SOURCE: FSBO Media Holdings, Inc.

June 22, 2006 09:40 ET

FSBO Media Holdings, Inc. Launches "BY OWNER UNIVERSITY™" Through Nationwide E-Mail Marketing Campaign to Be Produced by Centale, Inc's AOL Permission-Based E-Mail List

CORAL SPRINGS, FL -- (MARKET WIRE) -- June 22, 2006 -- FSBO Media Holdings, Inc. (PINKSHEETS: FSMH) announced today that it is launching its BY OWNER UNIVERSITY™ instructional CD through Centale, Inc's (OTCBB: CNTL) AOL white listed, permission-based E-Mail list. www.byowneruniversity.com

BY OWNER UNIVERSITY™ is the first CD in a series of instructional tutorials. The series of tutorials will provide information and direction to the FOR SALE BY OWNER home seller to include foreclosure opportunities, commercial and residential investments and other important real estate knowledge. The initial CD will be direct marketed to homeowners and property owners who wish to sell their property and save the 5-7% commission charged by real estate agents. This amounts to thousands of dollars saved by the property owner. This will be accomplished through Centale Inc's AOL white listed, permission-based email database.

BY OWNER UNIVERSITY™ leads the listener step-by-step through the selling process from listing to determining the price, fixing-up, showing the property, contract and closing. It clearly demonstrates that property can be sold without paying high commissions.

Bob Pianka, President of FSBO TV, producers of BY OWNER UNIVERSITY™, said, "Our objective is to show the average person that it is not only possible, but probable that he or she will be able to save thousands on the sale of their home by selling it themselves. We show them how to do it safely as well."

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 through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses related to the real estate industry 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 www.videospectus.com is produced and sold, FSBO Mortgage, FSBO Title and FSBO flat fee home listing and marketing services.

FSBO Web TV'S primary video programming is directed towards the For Sale By Owner real estate marketing and listing business. FSBO is modeling its services after the discount stock brokerage businesses that revolutionized their industry such as Scottrade, E-Trade and other popular consumer accepted brokerage services that have provided the "Self Help Directed" methods of buying, selling and making investment decisions on their own without paying high commissions. www.fsbowebtv.com

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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