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Thursday, 01/10/2002 12:22:53 PM

Thursday, January 10, 2002 12:22:53 PM

Post# of 279080
News

Triangle Multi-Media, Inc., President Frank Olsenenlists gay community for support

Palm Springs CA, Jan 10, 2002 (M2 PRESSWIRE via COMTEX) -- Triangle Multi-Media Limited, Inc. (NQB Pink Sheet - QBID) President Frank Olsen stated that after five years of communicating to major corporations and broadcast companies the important need for gay television, Triangle Multi-Media, owners of Triangle Television Network (TTN), a gay and lesbian television network now broadcasting, was pleased to see the interest of Showtime, HBO and MTV in gay networks as covered in the recent "Robbins Report" written by Max J. Robbins.

Olsen stated, "The Triangle Television Network has been aggressively seeking placement with cable and satellite companies. One of TTN`s challenges has been to convince companies such as AOL-Time Warner and other program providers the value of the market. With the recent article by Max Robbins, it seems that these companies have finally stood up and responded to the gay and lesbian market. Now all TTN has to do is convince cable providers to begin broadcasting our signal."

Olsen emphasized the fact that "TTN`s signal is digitally broadcast and will enter no home unless it is invited. TTN provides quality programming. We consider it gay and lesbian family programming."

"TTN currently stands with over 30,000 potential subscribers who agree to pay over $15 per month to receive the programming," Olsen added, "but, as yet, no major players have come forward to carry our signal. I know some major networks are planning to launch gay channels within the next year, but TTN is ready today. I hope members of the gay and lesbian community will call their cable companies and ask them to carry the TTN signal now."

Olsen further stated, "I believe TTN has the largest library of gay programming in the world. TTN has licensed thousands of hours of programming and is in the process of developing thousands of hours of new programming, such as Gay American Bandstand, Gay Court, Gay Dating Game and our lead show Good Morning Gay America, to name just a few."

Forward looking statements (Statements which are not historical facts)

In this release are made pursuant to the safe harbor provisions on the Private Securities Litigation Reform Act of 1995. Investor are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties details in the Company`s filings with the Securities and Exchange Commission

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