226 Records, Inc. Changes Name to 226 Music Group, Inc.

DALLAS, TX. (226 Music Group, Inc.) - 226 Music Group, Inc. (Pink Sheets:TTMG) announced that on May 31, 2005 the company changed its name from 226 Records, Inc. to the new name of 226 Music Group, Inc. and the symbol subsequently changed from (Pink Sheets:TTWY) to the new symbol (Pink Sheets:TTMG). 226 has now added a management division and internet technology division to the existing infrastructure with the intent of creating additional revenue streams for the company.

"When 226 Records began, we were just a record label selling CDs," states president/CEO Paul Bassman. "226 has grown to be so much more that we felt the name change to 226 Music Group would better reflect those changes and the direction the company is headed."

About the record business in North America
According to the RIAA in 2003, the US record industry sold over 11 billion in CDs. Rock music accounts for over 25% of sales, far and away the largest segment of recorded music market. In 2004 Independent labels, according to Billboard Magazine, accounted for 15.8 percent of current CD sales up from 14.3 percent in 2003.

About 226 Music Group, Inc.
226 Music Group, Inc. is a multi-faceted entertainment company encompassing a traditional independent record label, artist management company and on-line division providing music and entertainment over the Internet. 226 Records is an independent record label that produces, licenses, acquires, promotes and distributes high quality recorded music for a variety of formats.
226 Music Group specializes in developing, utilizing and marketing technology systems to deliver music in a digital format to the end consumer in an expeditious and cost effective manner. These two divisions of 226 will be integrated to accommodate the rapidly changing methods of promoting and delivering music for the consumer market.