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Magic Lantern Group CEO Featured on MacReport.net NEW YORK, Sept. 10 /PRNewswire-FirstCall/ -- Magic Lantern Group, Inc. (AMEX:GML), (http://www.magiclanterngroup.com/), a leading international distributor of educational content and third-generation, digital content and e-delivery solutions, announced today that Company CEO Bob Goddard was interviewed by the MacReport.net. To access the interview, interested parties should visit http://www.macreport.net/featured/GML/company.asp and choose "Audio Update 8/26/04" or see http://www.nfnonline.com/gml. Goddard discusses the Company's focus on penetrating new sales verticals that leverage the power of its digital video streaming and indexing technology. Over the past 60 days, the Company has embarked upon marketing its technology applications through its newly formed division Magic Vision Digital Media (MVDM). MVDM is pioneering the concept of "Google-ized" videos in areas traditionally unexplored by video streaming and indexing, such as business education and training, health and medical, and sports and entertainment. Goddard stated that the Company is "very actively engaged with several professional sporting teams interested in adding sales verticals" to their broadcasting capabilities, including subscription based, re-broadcasting of games. The Company sees MVDM as one of the major driving forces of its anticipated growth moving forward. About The MacReport.Net, Inc. The MacReport.Net is an information and media company that provides a Web- based forum for public and private issuers to communicate corporate audio and video news content to the business, financial and investing community through its Web site, located at http://www.macreport.net/. The MacReport.Net also provides a hassle free, month to month client care program which depending upon the service package may include unlimited press releases, email direct marketing, a feature rich communications platform and web hosting, networking and consulting solutions. The company further plans to provide creative and production services to develop visual events ranging from live coverage of merger announcements to public relations campaigns to new product introductions. 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 Cerebellum Corporation, monterey media and CTV Television, 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. Contact Information: For Investor Relations, contact Gary Geraci, National Financial Network, 781-444-6100 ext. 629, email: and visit: http://www.nfnonline.com/gml/. At the Company, contact Lorraine Villa, Executive Assistant to the CEO, , 800-263-1717 ext.2450. The MacReport.net has received three thousand dollars as compensation from a third party, National Financial Communications Corp., for the MacReport profile. Statements included within the MacReport.net site that are not historical in nature constitute forward-looking statements for the purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Users of our site are cautioned that any information on this contains certain such forward-looking statements that involve substantial risks and uncertainties. When used, the words "anticipate," "believe," "estimate," "expect," and similar expressions as they relate to any company or its management are intended to identify such forward-looking statements. Each company's actual results, performance or achievements could differ materially from the results expressed in, or implied by, these forward looking statements. Further management discussion of risks and uncertainties can be found in each company's quarterly filing with the Securities Exchange Commission and other periodic filings. 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 of National Financial Network, +1-781-444-6100 ext. 629, ; or Lorraine Villa, Executive Assistant to the CEO of Magic Lantern, +1-800-263-1717 ext.2450, Web site: http://www.magiclantern.ca/

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