eMax Holdings Corporation Appoints Michael Smith to Board of Directors


ORLANDO, Fla., Aug. 31, 2004 (PRIMEZONE) -- eMax Holdings Corporation (Pink Sheets:EMXC), announced today that it has appointed Michael Smith to their Board of Directors. Mr. Smith has 30 years experience in finance, sales, marketing, personnel management, radio and television. His entrepreneurial expertise is reflected in past ventures as a manager and business owner. Mike is a natural leader with concise recruiting and training abilities. He is also a contributing author for the New York Times bestseller, Masters of Networking.

From 1994 to 1999 Mike worked with Business Network International in the St. Louis Metropolitan and Southern Illinois regions; and in San Francisco, California and Tampa, Florida; as well as in Canada.

For three years Mike was the co-host of a nationally syndicated Saturday evening radio show on WDBO 580 AM, "Vacation Time with Mary Biddle". Its concept discussed renting luxury resorts from owners to experience vacation ownership prior to resort purchasing.

Today, Mike is the President/CEO of Vacation Time International, Inc. in Orlando, Florida, which is a company dedicated to assisting vacation property owners who want to offset their expenses when their properties are not in use. Their online site, vacationtimerentals.com offers an affordable way for users to experience their dream vacation. Travel and entertainment accommodations such as airlines, rental cars and cruise arrangements can be selected by using their online booking engine, www.vactimetravel.com.

About eMax Holdings Corporation

eMax Holdings Corp. is a holding company that strategically invests in the multimedia and family entertainment industry. Its content is distributed through two subsidiary corporations: eMax Realty Group, Inc. and eMAX Alive, Inc. which operate the three divisions: eMax Music, eMax Studios, and eMax TV Group. eMax Holdings Corporation also has an equity interest in Freedom Entertainment International, Inc. which includes the subsidiary Freedom Entertainment Canada, Inc. These diverse operating areas offer high quality, technology-driven products and services focused in the areas of pre-recorded music; outdoor sports; special events; motor sport related sales and accessories; feature film and TV production and distribution; and the acquisition and development of real estate.

Investors can also find current corporate updates and developments at http://www.emaxcorp.com.

This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.



            

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