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mick

08/26/07 9:20 PM

#879 RE: mick #877

part six ,,, 247MGI, Inc., to Begin Beta Testing Proprietary Player for Its IP Broadcast Network
The Player is Four Times the Size of Traditional Streams
FT. LAUDERDALE, Fla., March 26, 2007 (PRIME NEWSWIRE) -- 247MGI, Inc. ("247MGI") (OTCBB:TOFS) announced today that it will begin beta testing its custom developed hybrid player application to be used for its IP broadcast network.

247MGI, through its recent agreement to acquire media assets, acquired a custom built player application that was designed for use with streaming video or audio in both live and achieved content. The player allows the user to see images four times larger than traditional streams of 320 by 240 and has a built-in chat module to communicate with the broadcaster or other users during live events. A hidden moderator was built into the player to act as the delay system of traditional media outlets. Here the moderator can make sure that no profanity or inappropriate remarks are displayed on the player during the live session, should a user continue to try to use profanity then the moderator can bounce the user from the session. The player has a chat room module included where users can create their own chat rooms to communicate with one another and the ability to transfer files. Other features currently being added are similar to other applications such as conferencing, pc to pc calling and webcams.

Chairman and CEO Matt Dwyer stated, "247MGI is working with the programmers regarding several other features which we hope to be able to start to introduce in the coming months. 247MGI is seeking participants to help ensure all the bugs have been worked out of the player. In our upcoming website launch there will be a form for people to fill out to sign up for our beta test launch."