Consolidated Sports Media Group Inc. to Enter the Feature Film Industry ADDISON, Texas, Feb. 9 /PRNewswire-FirstCall/ -- CONSOLIDATED SPORTS MEDIA GROUP INC. (CSMGI) (Pink Sheets: CSGU) announced today that it will provide various business and development related services for new low budget films to be announced in the near future. CSMGI's goal is to represent and assist in the distribution of a series of low budget independent feature films in the documentary genre. Initially these films will be introduced to the film industry through traditional distribution methods. CSMGI's has developed relationships with distributors, studios, directors, writers, actors, graphic designers, and craftspeople that should allow CSMGI the opportunity to develop a niche market in the feature film industry much the way it has in the home video market place. "I think we can be very competitive with $250,000 to $2,500,000 budget films because the dynamics of film making in this genre, has drastically changed thanks to documentaries like 'Fahrenheit 911' and 'Super Size Me.' These films are often created to appeal to a wide audience and shot on inexpensive new digital video formats, which ultimately provides lower risk opportunities," said Scott Schepper, CEO. CSMGI brings together a depth of experience in producing video and new media, with business experience, and contacts to the creative community and entertainment industry. "All of my life, I have been fully captivated by sports and movies, and now CSMGI shares a vision on the way we can be successful with movies that have sports ties," said Schepper. About Consolidated Sports Media Group Inc. CSGU is a conglomerate of multimedia companies that develop, produce, and distribute entertainment media focused on film, television, music, and publishing interests. The company, based in Addison, Texas, develops training and instructional videos for a wide variety of sports and leisure. CSGU distributes DVD titles through its direct response television business strategies as part of the company's commitment to be a dominant force in the instructional sports marketplace, while also entering the multi-billion dollar home video/entertainment industry. Please visit the company website at http://www.csmgi.com/ "Safe Harbor" Statement: Certain statements in this release are "forward-looking" statement as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital. For more information, please contact: Scott Schepper, 214-239-2970. DATASOURCE: Consolidated Sports Media Group Inc. CONTACT: Scott Schepper of Consolidated Sports Media Group Inc., +1-214-239-2970

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