Canada : Velocity International Corp. announced that its Velocity Global Entertainment and Velocity Global Talent divisions are entering the distribution industry with Exclusive Video Content to Third-Generation (3G) Mobile Phones. Both divisions operate under the Velocity International Corp. -- VITJ -- banner in conjunction with the launch of VelocityModels.com and VelocityTalent.com. VITJ believes that it will be distributing new faces, products and services in the first and second quarter of 2005 through these divisions.

Velocity Global Entertainment and Velocity Global Talent are divisions of VITJ focused on the aggregation and wholesale exploitation of digital rights, are exploring the signing of a non-exclusive agreement to distribute exclusive content through companies like Foreal, Inc. via video ringtones to third-generation (3G) mobile phones, initially throughout Japan and Southeast Asia. Companies like Foreal have the ability to service VITJ's exclusive programming with turnkey sales, marketing and distribution services to official mobile phone content providers, via branded premium prepaid cards ("Chaku Purika") and by direct-to-consumer downloads on the Foreal website.

According to Mobile Media Japan, the conversion to 3G mobile phones capable of utilizing video ringtones is well under way. As of January 2005, approximately 25 million of the 84 million registered mobile phones were 3G. The majority of the mobile phone subscriber base in Japan is expected to convert to 3G technology by the end of 2005. In the event that Velocity utilizes Foreal, it will be well positioned to take advantage of this growth as the demand for video content via ringtones increases.

VITJ's exclusive video content may be featured within Foreal's promotional and marketing efforts, initially with the "Chaku Purika" program, which loosely translates as "Delivered Prepaid Card" and facilitates consumer downloading of video ringtones through the Internet. This type of premium program is estimated to reach more than 12 million consumers through 20,000 retail outlets by the end of 2005. These premium cards will be co-branded with corporate sponsors and used as a consumer marketing tool promoting products or services.

The opportunities in Japan and Southeast Asia are exciting for VITJ. The explosive growth of 3G phones and the strong demand for video ringtone content in Japan present a great opportunity. As 3G mobile phones become the standard in other parts of Southeast Asia, VITJ will expand the distribution of exclusive video content accordingly. Meanwhile, VITJ will aggressively pursue content appropriate for these territories and channels of distribution. Additionally, VITJ is exploring similar opportunities in North America and Europe as 3G mobile phone technology and consumer support gain similar footholds.

About Foreal

Foreal, Inc. is a provider and aggregator of master content for RealTONES and VideoTONES, the mobile communication industry's newest and fastest growing service in ring (back) tones utilizing the original performances by artists. Utilizing its expertise, Foreal has implemented a robust sales and marketing program by which to distribute content to virtually all official content providers and to the largest mobile carriers in Japan and Asia. Foreal also boasts a unique promotional program that will direct a high volume of mobile traffic to its various content sites. Coupled with this unique premium opportunity, Foreal is encouraged by the positive, high level response as well as the potential for growth in this burgeoning industry.