CMG Signs Letter of Intent to Acquire Blue Horizon Concepts - Seite 2

With these two businesses, CMG's Communications Infrastructure group will be on track to generate pro forma revenues north of $10 million in 2014, with the potential for 50%-100% annual top line growth for the next few years. E&E is currently responding to a tower contract in Mississippi that encompasses 1600 units of work and a total of $10.4 million of business, with similar contracts available in neighboring states. Further, active cable contracts in the Midwest have the potential to generate upwards of $100 million of backlog for E&E, as evidenced by similar sized awards to other incumbents supporting a leading cable MSO in the region. Further, based on E&E's security clearance and history of work for the federal government, we believe E&E can play a critical role in the deployment of FirstNet (First Responder Network Authority - www. http://firstnet.gov), the US Government's emergency communications network currently being built nationwide with funding currently targeted at over $7 billion.

Glenn Laken, CEO of CMG Holdings Group, commented on the opportunities facing the organization: "We continue to be in various stages of discussions, negotiations and due diligence on several companies in the communications services, communications infrastructure, value-added services, and cyber-security markets that together represent a foundation off which we intend to build a substantially larger company focused on cyber infrastructure. We are currently circling capital from institutional investors and intend to close a number of transactions over the next several months, with a goal of putting CMG onto firmer footing as a self-sufficient company. We aspire to become a leading player in the high growth markets for secure communications, connectivity and networking with anchor tenants in government, telco and enterprise markets."

Safe Harbor Statement:

CMGO cautions that statements made in press releases constitute forward-looking statements, and make no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.