Multimedia Tutorial Addresses Recent Stock Symbol Change

Multimedia Tutorial Addresses Recent Stock Symbol Change

BROOKLYN, N.Y., Dec. 10 /PRNewswire-FirstCall/ -- Multimedia Tutorial Services, Inc. (OTC Bulletin Board: MMTS; MMTSE), an established marketer and developer of educational products, would like to address the company's recent stock symbol change.

According to the OTCBB Issuer Filings Department of the NASD, the company's accounting firm's application for registration with the Public Company Accounting Oversight Board (the "Board") was incomplete at the time of the company's 10-K filing for 2003. This registration requirement came into effect in January 2004 under Section 102 of the Sarbanes-Oxley Act of 2002. The company's accounting firm is working diligently to resolve and address this issue.

The company's 10-K was timely filed with the SEC on June 1, 2004. The company assures the investment community that neither the company's 10-K nor any other compliance issues are the cause of the symbol change.

Forward-Looking Statements

Some paragraphs of this news release, particularly those describing Multimedia's strategies and business plans, contain forward-looking statements within the meaning of Section 27A of the Securities of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Multimedia is working to achieve those goals, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in marketing their products and services, need for capital, competition from other companies and other factors, any of which could have an adverse effect on the business plans of the subsidiary companies of Multimedia, its reputation in the industry or its expected financial return from operations. Factors such as these could have an adverse effect on Multimedia results of operations. In light of significant uncertainties inherent in forward-looking statements included herein, the inclusion of such information should not be regarded as a representation of Multimedia or any other person that the objectives and plans of Multimedia and its subsidiaries will be achieved.


Source: Multimedia Tutorial Services, Inc.

CONTACT: Barry Reichman, CEO, +1-718-758-3807 of Multimedia Tutorial
Services, Inc.


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