Theater Xtreme Entertainment Group, Inc. Common Stock Now Publicly Traded

Theater Xtreme Entertainment Group, Inc. Common Stock Now Publicly Traded

NEWARK, Del., July 6 /PRNewswire-FirstCall/ -- Theater Xtreme Entertainment Group, Inc. (the "Company"), a Newark, DE-based retailer and franchisor of home cinema design and installation centers, is pleased to announce that the Company's common stock is now quoted for trading under the symbol TXEG (OTC Bulletin Board).

The Company's design centers focus on the sale and installation of affordable, large screen, front projection, in-home cinema rooms comprised of video and audio home theater components. A majority of the Company's home theater systems are installed on-site at customer homes, with screen sizes ranging from 80 inches to over 12 feet. The Company also sells many of its products under its own brand names, including Row One(R) theater seating, WideView(TM) screens, TX Unimount(TM) projector mounts, Contectx(TM) cables, and its digital theater management system called OneView(TM). The Company targets a larger consumer base and lower retail price points than traditional custom home theater companies do; moreover, the Company presents its products in a store setting where customers can pleasurably encounter the complete home theater experience in several different home settings.

The Company's first retail store or "design center" opened on September 1, 2003 in Newark, Delaware and was built to resemble an actual movie theater. The Company currently owns and operates design centers in Newark, Delaware, Wilmington, Delaware, Bel Air, Maryland, and Leesport, Pennsylvania. The Company has also sold 19 franchise territories, with franchise stores currently open in Springfield, Massachusetts, Auburn Hills, Michigan, Pittsburgh, Pennsylvania, Boise, Idaho, and Berwyn, Pennsylvania.

"Theater Xtreme is the first retailer to focus on bringing affordable real movie theaters to the homes of a larger marketplace on a national basis. The Company's unique shopping experience and marketing strategy combined with a great management team is what motivated us to become involved with their growth," said Michael Queen, CEO of Universal Capital Management, Inc. (BULLETIN BOARD: UCMT) , a public venture capital company which has assisted Theater Xtreme in its expansion to date.

About Theater Xtreme - Theater Xtreme Entertainment Group, Inc. (BULLETIN BOARD: TXEG) designs, sells, and installs affordable, large-format, front projection home cinemas. Its home cinema packages feature OneView(TM), a media controller that combines on-screen movies, music, photos, games, and Internet access with the touch of a button. The Company focuses on middle-income consumers in the home entertainment marketplace, emphasizing value and performance across its line of home cinema audio, video, furnishings, and accessories.

Safe Harbor Statement - Some of the information presented in this press release constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent the Company's judgment regarding future events, and are based on currently available information. Although the Company believes it has a reasonable basis for these forward-looking statements, the Company cannot guarantee their accuracy and actual results may differ materially from those the Company anticipated due to a number of known and unknown uncertainties, of which the Company is not aware. Factors which could cause actual results to differ from expectations include, among others, the ability of the Company to sell franchises, success of the franchise stores, location of stores, delay or loss of key products from vendors, disruption of product delivery from overseas suppliers, changes in regard to significant customers or suppliers, increased competition from companies with more expertise, experience, or financial resources, technological improvements in the home theater market which may render the Company's offerings obsolete, less competitive, or too expensive, material reduction in the demand for home theaters, and lack of sufficient capital to allow the Company to achieve its strategic objectives. For additional information concerning these and other important factors that may cause the Company's actual results to differ materially from expectations and underlying assumptions, please refer to the reports filed by the Company with the Securities and Exchange Commission which are available at http://www.sec.gov/.

CONTACT:
Justin Schakelman or Jim Vincenzo
Theater Xtreme Entertainment Group, Inc.
+1 302-455-1334
Email: justin@theaterxtreme.com, jvincenzo@theaterxtreme.com
Web site: http://www.theaterxtreme.com/

Source: Theater Xtreme Entertainment Group, Inc.

CONTACT: Justin Schakelman, justin@theaterxtreme.com, or Jim Vincenzo,
jvincenzo@theaterxtreme.com, both of Theater Xtreme Entertainment Group, Inc.,
+1-302-455-1334

Web site: http://www.theaterxtreme.com/

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