Pengram Corporation
OTCQB – mid-tier listing : PNGM
PINK SHEETS : PNGM

August 19, 2011 08:00 ET

Pengram Corporation-Agreement with Capitol Financial Media of Nevada

BELLINGHAM, WASHINGTON--(Marketwire - Aug. 19, 2011) - Pengram Corporation (OTCQB:PNGM)(PINK SHEETS:PNGM), announced today that it has entered into an agreement with Capitol Financial Media of Nevada ("CFM Nevada"). Under the terms of the agreement, CFM Nevada will provide investor relations services on a month by month basis for consideration of $2,000 per month. The services to be provided include receiving and responding to investor phone calls.

Pengram's President, Mr. Donaldson, stated, "We are pleased to retain the services of CFM Nevada to provide this service to investors and potential investors. This will free Company management to deal with the business of the Company while providing good interactive information flow to investors."

Forward Looking Statement

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Such statements are based on current expectations, estimates and projections about Pengram's business. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry Pengram operates in and other risk factors listed from time to time in Pengram's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this news release speak only as of the date on which they are made, and Pengram does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

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