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10/14/04 3:14 PM

#3185 RE: PDC ™ #3183


Prime Rate Investors, Inc. Launches National Syndication of Backcountry TV
Business Wire - October 14, 2004 15:12

STOWE, Vt., Oct 14, 2004 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced the national syndication of the first two episodes of the original series, Backcountry TV. "Chamonix: the Cradle of Alpinism" and "Altai: Siberia's Hidden Peaks" have been selected as part of New Visions Syndications' 2004/05 Mountain Top Ski and Snowboard Series airing to 196 million total viewers nationwide throughout the winter season on major broadcast network affiliates including, among others, ABC, CBS, Fox Sports, and NBC. Additionally, both episodes of Backcountry TV are currently airing on all US Airways flights to Europe. The series of half hour cultural and historical presenter-led documentaries chronicle stories of outdoor adventures around the globe. Produced by Stowe TV-10 in association with High Angle Media, Inc., the series is written and directed by Ian Lamphere and Adam DesLauriers, and hosted by Sam Von Trapp. A schedule of airings will be available at the website www.stowetv10.com.

Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure.

About Stowe TV-10: Stowe TV-10 is a cable broadcast channel that carries RSN national and locally produced resort-sports programming to the Stowe, Mount Mansfield and Smuggler's Notch regions of Vermont - the most unique and historic hub of skiing in the Eastern United States. From its studio in the village of Stowe, Stowe TV-10 reaches nearly a million people a year.

For more information, visit the company's website www.stowetv10.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: Prime Rate Investors, Inc.

Stowe TV-10
Dan Burgess, 802-253-0199
FAX: 888-607-9495
http://www.prrm.us
E-mail: info@stowetv10.com

Copyright (C) 2004 Business Wire. All rights reserved.





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