Friday January 14, 7:30 am Eastern Time    Company Press Release    Triangle Multi-Media Limited Announces New National Expansion Programming for AuctionsTelevision    PALM SPRINGS, Calif.--(ENTERTAINMENT WIRE)--Jan. 14, 2000--Triangle Multi-Media, Limited (NQB Pink Sheet   QBID) announced today the terms of its agreement with Marlin Entertainment regarding television nationwide on the   Ovation Arts Network. A copy of our arrangement is as follows: 
    -0- 
    MARLIN    ENTERTAINMENT 
    767 3RD Avenue - 14th Floor    New York, NY 10017    TELEPHONE (212) 888-5890    FAX (212) 888-5896 
    ATTENTION: Dick Weiner 
    COMPANY: Triangle Multi-Media Ltd. 
    DATE: January 13, 2000 
    FAX NO: 760-322-9707 
    NO. OF PAGES BEING TRANSMITTED: 1 (including cover) 
    SENDER'S NAME: Dina Bellina 
    ''As per our telephone conversation, this will outline the terms of our agreement. If you have any questions please feel free   to give me a call. 
    AuctionsTelevision will begin airing on Ovation-The Arts Network on Saturday January 22nd 2000 from 4am-6am, and will   continue to air every Saturday for six months...'' All times are Eastern Standard Time. 
    We will air in 95 television markets nationwide. The schedule of our top 14 TV markets, including the local cable channel   listings, is as follows: 
    -0- 
    Market Name Cable System Channel 
    New York, NY Time Warner Cable, New York City 87    RCN, New York City 58    RCN, Woodside, NY 60 
    Los Angeles, CA Time Warner Cable,    Chatsworth, CA 41    PrimeOne Tele-TV, El Monte, CA 61    Time Warner Cable,    Garden Grove, CA TBA    Cox, Orange County, CA 343    Cox, Laguna Hills, CA 343    AT&T Cable Services,    Newbury Park, CA 182    GTE Americast, Thousand Oaks, CA 86    Rossmoor Electric,    Leisure World, CA 35    Time Warner Cable,    South Pasadena, CA 39 
    Chicago, IL AT&T Cable Services,    Arlington Heights, IL 182    AT&T Cable Services, Chicago, IL 182    21st Century Cable, Chicago, IL 81 
    Philadelphia, PA Service Electric, Allentown, PA 85    Service Electric, Bethlehem, PA 85    Service Electric, Salisbury, PA 85    Service Electric, Whitehall, PA 85    San Francisco/    Oakland/San Jose, AT&T Cable Services 182    CA Chambers Cable, Novato, CA TBA 
    Boston, MA RCN 64 
    Washington, DC Cox Communications,    Fairfax County, VA 108    District Cablevision 182    Starpower Communications 40 
    Detroit, MI AT&T Cable Services,    Royal Oak, MI 182    AT&T Cable Services,    Woodhaven, MI 182 
    Atlanta, GA Intermedia Cable, Athens, GA 113    Intermedia Cable,    Gainesville, GA 112 
    Houston, TX Time Warner Cable 224 
    Seattle/Tacoma, WA AT&T Cable Services,    Seattle WA area 182    Chambers Cable, Edmonds, WA 39 
    Cleveland, OH Time Warner Cable Akron, OH 108    Time Warner Cable, Mansfield, OH 108    Time Warner Cable, Shelby, OH 108    Cable Co-op, Oberlin, OH 55 
    Tampa/St Petersburg,    Sarasota, FL Time Warner Cable, Tampa, FL 106    GTE Americast, Clearwater, FL 86 
    Minneapolis/    St Paul, MN Bresnan Cable, Brainerd, MN 101    Bresnan Cable, Marshall, MN 145 
    An update on the financial and reporting status is as follows: 
    In November 1999, QBID hired a CPA to prepare the audits. At the present time, we are awaiting the information   necessary to complete same and file Form 10K with the SEC. 
    Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe   harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking   statements involve risks and uncertainties detailed in the company's filing with the Securities and Exchange Commission. 
    Any questions should be directed to IMS, Public Relations - (888) 497-0606. 
    --------------------------------------------------------------------------------    Contact:    IMS    Public Relations, 888/497-0606   |