SOURCE: Tensleep Corporation

September 05, 2007 10:57 ET

Tensleep Corporation and Tensleep Wireless Call Special Meetings to Change Names to XSTV Corporation and XSTV Sports Network

AUSTIN, TX--(Marketwire - September 5, 2007) - Tensleep Corporation (PINKSHEETS: TENS)("Tensleep") announced that it and its subsidiary, Tensleep Wireless Corporation ("Wireless"), have called special shareholder's meetings for the purpose of changing their names to XSTV Corporation and XSTV Sports Network, respectively. Both meetings will be held on September 17, 2007, at Tensleep's offices located at 8000 Centre Park Drive, Suite 345, Austin, Texas at 10:00 a.m. and 11:00 a.m., respectively.

Tensleep, which currently owns approximately 22% of XSTV Media, Inc. ("XSTV"), recently announced an agreement to acquire the balance of XSTV's shares from the other shareholders. XSTV is a privately held development stage media company, and the transaction is scheduled to close on or before September 15, 2007. XSTV aggregates and packages sports-related video content and information services for web-based distribution and broadcast.

XSTV is the successor to the company that developed XSTV®, a magazine-style TV program about extreme sports which earned brand equity, consumer recognition and industry reputation during seven successful seasons, from 1997 to 2004, as one of the top US extreme sports television shows.

Tensleep's management has decided to focus on the business and corporate development of XSTV, exclusively, and has developed a business strategy based on leveraging and building the XSTV® brand. Part of that strategy is to reorganize Wireless from a consumer products company into developing an independent and extreme sports network, hence the name change to XSTV Sports Network.

See what XSTV is all about at www.xstvmedia.com.

Tensleep has been a specialty finance company specializing in the reorganization and recapitalization of private and public companies. For more information see our website at www.tensleep.com.

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