SOURCE: FSBO Media Holdings, Inc.

January 31, 2007 09:45 ET

FSBO Media Holdings Announces Business Update

Coral Springs, FL -- (MARKET WIRE) -- January 31, 2007 -- FSBO Media Holdings, Inc. (PINKSHEETS: FSMH), in an ongoing effort to keep shareholders advised as to the company's progress, is pleased to announce the following achievements:

--  FSBO Media has entered into an agreement to acquire an established
    "FOR SALE BY OWNER" Internet based FSBO virtual home tour and publishing
    company. The company is located in Florida and has developed a unique
    business model that  sets it apart from all other "FOR SALE BY OWNER"
    competitors. Upon the closing of the transaction FSBO Media Holdings will
    be the controlling shareholder.
--  FSBO Media is in final negotiations with a premier business solutions
    provider for online corporate, association, charity, sports and
    entertainment identity. The company enables its clients to promote, conduct
    and optimize their Internet business opportunities, achieving a powerful
    and unique online identity, and profit from real time market demographic
    information. Its integrated web marketing will create a perpetual cycle of
    brand awareness, measured response, new sales, and growth for its
    customers. Its tools and services assist and increase business
    communication, efficiencies in the workplace, and provide the best in
    business identity, branding and Internet web presence.
--  FSBO Media is in final negotiations with a publicly traded fully
    reporting company that will provide full video and television production
    capabilities. The company is located in South Florida. Under the terms of
    the agreement FSBO Media will enter into a video and television production
    agreement with the company. FSBO will also exchange certain business assets
    for a fifty percent shareholder interest in the production company. The
    production company shall receive a fifty percent interest in FSBO Media
    Holdings as part of the transaction and will establish its worldwide
    business offices within the FSBO Media's offices in Coral Springs, Florida.
About FSBO Media Holdings, Inc.

FSBO Media Holdings excels in web development and media strategy, online-offline promotions, partnership marketing and branding/identity. FSMH utilizes conventional forms of media advertisement such as Internet, TV, print and radio. Other service providers will be able to advertise services and products and technologies through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses and technologies as well as other providers of media content. FSBO Media Holdings has established individual divisions to include FSBO Home Shoppers Network, an online merchandiser of thousands of household items and FSBO Financial Network by which the Video-Spectus™ is produced and sold. FSBO flat fee home listing and marketing services are offered to our subscribers at substantial discounts. The company has also created self-help training CDs to include By Owner University which guides the FOR SALE BY OWNER subscriber with tips and ideas on how to sell their home on their own. The Help-U-Build Guide instructs the subscriber how to build their home on their own which could save them thousands in construction costs. Both CDs are produced in English & Spanish.

This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of FSBO Media Holdings, Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.

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