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National Financial Network Issues Favorable Report on Magic Lantern Group NEEDHAM, Mass., March 10 /PRNewswire-FirstCall/ -- National Financial Network, a division of National Financial Communications Corp., announced today that it has issued a favorable InvestorFacts report on Magic Lantern Group, Inc. (AMEX:GML), a leading international distributor of educational content and third-generation, digital content and e-delivery solutions. The report includes a profile of the Company's core competences, diversified growth strategy, management team and investment considerations. Interested parties can view the report online at http://www.nfnonline.com/gml/report.html or call 781-444-6100x629 for reprints. Geoffrey Eiten, publisher of the NFN InvestorFacts Report, stated, "While expanding its core business in educational video delivery, Magic Lantern Group is now targeting its highly efficient and affordable digital streaming services to attract new partners and acquisition targets. Magic Lantern Group's proprietary VideoBase(R) indexing tools, built by its subsidiary Sonoptic Technologies, allow any length of digital video to be 'googlized' into short clips and divided into chapters, bringing search-and-play technologies directly onto desktop screens and projectors for homes, offices, learning institutions and classrooms worldwide. With a new focus on bringing its digital services to multiple sales verticals, including government- mandated reporting, corporate compliance, human resources and sports entertainment, Magic Lantern Group is poised for near- and long-term growth." About National Financial Network Since 1992, National Financial Network has provided consulting services and customized, proactive investor relations campaigns to more than 500 small/micro-cap public companies. National Financial Network designs and implements results-driven direct mail, electronic marketing, shareholder communications and other programs to increase market awareness for its clients. A partnership with National Financial Network can improve a company's shareholder communications channel, facilitate capital formation opportunities, create an expanding and diversified base of institutional and retail shareholders, and garner financial media coverage. National Financial Network is a division of National Financial Communications Corp. headquartered in Needham, MA. For more information visit http://www.nfnonline.com/ and http://www.nationalfc.com/. National Financial Network serves as special advisor to Magic Lantern Group and has received fees for services, including a monthly retainer of five thousand dollars, paid in cash plus an option to purchase two hundred thousand shares of the Company's common stock, 66,667 shares at an exercise price of $0.25 per share; 66,667 shares at an exercise price of $0.80 per share; and 66,666 shares at an exercise price of $1.50 per share. This is not an offer to buy or sell securities. Information or opinions in this release are presented solely for informative purposes, and are not intended nor should they be construed, as investment advice. Full disclaimer information can be found online at http://www.nfnonline.com/gml. About Magic Lantern Group, Inc. Magic Lantern Group, Inc. operates several strategic subsidiaries and divisions, including the global distribution of videos and DVD's from more than 300 world-renowned producers, its core business for nearly 30 years. Key divisions are Sonoptic Technologies, a pioneer in commercial digital video encoding and online digital video utility and leading provider of third- generation digital technology solutions and the recently launched Magic Vision Digital Media, Inc., a provider of digital on-demand/on-line desktop delivery for sports entertainment, health care, human resource, and corporate governance and compliance industries. For more information, visit: http://www.magiclanterngroup.com/. Contact Information: For Investor Relations, contact Gary Geraci, National Financial Network, 781-444-6100 ext. 629, email: and visit: http://www.nfnonline.com/gml/. At the Company, contact Lorraine Villa, Executive Assistant to the CEO, , 1-800-263-1717 ext.2450. Any statements in this Press Release about future expectations, plans and prospects for the Company constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "could," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors, including those risks identified in our Annual Report on Form 10-K, which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Revenue projections contained in this release are subject to the successful execution of e-commerce websites. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements. DATASOURCE: National Financial Communications Corp. CONTACT: Gary Geraci of National Financial Network, +1-781-444-6100 ext. 629, ; or Lorraine Villa, Executive Assistant to the CEO, , +1-800-263-1717 ext. 2450 Web site: http://www.nfnonline.com/gml/report.html

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