Gen2Media Selected to Provide Video Production Services and Technology for Andre Agassi Foundation's 2009 Grand Slam for Children Benefit

Marks 8th Consecutive Year Gen2Media's Acclaimed Production Team Has Been Tapped to Provide Digital Video Support and Services for this Major Annual Fund Raiser


ORLANDO, Fla., Sept. 1, 2009 (GLOBE NEWSWIRE) -- Gen2Media Corporation (OTCBB:GTWO), a fully integrated digital media, technology and marketing company, today announced that for the eighth consecutive year, the Company's production team has been engaged to provide video production services and digital video technology for the Andre Agassi Foundation's 2009 Grand Slam for Children benefit concert. Hosted by tennis legend and noted philanthropist Andre Agassi and presented by Genworth Financial, the event will take place Saturday, September 26, 2009 at the Wynn Las Vegas.

Specifically, Gen2Media is tasked with capturing and producing comprehensive video coverage of arrivals and red carpet interviews with the benefit's honored guests and supporters, which will include many of sports, music and entertainment's glitterati. In addition, through the integration of 3-D imaging, 2-D compositing, editing and proprietary video playback technology developed by Gen2Media subsidiary Media Evolutions - technology widely considered as the industry's gold standard for use in live concert and stage production, the Company will create and produce custom photographic and video imagery featuring the Grand Slam's sponsors that will serve as a stunning visual backdrop to the live auction.

Since 1995, the Grand Slam has raised nearly $75 million to support a movement that is improving education for all children. Now in its 14th year, the annual event brings together international stars - from music to comedy - to build awareness and raise money for the Andre Agassi Foundation. Dedicated to transforming education, the Foundation opened the Andre Agassi College Preparatory Academy (www.agassiprep.org) in 2001; in 2009, the public charter school graduated its first senior class with 100 percent of graduates going onto higher education opportunities.

The 2009 Grand Slam for Children will feature top name talent under the musical direction of Grammy award-winning producer, arranger and composer David Foster. The concert headliners will include comedian Dane Cook; Grammy-nominated rock band Daughtry; Grammy, Country Music Association and American Music Award winner Tim McGraw; and singer, songwriter and producer Brian McKnight.

About Gen2Media Corporation

Based in Orlando, Florida, Gen2Media is a full-service digital media, technology and marketing company and owner of the world's first true end-to-end online interactive network that embodies the best of broadcast and broadband. The Company combines world class content creation and production with a cutting-edge, patent-pending Digital Video Publisher and Smart Content Management System(tm), back-end metrics and marketing expertise to achieve quantifiable results for its blue chip partners and customers; and to create rich, robust and engaging branded entertainment and infotainment for consumers both directly and through a number of blue chip channel partnerships.

Partners and customers include Microsoft Xbox, TiVo, Clear Channel, Emmis Communications, Regent Communications, Salem Communications, Foot Locker, Varsity Brands and others. Additionally, Gen2Media's acclaimed production team has handled live concert and video production for some of the most high profile entertainers and events in the world, including Mary J. Blige, Justin Timberlake, Britney Spears, The Billboard Awards Show and Live 8. For more information, please visit www.gen2media.com.

The Gen2Media Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6507

Statements made in this Press Release that are not historical or current facts are "forward-looking statements." These statements often can be identified by the use of terms such as "may," "will," "expect," "believes," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the Company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. These factors include, among others, adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, and failure to capitalize upon access to new markets. The Company disclaims any obligation to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. These factors and others are discussed in the "Management's Discussion and Analysis" section of the Company's Reports on Form 10-K for the fiscal year ended June 30, 2008 and Form 10-Q for the quarter ended March 31, 2008.


            

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