Magic Lantern Group Receives $1.5 Million Financing From Laurus Funds

Name	Symbol	Market	Type
Spdr S&P Emerging Latin America Etf	AMEX:GML	AMEX	Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	52.3557				0	00:00:00

Spdr S&P Emerging Latin America Etf (AMEX:GML)
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Magic Lantern Group Receives $1.5 Million Financing From Laurus Funds NEW YORK, May 4 /PRNewswire-FirstCall/ -- Magic Lantern Group, Inc. , a leading North American distributor of educational content and e- learning delivery systems with operations in Canada and the U.S., announced today that the Company has received $1.5 million in financing from Laurus Master Funds, Ltd., ("Laurus Funds"), a New York City-based institutional fund that specializes in providing financing to growing, small and micro- capitalization companies. Magic Lantern Group President and CEO Bob Goddard stated, "By aligning with Laurus Funds, one of the leading institutional funding sources on Wall Street, Magic Lantern Group is now positioned to fuel its exciting growth initiatives. Proceeds of this financing will be used to pursue potential mergers and/or acquisitions with companies that can prove to be accretive to earnings as well as provide operational and marketing synergies to further our global distribution of digital content delivery." About Magic Lantern Group, Inc. Magic Lantern Group, Inc. is a leading, global distributor of learning videos serving more than 10,000 schools, libraries and social agencies in North American and international markets. With 40,000 programs from 300 world- renowned producers including Disney Educational Media, Schlessinger, Annenberg/CPB and Dorling Kindersley, the Company's educational products include: Magic Lantern InSite(TM), a digital streaming video product for schools, libraries and universities and TutorBuddy(TM), an at-home e-learning product for students and teachers. Leveraging its position as one of the most highly respected brands in video educational delivery, the Company is pursuing multiple sales verticals to maximize total revenues. Magic Lantern Group operates three complementary subsidiaries: Magic Lantern Communications, a global distributor of video content to schools, universities and libraries; Magic Vision Digital Media, Inc., an emerging provider of on-demand sports entertainment, health and business digitized content; and Sonoptic Technologies, a leading provider of online, next-generation digital technology solutions. For more information, visit the Company's websites: http://www.magiclanterngroup.com/, http://www.tutorbuddy.com/, and http://www.magiclanterninsite.com/. For more information: For investor relations, contact Gary Geraci, National Financial Network, 781-444-6100 ext. 629, email: . Also visit http://www.magiclantern.ca/. At the Company, contact Bob Goddard, Magic Lantern Group, Inc., 905-827-2755 ext. 454, . This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "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 which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. 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: Magic Lantern Group, Inc. CONTACT: Gary Geraci, National Financial Network, +1-781-444-6100 ext. 629, ; or Bob Goddard, Magic Lantern Group, Inc., +1-905-827-2755 ext. 454, Web site: http://www.magiclanterngroup.com/

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GML Spdr S&P Emerging Latin America Etf