eMax Holdings, Inc. (fka EMXC)

[spiel2001]

01/10/2003 10:50 EMAXNET Signs Agreement To Acquire 16 TV Stations

ORLANDO, Fla., Oct 1, 2003 /PRNewswire-FirstCall via COMTEX/ -- EMAXNET, Inc., a subsidiary of eMax Corporation (OTC Pink Sheets: EMAX), signed an agreement to purchase 16 television stations in the United States.

Donald O'Neill, VP of EMAXNET, Inc., stated, "The stage has been set, as a result of the heated debate over television ownership, to see the value of television stations explode. The limited availability of TV permits coupled with the increased demand for programming distribution has created powerful momentum for television owners in every sector. Station airtime and valuations have gone through the roof. We are excited about the growth of our company and the ability to take advantage of the tremendous synergies we bring one another."

About EMAXNET, Inc., with divisions: EMAX Music, EMAX Studios, and EMAX TV Group:

EMAXNET is in the process of acquiring additional companies in the areas of Internet, broadcasting, communications and wireless industries. EMAX NET plans to finalize an alliance with IDVDBOX, Inc. to market the first truly interactive television and DVD player. EMAXNET owns the rights associated with emaxol.com. EMAXNET is interested in acquiring the rights to purchase a full media production and postproduction facility located in Orlando, Florida. EMAXNET plans to launch a twenty-four hour broadcast network, which will showcase all family entertainment movies, television shows, and music. The EMAX NETWORK will license to numerous satellite and cable broadcast networks broadcast programming and will directly compete with the Paxson Network, the Fox Family Network, Nickelodeon and other family entertainment television networks. The newest addition of the EMAX TV Group will help the company expedite these efforts.

EMAXNET launched its family portal, http://www.emaxnet.net, in 2002. EMAXNET.NET, is powered by Yahoo! and has affiliations with retailers such as Amazon, Wal-Mart, Gap, Old Navy, Brooks Brothers, Nordstrom, MP3, Kmart, Toys R' Us, Target, AOL, Disney, BMG Music, HSN, Best Buy, Tower Records, Time- Life, DVD Planet, Barnes and Noble, A&E Networks, MusicMatch, eMusic, Travelocity, Expedia and many more.

About eMax Corporation:

eMax Corporation is a holding company that operates a collection of multimedia and family entertainment content through two corporations and three divisions: Freedom Entertainment International, Inc., EMAXNET, Inc., eMax Music, EMAX TV Group, and eMax Studios. The five operating areas offer technology-driven, high-quality products and services focusing in pre-recorded music, outdoor sports, special events, feature film production, and television programs. eMax Corporation is in the process of forming a new subsidiary, "EMAX REALTY Group, Inc", for the purpose of acquiring and developing Real Estate.

"I chose EMAX as my opinion editorial this week because I feel it may be on the verge of a breakout in price. I therefore suggest that you do your homework on this one now while it's at a reasonably low price," said Larry Oakley in his recent editorial (09/17/03) at: http://www.wallstreetcorner.com/new_lop.html .

Investors can find current corporate updates and developments at http://www.emaxcorp.com. eMax Corp. has recently ranked in the top10 on http://www.pinksheets.com/quote/quote.jsp?symbol=EMAX .

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward- looking statements involve risks and uncertainties, including, without limitation, the future press releases of EMAX.



Message Board: http://groups.yahoo.com/group/emaxnet/

SOURCE eMax Corporation


Roxanna Weber of eMax Corp., [e-mail]; or Kimber
Peterson of CPR, Inc., +1-866-868-EMAX, or [phone], or
[e-mail], for eMax

http://www.emaxcorp.com

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