SOURCE: eMax Holdings Corp.

April 19, 2007 10:10 ET

EMXC Announces New Stock Dividend

SPRINGFIELD, TN -- (MARKET WIRE) -- April 19, 2007 -- eMax Holdings Corporation (PINKSHEETS: EMXC) (http://www.emaxcorp.com) today announces they have signed an acquisition agreement to acquire all assets and rights held by Artist Innovations, Inc. This event will grant the eMax Holdings Corporation shareholders a new stock dividend in the company. eMax Holdings shareholders can expect to receive a new share of stock in eMax Holdings Corporation for each two shares they currently hold in eMax Holdings Corporation. The record date for the stock dividend will be May 15, 2007.

Roxanna Weber, CEO of eMax Holdings Corporation, stated, "This is the first of several events that will occur to complete consolidation of assets and operating business under the eMax Holdings Corporation holding corporation. These events will help to simplify the company's operating divisions; and at the same time benefiting the shareholders that have been with the company for a long time. We value our shareholders and the position that they have taken in supporting eMax and these events will generate tremendous gain to the company and for our shareholders."

eMax shareholders should expect to receive mailings from the company announcing the dividends and to make sure the company has all shareholders correct mailing information. If you are a shareholder and do not know if we have your correct mailing address please contact our office and provide us with your correct information.

eMax Holdings Corporation stock was up forty five percent yesterday on the announcement of the new dividend and the company was listed as a price gainer at pinksheets.com yesterday, http://www.pinksheets.com/quote/quote.jsp?symbol=EMXC.

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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