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8/04/2005

 
OBN Holdings Launches Music Video Showcase; Enters into Agreements with Sony, Warner Brothers, EMI and Universal Music Group

LAS VEGAS--(BUSINESS WIRE)--Aug. 2, 2005--OBN Holdings, Inc. (OTCBB:OBNH) today announced the launching of a new television series, "Video Music Showcase". The announcement comes in conjunction with agreements entered into with music giants Sony, Warner Brothers, EMI, and Universal Music Group.

The video music show covers a variety of music genres, and can be seen on OBNH subsidiaries Omni Broadcasting Network and POD Channel. Fans can watch up to eight hours of their favorite artists during normal broadcast hours. OBNH is currently seeking a host for what is expected to be a widely popular show.

"We're excited about the new series and our relationship with the biggest names in music and video entertainment," stated Roger Neal Smith, President and CEO of OBN Holdings, Inc. "There is currently no other video show being aired on national broadcast television. We're proud to be the first."

The show is a change in format for POD Channel, which previously focused on airing infomercials. Smith believes the new format will provide OBNH the ability to entertain viewers while continuing to sell various products during commercial spots aired during the show. A majority of the expenditures associated with airing the music videos are not required as was the case for airing infomercials. Revenue generated from airing commercial spots along with the discontinuation of costs associated with broadcasting infomercials is expected to provide a substantial increase in net revenue to the company.
In keeping with the theme of the networks, the series will not feature videos containing explicit sex, violence or language.

About OBN Holdings, Inc.
OBN Holdings, Inc. is a holding company for the wholly owned operating subsidiaries Omni Broadcasting Network, Inc.; All Sports Television Network, Inc.; Eclectic Entertainment, Inc.; POD Channel, Inc.; and Retro Records, Inc., resulting in the company covering all major facets of the entertainment industry.

For the latest SEC filings or past news releases, go to the company's web site at www.obnholdings.com and click on the Media heading. Please direct any questions to Theresia Whitfield, Director of Communications, Magellan Financial Media Group at (317) 867-2839.
OBN Holdings, Inc.: 8275 South Eastern Avenue, Suite 200, Las Vegas, Nevada 89123. (702) 435-0544

This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of OBN Holdings, Inc., nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Forward looking statements: This press release and other statements by OBN Holdings may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe", "expect", "estimate", "potential", or future/conditional verbs such as "will", "should" and "could".

Contacts
Magellan Financial Media Group
Theresia Whitfield, 317-867-2839




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