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To: ernie de la fuente who wrote (19110)7/11/2001 11:56:23 AM
From: Parker Benchley  Read Replies (2) | Respond to of 19331
 
All:

You are going to love this...

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Wednesday July 11, 11:41 am Eastern Time

Press Release

SOURCE: Kaleidoscope Media Group, Inc.

Kaleidoscope Media Group Engages Overseas Communications Limited as International Consulting Firm

Company to Advise on the Acquisition of Muller Media Inc. and Further Business Development

NEW YORK, July 11 /PRNewswire/ -- Myron Hyman, President and CEO of Kaleidoscope Media Group, Inc. (OTC Bulletin Board: KMGG; Frankfurt Exchange: BNN) announced today the signing of an agreement to engage the services of Overseas Communications Limited, a general international consulting firm headed by Michael Zwebner.

Michael Zwebner will consult and assist KMGG in the previously announced proposed merger of Muller Media Inc. a subsidiary of DCI Telecom Inc., in a multi-million dollar transaction. The deal initially brokered by Michael Zwebner calls for a reverse merger/takeover of the Kaleidoscope Group.

Mr. Hyman stated: ``We have engaged the services of Michael Zwebner (currently also the chairman of Talk Visual Corporation) as special consultant to the company. Mr. Zwebner has a wealth of knowledge and expertise in the merger and acquisition aspects of the business, and we are delighted to have him advise and consult to us. Mr. Zwebner introduced us to Muller Media Group, of New York City, headed up by Bob Muller, which has been in business for over 16 years serving the movie and entertainment industry. With the advice, guidance, and consulting services of Michael Zwebner, this company is now headed in a new exciting direction. Following the normal due diligence period, this deal is expected to close around mid August.''

When used in this announcement the words ``will assist'' and ``is expected to'' and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected.

SOURCE: Kaleidoscope Media Group, Inc.

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