5W Public Relations Named Agency of Record for Mega Media Group

5W Public Relations Named Agency of Record for Mega Media Group

Russian and Mainstream Entertainment Group Taps 5W Public Relations for Strategic Media and Investor Relations Program

NEW YORK, Aug. 18 /PRNewswire/ -- 5W Public Relations, the nation's fastest growing PR firm for the past two years, announced today the signing of Mega Media Group (www.megamediagroup.com), a Russian and mainstream entertainment media company for public and investor relations.

In addition Mega Media Group, Inc. and EduLink, Inc. (PK: MYIQ) also announced that on August 11th a definitive share exchange agreement was reached in which EduLink, Inc. acquired all the outstanding shares of common stock of Mega Media Group, Inc. in exchange for the issuance to the shareholders of Mega Media Group, Inc. upon the increase in the authorized shares of common stock OF Edulink, Inc., of a total number of shares of EduLink common stock which equates to 90% of EduLink's issued and outstanding shares of common stock upon completion of the transaction.

Upon the issuance of the Edulink shares set forth above, Mega Media Group, Inc. will become a wholly-owned subsidiary of EduLink.

Mega Media Group's holdings offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production, radio broadcasting, and Russian ethnic programming, including Radio VSE, the most listened to Russian radio station outside of Russia and New York's 88.7 FM. With the explosion of the Russian American marketplace over the last decade, Mega Media Group's expertise in that space has made them the leader in helping corporate America reach this market.

"We are excited to be working with Mega Media Group to both implement a comprehensive financial communications strategy as well as an aggressive media strategy designed to both elevate the company corporate profile," said Ronn Torossian, President & CEO, 5W Public Relations. "Our tremendous experience in both the entertainment and niche marketing community makes this an ideal account for the firm."

Commenting on the announcement, Alex Shvarts, Chief Executive Officer of Mega Media Group, Inc., "5W's aggressive media and investor relations strategies will be of tremendous value as we look to grow our company and its subsidiaries. We are confident that they have the know how to get our company in front of decision makers in both the marketing and investment community.

ABOUT 5W PUBLIC RELATIONS

Headquartered in New York, with an office in Los Angeles, 5W Public Relations (www.5wpr.com), the nation's fastest growing independent PR firm for 2005 & 2004, maintains practice areas specializing in technology, corporate, consumer, entertainment, crisis communications, Investor Relations, event management and public affairs. Described by a leading PR trade magazine as "aggressive in a way that clearly resonates with clients looking for a firm staffed with type A-plus personalities, a BS-free approach, and results from Day One," 5W's culture is aggressive, energetic, fast-paced and focused. The Company boasts a diversified client roster second to none, including: Fortune 500 mainstay EDS, Evian Natural Spring Water, NICE Systems, VeriSign, McDonald's Corporation, Restaurant Associates/Patina, the nation's largest multi-concept restaurant group, The HealthCentral Network, 530 store retail chain United Retail Group/Avenue Stores, Seagram's Coolers, Benny Hinn Ministries, The Pritikin Longevity Center & Spa, Lassie, the world's most famous dog, celebrities including NBA Star Jalen Rose, Lil' Kim, Ice Cube, Nick Cannon and producer Scott Storch, a plethora of publicly traded technology companies, and a variety of other global interests, national corporations, high-profile individuals, regional businesses, government agencies and academic institutions. The agency was named "Boutique Agency of The Year" by a leading PR Trade Magazine.

Contact:

Neil Steinberg - PR
5W Public Relations
212.999.5585 x 209
nsteinberg@5wpr.com

Mark Cohen - IR
5W Public Relations
212.999.5585 x 244
mcohen@5wpr.com

Source: 5W Public Relations

CONTACT: Neil Steinberg - PR 5W Public Relations, +1-212-999-5585 ext.
209, nsteinberg@5wpr.com, or Mark Cohen - IR 5W Public Relations,
+1-212-999-5585 ext. 244, mcohen@5wpr.com

Web site: http://www.5wpr.com/
http://www.megamediagroup.com/

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