Alternate Marketing Networks Sets Annual Meeting Date and Reports on 2004 Financial Results HUDSONVILLE, Mich., March 31 /PRNewswire-FirstCall/ -- Alternate Marketing Networks, Inc. (Pink Sheets: ALTM) has scheduled its annual meeting for July 14, 2005 at its Hudsonville, Michigan office. The Company reported a net profit of $765,647 on sales of $27,027,160 for the fiscal year ending December 31, 2004. The unaudited financial statements were prepared and presented by management. Alternate Marketing Networks became a non-reporting company pursuant to a Form 15 filed with the Securities and Exchange Commission effective January 2, 2004, and does not currently plan to produce audited financial statements or an annual report to the shareholders or to solicit proxies for the meeting. The Company currently has 8,279,501 shares issued and outstanding. The Company noted that it performed better than expected due to debt forgiveness related to settlements in the Company's former Hencie subsidiary, and an unexpected increase in automotive advertising in the second half of the year. In addition, the Company realized savings of over $300,000 as compared to the previous year in expenses related to public company reporting requirements, due to its non-reporting status. The Company's sole subsidiary, National Home Delivery, Inc., dba U.S. Suburban Press (USSPI), continues to provide newspaper solutions to national advertisers in the United States. Alternate Marketing Networks, Inc., and Subsidiary Selected Financial Data Twelve months ended December 31, (unaudited) 2004 2003 Net Sales $27,027 $19,131 Income (loss) from operations $704 $(211) Discontinued operations $ - $(4,172) Net income (loss) $766 $(6,561) Weighted average shares 8,989,022 9,773,899 Basic earnings (loss) per share $0.09 $(0.67) DATASOURCE: Alternate Marketing Networks, Inc. CONTACT: Phil Miller, Chairman and CEO of Alternate Marketing Networks, Inc., +1-616-662-6420, ext. 12, Web site: http://www.altmarknet.com/

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