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PrimEdge's Subsidiary, Orangebox Entertainment, Completes Work on Sci-Fi Channel's "Ghost Voyage" Original Movie

BOCA RATON, FL, Oct 24, 2007 (MARKET WIRE via COMTEX News Network) --

PrimEdge, Inc. (PINKSHEETS: PEDI) announced today that its subsidiary, Orangebox Entertainment, Inc., has completed the full audio post production work for the Sci-Fi Channel's "Ghost Voyage." The Sci-Fi Channel is carried in the U.S., the United Kingdom, Germany, France, Spain, Australia, and Latin America.

This Sci-Fi Channel original movie tells the tale of how a group of recently deceased sinners, instead of going straight to hell, find themselves trapped aboard a ghostly ship that offers them one more chance to redeem themselves before eternal damnation.

Brian Schuster, Chairman and CEO of PrimEdge, stated, "We continue to increase the professional scope and the frequency of the projects we perform for the Sci-Fi Channel, and are excited every time we do for them a full audio post production package, especially for an original movie." He added, "Original movies shot for major cable network distribution and subsequent DVD release are a rapidly growing business that we believe we are well positioned and equipped to take advantage of."

About Orangebox Entertainment, Inc.

Orangebox Entertainment (http://www.orangeboxentertainment.com), located in Burbank, California, is a unique service provider to the entertainment Industry, providing state-of-the-art audio and video Production and Post Production capabilities and increasingly motion picture and TV film editing capabilities. These capabilities address and fulfill the constantly increasing needs for Film, TV, Home Entertainment, Children and Educational Programming, Industrial Media, Promos, Commercials, and Music. Orangebox Entertainment intends to become the "next generation provider'' of digital production services for the entertainment industry.

About PrimEdge, Inc.

PrimEdge, Inc. is a diversified holding company, owning and overseeing the operations of two majority owned subsidiaries, Orangebox Entertainment, Inc., a production and post production services provider to the entertainment industry, and Prime Media, Inc., a producer and distributor of family entertainment DVDs. PrimEdge, Inc. seeks rapid growth through additional acquisitions and the sales and marketing by its subsidiaries of proprietary products and services.

Safe Harbor Statement

Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.

Contact: PrimEdge, Inc. Press Relations (561) 447-7977

SOURCE: PrimEdge, Inc.

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