Alternate Marketing Networks Reported on 2006 Financial Results, 2007 Projections and Shareholder Dividend at Annual Meeting

HUDSONVILLE, Mich., June 12  /PRNewswire-FirstCall/ -- Alternate Marketing Networks, Inc. (OTC Pink Sheets: ALTM) held its annual meeting on June 6, 2007 at its Schaumburg, Illinois office.  As earlier reported, the Company had a net profit of $1,701,255 on sales of $31,952,054 for fiscal year ended December 31, 2006.  The unaudited 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.  The Company currently has 8,029,906 shares issued and outstanding.

The Company noted that it believes that sales and earnings for 2007 will be down from 2006 but higher than 2005.  The Company is not actively pursuing any acquisitions and continues to invest in its interactive and promotional activities.

In addition, the Company announced that the previously reported cash dividend of ten cents per share on the Company's common stock will be paid later in the month. The dividend is payable June 20, 2007 to shareholders of record as of June 6, 2007.

Alternate Marketing Networks, Inc. provides print, interactive and promotional media solutions to national advertisers throughout the United States through its sole subsidiary, National Home Delivery, Inc., which operates through three divisions: U.S. Suburban Press (USSPI), Custom Media Solutions (CMS) and Specialty Media Solutions (SMS).

Certain statements in this press release that are not historical fact may be "forward-looking statements". Actual events may differ materially from those projected in any forward-looking statement. There are a number of important factors involving risks and uncertainties beyond the control of the Company that could cause actual events to differ materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this press release. 

DATASOURCE: Alternate Marketing Networks, Inc.



CONTACT:  Phil Miller, Chairman and CEO of Alternate Marketing Networks,

Inc., [phone], ext. 12, or 



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

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