International Sports and Media Group, Inc (fka ISME)

[stevo51]

News on our dividend spin-off company:

Palomar Enterprises, Inc. Signs One Year Corporate Communications Agreement with Pan American Relations
Business Wire - July 18, 2005 15:06

CARSON CITY, Nev., Jul 18, 2005 (BUSINESS WIRE) -- Palomar Enterprises, Inc. (OTCBB:PLMA) announces a one year corporate communications agreement with Pan American Relations ("PAR"). PAR will assist Palomar Enterprises, Inc. in the fields of finance, PR and marketing. The contract is for a combination of cash and restricted stock over a one year period. Palomar has made a transition to bring shareholder value by the reduction of free-trading shares being issued for services, while raising capital through the issuance of restricted shares.

Brent Fouch, CFO, "believes strongly that at this point in our business, this is an opportune time to make an investment in enhancing our shareholder communications. Shareholder communications for small cap companies is very specialized and we have selected PAR due to their expertise in this arena."

Yan Skwara, President of PAR, stated: "We are very excited to be working with Palomar as a new corporate communications client. Palomar has a sound business model that clearly has enormous growth potential. We are committed to keeping the investment community appraised on all business developments of Palomar moving forward."

Forward Looking Statements:

Certain statements in this news release may contain "forward looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.

SOURCE: PALOMAR ENTERPRISES, INC.

Palomar Enterprises, Inc.
Brent Fouch, 1-775-887-0670
[e-mail]
www.palomarenterprises.com
or
Pan American Relations
Yan Skwara, 1-858-488-7775 ext. 204
[e-mail]
www.parelations.com

Copyright Business Wire 2005
Hopefully we will get our shares soon.Probably sometime around August I hope..then I hope Yan takes them SB-2..instead of a 144 year restriction..looking for a 90day sb-2 restriction..