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the future press releases of eMax.

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