SOURCE: Podium Venture Group, Inc.

May 03, 2007 10:56 ET

Podium Venture Group, Inc Subsidiary N'east Magazine Kicks Off International Brand Marketing and Shared Content Campaign With U.K Surfing Powerhouse Magic Seaweed

PORTLAND, ME -- (MARKET WIRE) -- May 3, 2007 -- Podium Venture Group Inc. (PINKSHEETS: PDVP), an apparel, media, and publishing holding company in the lifestyle sports industry announced today that they have partnered with the U.K.-based Magic Seaweed (magicseaweed.com) -- an online surf community-based portal with global content, forecasts and audience.

"The partnership with Magic Seaweed is designed to rapidly expand the market presence of N'East Magazine and Podium Venture Group, Inc. Over the next months, we will be a provider of editorial content for the global surf community that uses Magic Seaweed for its news, products, surf forecasting and photography. In conjunction with the shared content, we will be initiating a subscription-based marketing campaign as we have already seen the results from test marketing their audience and the global brand recognition that follows. It is a good marriage for both brands -- ensuring viral brand growth in a global medium with revenue-based rewards," - Jim McGinley, President & CEO, Podium Venture Group, Inc.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

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