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National Financial Network Issues Favorable Report On Magic Lantern Group NEW YORK, March 22 /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 National Financial Network, a division of National Financial Communications Corp., has issued a favorable InvestorFacts report on the Company. The report includes a profile of Magic Lantern Group's subsidiaries, strategic partnerships, growth prospects and investment considerations. Interested parties can view the report online at http://www.nfnonline.com/gml/report.html or call 781-444-6100 x629 for reprints. Magic Lantern Group recently announcedthat pursuant to a channel partnership agreement with the Agency for Instructional Technology (AIT), the Company has launched an extensive digital video streaming product in the United States. AIT is a well-known and highly respected producer and distributor of educational video to more than 120 PBS stations and school districts in the United States. The AIT agreement marks Magic Lantern Group's first phase in creating a market presence for its third generation digital content delivery in the United States. Geoffrey Eiten, president of National Financial Communications Corp., stated, "The AIT agreement carries the potential for Magic Lantern Group to dramatically expand its revenue sources from analog videos to the untapped, multi-billion dollar digitized educational market in the U.S. By leveraging its key strategic partnerships including AIT, Disney and Campbell's, Magic Lantern Group expects to rapidly build a recurring revenue base and increase its market share internationally." In additionto the digital educational market, Magic Lantern Group is pursuing channel partnerships to market digital content packages in the categories of sports entertainment, health, and corporate training and development. "The pursuit of these new sales verticals positions Magic Lantern Group for tremendous future revenue growth," concluded Eiten. About National Financial Network National Financial Network, a division of National Financial Communications Corp. (http://www.nationalfc.com/) based in Needham,Massachusetts, is a full-service financial communications and investor relations firm that specializes in small/micro-cap companies. The Company's proactive campaigns are custom designed to strengthen each client's presence in the investment community by disseminating breaking news and fundamental positions to spheres of influence; building upon the client's existing shareholder base; and soliciting institutional coverage. For more information, visit: http://www.nfnonline.com/. 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, . Also visit http://magiclantern.ca/. Disclaimer from National Financial Network: National Financial Network serves as special advisor to Magic Lantern Group and has received fees for services, including publication of the InvestorFacts report and this press release, paid for in a monthly base fee of five thousand dollars, plus expenses, paid in cash. 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 may be found online at http://www.nfnonline.com/gml. 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: Investor relations, Gary Geraci of National Financial Network, +1-781-444-6100 ext. 629, ; Bob Goddard of Magic Lantern Group, Inc., +1-905-827-2755 ext. 454, Web site: http://www.magiclantern.ca/

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