Prime Time Group (PRTH)

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FT. LAUDERDALE, FL, Dec 28, 2006 (MARKET WIRE via COMTEX) -- FT. LAUDERDALE, December 28 2006 - Prime Time Group, Inc (PINKSHEETS: PRTH) announced today that the retail website for Prime Time Group, Inc., is expected to be operational on the 15th of January 2007 allowing Prime Time to enter the full spectrum of the Multi Billion Dollar Mobile Industries. "Consumers will be excited at the site and its layout," Says Metz "they will be able to buy handsets, plans, accessories and download a variety of ringtones, activities and games."
The company intends to participate in the exploding growth in the following sectors over the next 3 years:
Mobile Ringtones - Which are already a $500 Million business in the U.S. and music downloads to phones will reach $725 Million in sales in the U.S. by 2009.
Mobile Gaming - Which is projected to generate over $2.82 billion in revenue in the U.S. by 2009
Mobile Infotainment (sports and news alerts, video clips etc.) - Which is expected to hit $1 billion in sales in the U.S. by 2009.
The penetration of Mobile Handsets in the U.S. is expected to climb from 61% this year to 75% in 2009.
"This is the first out of several e-commerce launches coming in 2007. We will be launching accessories, gaming, content and a variety of market targeted commerce sites that all generate revenues." Says Dallas Robinson CEO. "We looked at our youth market demographic and realized this is one of the key channels for communicating and retailing to this market."
ABOUT PRIME TIME GROUP INC.
Robinson Wireless is a forward thinking company that focuses on 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 a content and e-commerce division is online and will be announced shortly.
Robinson Wireless/ Prime Time Group Inc., is currently investigating growth opportunities in Australia, Latin America, the Caribbean, Puerto Rico and the Dominican Republic as well as the developing markets in Asia.
PR7 Inc., operates 14- 7-Eleven convenience stores in San Juan Puerto Rico. Prime Time maintains its interest in PR7 Inc. Armando Del Valle was appointed President of the company in late June of 2006 and was chartered to maximize profitability and position the company for expansion. The profitability goals are about to be reached in December 2006 and the company has identified 3 locations for expansion in early 2007. By the end of 2007 the company hopes to conclude the first phase of expansion and intends to have in excess of 25 stores.
For further information contact:
Prime Time Group Inc.
Visit: www.primetimestores.com
Robinson Wireless Holdings
Visit: www.robinsonwireless.com
Contact Investor Relations : [e-mail]
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.
Copyright Copyright Hugin ASA 2006. All rights reserved.
SOURCE: Prime Time Group, Inc
Copyright 2006 Market Wire, All rights reserved.