Alternate Marketing Networks Offers to Purchase ALTM Common Shares for $.20 Per Share

Record Date: November 1, 2005 


HUDSONVILLE, Mich., Nov. 1  /PRNewswire-FirstCall/ -- Alternate Marketing Networks, Inc. (Pink Sheets: ALTM) announced it is offering to purchase its common stock for a purchase price of $.20 net per share.  The record date was today.  The offer is voluntary.

The offer will provide shareholders the opportunity to sell shares at a premium without incurring any brokerage commission from ALTM, stated Phillip Miller, chairman and CEO.  He added that this would provide liquidity for those who desire in the absence of an active market for the company's stock. The Company cannot predict whether its stock will continue to be quoted in the "Pink Sheets" in the future or whether the Company will make any offer to repurchase its shares after the conclusion of this offer.

The Company can make this offer because of the positive results from its sole subsidiary in the newspaper advertising industry.  For the nine months ended September 30, 2005, the Company reported revenues of $21,080,676 and net profit of $531,601.  The net profit includes a federal tax refund of $74,788 for the carry back of a capital loss realized in 2003.  The actual refund resulting from the carry back was significantly less than previously estimated due to a previous net operating loss carry back.

The offer will be mailed next week and expires at 5:00 p.m. EST on December 16, 2005.

The Company's sole operating subsidiary, National Home Delivery, Inc., through its three divisions U.S. Suburban Press (USSPI), Custom Media Solutions (CMS) and Specialty Media Solutions (SMS), provides newspaper solutions to national advertisers in the United States. 

DATASOURCE: Alternate Marketing Networks, Inc.



CONTACT:  Phillip Miller, chairman and CEO of Alternate Marketing

Networks, Inc., [phone]



Web site:  http://www.altmarknet.com/ 

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