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Magic Lantern Group Enters into Alliance to Offer TutorBuddy as a Fundraising Vehicle --Toronto District School Board Markets TutorBuddy to More than 550 Schools-- NEW YORK, April 12 /PRNewswire-FirstCall/ -- Magic Lantern Group,Inc. , a leading North American distributor of educational content and e-learning delivery with licensing operations in Canada and the U.S., announced today that the Company has entered into an alliance with the Toronto District School Board (TDSB) to include Magic Lantern Group's TutorBuddy(TM) product in its fundraising outreach program. TutorBuddy is an Internet-based system that delivers searchable, curriculum-correlated video programs and learning objects on-demand to students as an in-home homework and research tool. TutorBuddy's growing collection currently has more than 1,600 learning video programs, indexed into over 12,000 video objects, virtual clips of whole video programs. The TDSB, which services the Greater Toronto area, recently compiled and distributed a fundraising guide to the 558 schools that operate within its district. The purpose of the guide is to help schools plan and launch their fundraising activities. For each TutorBuddy subscription sold, the participating schoolwill receive a portion of the proceeds in cash. Magic Lantern Group President and CEO Bob Goddard stated, "Fundraising with TutorBuddy exemplifies the innovative use of technology for educational purposes. We believe TutorBuddy can offer much more tostudents compared to traditional fundraising vehicles because it provides a significant value-added educational benefit. TutorBuddy can be used as an interactive supplement to in-class room teaching by enabling on-demand access to a large database of school-curriculum subjects. In addition, TutorBuddy extends learning into the home by allowing students access from their personal desktops. By aligning with TDSB, we have significantly extended the geographic reach for TutorBuddy. As the largest school board in Canada, the TSBD should not only provide for additional market exposure, but also assist us in generating new sales from TutorBuddy subscriptions." About the Toronto District School Board (TDSB) The Toronto District School Board (TDSB) wascreated on January 1, 1998 following the amalgamation of seven individual Boards of Education. Serving almost 1.6 million electors of the City of Toronto, TDSB is the largest school board in Canada and among the largest in North America. In the 2002-2003 school year, more than 40% of graduating students ranked as Ontario Scholars for achieving an average of at least 80% in their top six courses. TDSB students consistently meet or exceed the provincial average in province-wide achievement tests in reading, writing and math. For more information, visit: http://www.tdsb.on.ca/. About Magic Lantern Group, Inc. Magic Lantern Group, Inc. is a leading, global distributor of learning videos serving more than 10,000 schools, libraries and social agencies in North American and international markets. With 40,000 programs from 300 world-renowned producers including Disney Educational Media, Schlessinger, Annenberg/CPB and Dorling Kindersley, the Company's educational products include: Magic Lantern InSite(TM), a digital streaming video product for schools, libraries and universities and TutorBuddy(TM), an at-home e-learning product for students and teachers. Leveraging its position as one of the most highly respected brands in video educational delivery, the Company is pursuing multiple sales verticals to maximize total revenues. Magic Lantern Group operates three strategic subsidiaries: Magic Lantern Communications, a global distributor of video content to schools, universities and libraries; Magic Vision Digital Media Inc., an emerging provider of on-demand sports entertainment, health and corporate training digitized content; and Sonoptic Technologies, a leading provider of online, next-generation digital technology solutions. For more information, visit the Company's websites: http://www.magiclanterngroup.com/, http://www.tutorbuddy.com/, and http://www.magiclanterninsite.com/. For more information: For investor relations, contact Gary Geraci, National Financial Network, 781-444-6100 ext. 629, email: . Also visit http://www.nfnonline.com/gml. At the Company, contact Bob Goddard, Magic Lantern Group, Inc., 905-827-2755 ext. 454, . This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "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 which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. 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: Magic Lantern Group, Inc. CONTACT: Gary Geraci of National Financial Network, +1-781-444-6100 ext. 629, ; or Bob Goddard of Magic Lantern Group, Inc., +1-905- 827-2755 ext. 454, Web site: http://www.magiclanterngroup.com/

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