SOURCE: RMD Entertainment Group

March 02, 2007 12:12 ET

RMD Entertainment Grp Co-Produces Obama '08 Special

Company Endorses Candidate's Bid for Election

PHILADELPHIA, PA -- (MARKET WIRE) -- March 2, 2007 -- RMD Entertainment Group (PINKSHEETS: RMDN) announced today that the Company has co-produced an exclusive 30-minute TV Special Event "Obama '08."

RMD Entertainment Group, in association with Mechanismo Corporation, captured an exclusive one on one interview with Presidential hopeful Barack Obama and also shot other exclusive content and voter feedback this past weekend in Cleveland, OH.

The interview was conducted by Jamie Sevier, host of the show "Hip Hop 2 Night with Jay Miller." "OBAMA '08" will be edited into a 30-minute production.

Giorgio Costonis, CEO of RMD Entertainment Grp & RHNMedia (Nevada) (PINKSHEETS: RHNA), commented, "Mr. Barack Obama is a unique individual that exhorts a fresh energetic perspective and drive in today's political landscape. After watching the footage we were unanimously moved by his sincerity and determination to truly make a difference for our country. We will continue to give him support in his candidacy through the duration of the race and wish him the best of luck."

About RMD Entertainment Group

RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of hip-hop music, including compact discs, digital downloads, and personal ring tones for mobile phone customers, as well as other hip-hop lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal in North America and in Europe through the Pickwick Group Ltd. of London).

About RHNMedia

RHNMedia is the first cable network dedicated exclusively to hip-hop lifestyle and culture. RHN has a regular programming schedule devoted almost entirely to the hip-hop marketplace with a targeted selection of programming centered on the foundation of hip-hop's core elements: Deejaying, Emceeing, Break dancing and Graffiti. Target Audience: 18-34 demographic, in both urban and suburban markets. Certain programming is targeted towards the 12-24 audience.

Forward-looking statements in this news release relating to the Companies expectations regarding demand and pricing are made pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used herein, words such as "expect" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on assumptions made by and information available to the Companies. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, without limitation, the future demand for, and sales volumes of, the Company's products, future production volumes, efficiencies and operating cots, increases or decreases in the prices of the Company's products, the Company's future stability and growth prospects, the Company's future profitability and capital needs, including capital expenditures, and the outlook for and other future developments in the Company's affairs or in the industries in which the Company participates and factors detailed from time to time in the Company's periodic reports filed with the United States Securities and Exchange Commission, and other regulatory authorities. The Company has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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