RMD Entertainment in Negotiations to Enter Into Landmark Distribution Deal With the Pickwick Group Ltd.

PHILADELPHIA, PA (RMD Entertainment Group) - RMD Entertainment Group (PINKSHEETS: RMDG) proudly announced today that it is in negotiations to enter into a massive distribution arrangement with London's Pickwick Group Ltd. The Pickwick Group currently distributes all of RMD's content overseas and until this point that was the extent of the relationship. Recognizing that RMD is becoming an entertainment-content giant in the states, the Pickwick Group has agreed to let RMD take their entire content library and distribute it exclusively in North America through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal).

Up until this point, the two companies had only discussed the possibility of RMD distributing the famed Pickwick library in digital format; however, with RMD's recent successes offline, the Pickwick executives decided to pursue discussions that will give RMD full authority to distribute their multi-million dollar catalog digitally and at brick and mortar locations. The Pickwick Group's foundation was built with quality music and has been unstoppable over the years as a result of their wildly popular Hallmark label; however, that was only the beginning as their content library is now deeply fortified with film and television content as well.

RMD CEO Giorgio Costonis commented, "It is more than an honor to be given a chance at an opportunity of this magnitude. Whenever RMD is recognized for the amazing progress we've made it is reaffirming; however, to be recognized by a pioneer like the Pickwick Group, it is awe-inspiring." Costonis added, "Once this deal is signed, which I believe will happen shortly, Pickwick will be entrusting RMD with a great responsibility and we will accept nothing short of success with the opportunity. We are eager to get started and know that the great people of North America will be the perfect audience for Pickwick's incredible library."

Management also said there would be a press release shortly to announce the signing of the agreement as well once negotiations were completed.