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Magic Vision Digital Media Launches Video Streaming Services to the Human Resource Compliance Industry NEW YORK, Aug. 24 /PRNewswire-FirstCall/ -- Magic Vision Digital Media (http://www.mv-dm.com/), a third-generation, digital content solution provider and subsidiary of Magic Lantern Group, Inc. (AMEX:GML) (http://www.magiclanterngroup.com/), announced today that it has launched a video streaming and indexing product providing solutions for the human resources and legal compliance industries. Magic Lantern Group President and CEO Bob Goddard stated, "MVDM has the video expertise to create and manage a state-of-the-art digital video- streaming library, which can be delivered straight into the home or office via a desktop computer. The division is now actively marketing its services to produce corporate training videos, ranging from employee orientation to legal compliance issues and sales presentations. MVDM is targeting thousands of companies, law firms and compliance professionals in North America with this new service." MVDM also provides companies with a private label offering, delivering a seamless, customized solution consistent with their corporate brand. Companies are able to monitor the compliance of their employees via MVDM's integration of administrative tools that permanently document compliance. Managing Director of MVDM Judy Piktelis stated, "The human resource compliance industry is growing at a rapid pace, due to ever-changing employment laws regarding such topics as sexual harassment, anti- discrimination, drug and alcohol testing, and termination. The need for real- time access to corporate compliance education and training protocols extends to every business in the U.S., both large and small. Small to mid-sized companies often do not have an existing compliance infrastructure in place and are facing increased pressure to meet new legal guidelines. Through our technology offering and pending partnership agreements, MVDM is addressing the explosive HR compliance market, targeting small businesses, as well Fortune 500 companies in the U.S. and Canada." 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 Cerebellum Corporation, monterey media and CTV Television, 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 complementary 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 business digitized content; and Sonoptic Technologies, a leading provider of online, next-generation digital technology solutions. 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 Judy Piktelis, Magic Vision Digital Media, 781-258-7576, . 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, ; or at the Company: Judy Piktelis of Magic Vision Digital Media, +1-781-258-7576, Web site: http://www.mv-dm.com/ http://www.magiclanterngroup.com/

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