Alternate Marketing Networks Sets Annual Meeting Date and Reports on 2004 Financial Results

Alternate Marketing Networks Sets Annual Meeting Date and Reports
on 2004 Financial Results 


HUDSONVILLE, Mich., March 31  /PRNewswire-FirstCall/ -- Alternate Marketing
Networks, Inc. (Pink Sheets: ALTM) has scheduled its annual meeting for July
14, 2005 at its Hudsonville, Michigan office.  The Company reported a net
profit of $765,647 on sales of $27,027,160 for the fiscal year ending December
31, 2004.  The unaudited financial 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, and does not currently plan to produce audited
financial statements or an annual report to the shareholders or to solicit
proxies for the meeting.  The Company currently has 8,279,501 shares issued and
outstanding.

The Company noted that it performed better than expected due to debt
forgiveness related to settlements in the Company's former Hencie subsidiary,
and an unexpected increase in automotive advertising in the second half of the
year.  In addition, the Company realized savings of over $300,000 as compared
to the previous year in expenses related to public company reporting
requirements, due to its non-reporting status.

The Company's sole subsidiary, National Home Delivery, Inc., dba U.S. Suburban
Press (USSPI), continues to provide newspaper solutions to national advertisers
in the United States.

  Alternate Marketing Networks, Inc., and Subsidiary
  Selected Financial Data

                                          Twelve months ended December 31,
                                                     (unaudited)
                                                 2004          2003

  Net Sales                                   $27,027       $19,131
  Income (loss) from operations                  $704         $(211)
  Discontinued operations                         $ -       $(4,172)
  Net income (loss)                              $766       $(6,561)

  Weighted average shares                   8,989,022     9,773,899

  Basic earnings (loss) per share               $0.09        $(0.67)


DATASOURCE: Alternate Marketing Networks, Inc.



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

Inc., [phone], ext. 12,  



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

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