Prime Time Group Inc.

April 24, 2007 08:45 ET

Prime Time Group Inc. (PRTH) Announces Its 2007 Direction

FT. LAUDERDALE, FLORIDA--(CCNMatthews - April 24, 2007) - Prime Time Group Inc., (PINK SHEETS:PRTH), ("the Company") is pleased to announce that it has completed its seasonal wireless program for 2006/2007. In an announcement today President & COO Troy Metz noted "consistent with our business plan is our intent to focus on the bricks and mortar operations during our off season in our wireless division." He added "we launched with Virgin Mobile Canada into a number of these locations and we have gained both tremendous experience and understanding of the marketplace and how it operates."

Metz noted "now that we have completed the seasonality of our program and mini-store operations in western Canada for this season, we can look to the upcoming acquisition announcements and the success of the web and ecommerce program." He adds, "Prime Time has a great capacity to ensure its shareholders a strong and diverse revenue infrastructure. That is what we are committed to, and it is the direction our Board wants to go."

"The decision to cease operations in our seasonal business and mini-stores at this point in time allows us to focus our investment and strengths in acquisitions that are revenue positive and will provide additional channels for wireless distribution" says Dallas Robinson, CEO. Mr. Robinson believes that leveraging one business line with another allows us to maximize our market potential and shareholder value.

Strategically and financially 2007 is shaping up to be a great year for us. "Over the next couple of weeks we will be having a dialogue with our shareholders on the Puerto Rico initiatives, the Corporate Organization, growth and footprint of our wireless division and various acquisitions currently under negotiation in Canada and the United States" says Robinson.


Prime Time Group (PINK SHEETS:PRTH) is a forward thinking company that has interests in wireless products and services for today's youth market. By using retail, wholesale and internet delivery channels, the company has found unique ways to deliver the phones, accessories, mobile media and mobile games that are desired by a growing marketplace. In doing so it has established relationships with carriers such as Virgin Mobile, Fido, Sprint, as well as its own line of products such as Cherry Red Accessories and content. E-commerce division is online and will be announced shortly. Prime Time Group also has interests in the retail oil and gas, convenience store, and automotive sectors. All of which are complimentary.

Prime Time growth through acquisitions in diverse industry sectors is intended to develop a synergistic conglomerate of individual businesses which can benefit by each others market exposure. Each division and sector will utilize the others geographic locations and customer base to quickly boost the revenue and achieve immediate access to a broader customer base.

Robinson Wireless/ Prime Time Group Inc., is currently investigating growth opportunities in the Domestic United States, Canada, Latin America, and the Caribbean.

PR-7, Inc., the exclusive master Franchise of the largest Convenience store chain in the World for Puerto Rico and the Caribbean, operates 14, 7-Eleven convenience stores in San Juan, Puerto Rico. Prime Time maintains its interest in PR-7, Inc.

Legal Notice Regarding Forward Looking Statements

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "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. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

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