EMXC States Dividend Schedule to Shareholders of Record March 14, 2003 and March 7, 2005

EMXC States Dividend Schedule to Shareholders of Record March 14, 2003 and March 7, 2005

SPRINGFIELD, Tenn., March 3 /PRNewswire-FirstCall/ -- eMax Holdings Corporation, Inc. (Pink Sheets: EMXC) is pleased to announce the payment of two dividends, to EMXC shareholders of record, March 7, 2005 and March 14, 2003. With the two merger transactions into Freedom Entertainment completed (now eMax Alive Worldwide, Inc.), the long-term shareholders of eMax Holdings Corporation will receive two stock dividends in eMax Alive.

As originally stated and as of the record date of March 14, 2003, the first dividend is being paid to those shareholders that held shares in eMax at that time. Initially stated the eMax shareholders will receive approximately 3.1 million shares in the form of a stock dividend. Each shareholder at that date will receive one share of the new company's stock for every 10 shares of eMax they hold as of the record date, March 14, 2003.

The second stock dividend in eMax Alive Worldwide, Inc. is to be paid to current EMXC shareholders of record as of March 7, 2005. The resulting dividend rate is one eMax Alive Worldwide, Inc. share for every three EMXC shares held. EMXC shareholders' total position will represent about 26% of the total outstanding shares of in eMax Alive Worldwide Inc. The last date to acquire shares to be included for this second dividend is Thursday March 3, 2005.

Shareholders should also be aware that eMax Holdings Corporation is preparing for: 1) the issuance of the eMax Alive Worldwide, Inc shares to be been paid as stock dividends, 2) filing the necessary documents with the SEC and applying for trading status on the OTC Bulletin Board and 3) applying for a stock trading symbol. The company expects a period of 6 to 9 months for this to be completed. The company will announce any additional information to keep shareholders informed as to the trading status for the eMax Alive Worldwide, Inc. shares.

About eMax Alive Worldwide, Inc.

eMax Alive Worldwide, Inc. is comprised of three technology driven divisions eMax Music, eMax Studios, and eMax TV Group. These divisions are dedicated to the redefinition of the artists' role in the entertainment industry. eMax Alive will accomplish its goals through cooperative acquisition, development, publishing, distribution and broadcast of quality audio and video entertainment. eMax Alive Worldwide, Inc. also operates a family based Internet Service Provider with more than 30,000 access numbers nationwide. Visit the eMax ISP website at http://www.emaxalive.com/ .

About eMax Holdings Corporation

eMax Holdings Corp is a diversified holding company investing in Multimedia, Entertainment, and Real Estate companies through two corporations. eMax offers high quality, technology driven products and services focused in the areas of Pre-Recorded Music, Outdoor Sports & Specialty Events, Feature Film and TV Production, Merchandising and Real Estate Development.

CONTACT: eMax
Roxanna Weber 615-382-8565 - http://www.emaxcorp.com/ or
info@emaxcorp.com

Investor Relations:
Michael R. Reynolds (866) 868-3629 emax@preferredinvestor.com or
http://www.preferredinvestor.com/

Broker Contacts:
Kimber Peterson of CPR, Inc. (866) 889-3629
http://www.brokerelations.com/ or EMXC@BrokerElations.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.

Source: eMax Holdings Corporation, Inc.

CONTACT: Roxanna Weber, +1-615-382-8565 or info@emaxcorp.com; or
Investors: Michael R. Reynolds, +1-866-868-3629 emax@preferredinvestor.com,
both of eMax or; Broker Contacts: Kimber Peterson of CPR, Inc.,
+1-866-889-3629, or EMXC@BrokerElations.com, for eMax

Web site: http://www.emaxcorp.com/
http://www.emaxalive.com/

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