National Financial Network Issues Favorable Report on Magic Lantern Group

National Financial Network Issues Favorable Report on Magic
Lantern Group 


NEEDHAM, Mass., March 10  /PRNewswire-FirstCall/ -- National Financial Network,
a division of National Financial Communications Corp., announced today that it
has issued a favorable InvestorFacts report on Magic Lantern Group, Inc.
(AMEX:GML), a leading international distributor of educational content and
third-generation, digital content and e-delivery solutions.  The report
includes a profile of the Company's core competences, diversified growth
strategy, management team and investment considerations. Interested parties can
view the report online at http://www.nfnonline.com/gml/report.html or call
781-444-6100x629 for reprints.

Geoffrey Eiten, publisher of the NFN InvestorFacts Report, stated, "While
expanding its core business in educational video delivery, Magic Lantern Group
is now targeting its highly efficient and affordable digital streaming services
to attract new partners and acquisition targets. Magic Lantern Group's
proprietary VideoBase(R) indexing tools, built by its subsidiary Sonoptic
Technologies, allow any length of digital video to be 'googlized' into short
clips and divided into chapters, bringing search-and-play technologies directly
onto desktop screens and projectors for homes, offices, learning institutions
and classrooms worldwide. With a new focus on bringing its digital services to
multiple sales verticals, including government- mandated reporting, corporate
compliance, human resources and sports entertainment, Magic Lantern Group is
poised for near- and long-term growth."

About National Financial Network

Since 1992, National Financial Network has provided consulting services and
customized, proactive investor relations campaigns to more than 500
small/micro-cap public companies. National Financial Network designs and
implements results-driven direct mail, electronic marketing, shareholder
communications and other programs to increase market awareness for its clients.
A partnership with National Financial Network can improve a company's
shareholder communications channel, facilitate capital formation opportunities,
create an expanding and diversified base of institutional and retail
shareholders, and garner financial media coverage. National Financial Network
is a division of National Financial Communications Corp. headquartered in
Needham, MA. For more information visit http://www.nfnonline.com/ and
http://www.nationalfc.com/.

National Financial Network serves as special advisor to Magic Lantern Group and
has received fees for services, including a monthly retainer of five thousand
dollars, paid in cash plus an option to purchase two hundred thousand shares of
the Company's common stock, 66,667 shares at an exercise price of $0.25 per
share; 66,667 shares at an exercise price of $0.80 per share; and 66,666 shares
at an exercise price of $1.50 per share. 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 can be found online at
http://www.nfnonline.com/gml.

About Magic Lantern Group, Inc.

Magic Lantern Group, Inc. operates several strategic subsidiaries and
divisions, including the global distribution of videos and DVD's from more than
300 world-renowned producers, its core business for nearly 30 years. Key
divisions are Sonoptic Technologies, a pioneer in commercial digital video
encoding and online digital video utility and leading provider of third-
generation digital technology solutions and the recently launched Magic Vision
Digital Media, Inc., a provider of digital on-demand/on-line desktop delivery
for sports entertainment, health care, human resource, and corporate governance
and compliance industries. For more information, visit:
http://www.magiclanterngroup.com/.

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 Lorraine Villa,
Executive Assistant to the CEO, , 1-800-263-1717 ext.2450.

Any statements in this Press Release about future expectations, plans and
prospects for the Company constitute forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934.  The company has tried, whenever possible, to
identify these forward-looking statements using words such as "anticipates,"
"believes," "could," "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, including those risks identified in our Annual Report on Form
10-K, which could cause the company's actual results, performance or
achievements to differ materially from those expressed in or implied by such
statements. Revenue projections contained in this release are subject to the
successful execution of e-commerce websites. 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: National Financial Communications Corp.



CONTACT: Gary Geraci of National Financial Network, [phone] ext.

629, ; or Lorraine Villa, Executive Assistant to the CEO,

, [phone] ext. 2450



Web site: http://www.nfnonline.com/gml/report.html

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