CO-Media

[jcradio]

Company Update:


Palm Springs CA April 30, 2001 - Triangle Multi-Media Limited, Inc. (OTC-QBID) President and CEO Frank Olsen announced that the company is offering Co-Media, Inc. cash and stock for any and all television distribution rights Co-Media may have. Triangle Multi-Media specializes in broadcasting, creating and producing programming for the gay and lesbian community.

Olsen stated, "Now that Triangle Multi-Media has acquired the assets of Triangle Broadcasting Company, which was solely the gay radio programming division, it seems only fitting that we should acquire the assets of Co-Media, Inc. in order for the television and radio divisions be under one corporate umbrella. Triangle Multi-Media will have one project: gay and lesbian programming for television and radio, as well as gay concerts, promotions, etc. This will be our total focus from now on."

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. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including those risks and uncertainties details in the Company's filings with the Securities and Exchange Commission.


SOURCE=http://www.qbid.net/april_30.htm