HD VMD Shipping in U.S. - Affordable HD Disc Solution Available to Consumers

HD VMD Shipping in U.S. - Affordable HD Disc Solution Available to Consumers

HD VMD $199 Price-Point Drives Affordability into the HD Market

LAS VEGAS, Jan. 9 /PRNewswire-FirstCall/ -- New Medium Enterprises (NME) (BULLETIN BOARD: NMEN) today at International CES 2008 announced HD VMD players are shipping into the U.S. market. HD VMD is delivering maximum-HD 1080p high-quality players to consumers for a groundbreaking MSRP of $199 via PCRush.com and NMEStore.com. All orders for HD VMD players in January will come with two complementary titles, "Mother Ghost" starring James Franco and cult hit "Cutting Room."

(Photo:

http://www.newscom.com/cgi-bin/prnh/20080109/LAW078)

Shipping since December, HD VMD discs and players stand to revolutionize the high-definition disc market, providing consumers with the best possible HD experience. HD VMD's ground-breaking innovation is its patented multi-layer disc, which allows for the utilization of proven red laser technology to provide high definition, versus blue laser technology that competitors are forced to use due to disc space limitations. With only one laser (red), HD VMD players can upconvert existing DVD collections for better viewing quality, as well as play true high definition content.

"We are excited to be delivering upon our promise to deliver high quality, affordable high definition to consumers," said Alex Potter, director of U.S. operations, NME. "We remain committed to delivering great HD products and compelling content to the global consumer market."

NME also this week announced its worldwide distribution deal with SFM Entertainment for the release of rare and classic film and TV titles never before seen in HD on NME's disc format. NME HD VMD players are also currently shipping to Australia and Europe.

HD VMD combines the best industrial opto-electronics and disc technologies, bringing together established DVD red-laser production infrastructure and break-through multilayer discs technology to deliver its maximum-HD picture. HD VMD red laser multilayer disc plans include storage of up to 30 GB of content on a single side disc.

NME is a U.S. publicly listed company headquartered in London with Offices worldwide including Los Angeles.

About NME

New Medium Enterprises Inc. is listed on the OTC BB exchange in the U.S. under the symbol NMEN. NME's HD VMD drives offer the world's first affordable format in true High Definition based on current red laser technology and the existing DVD industrial infrastructure. Incorporating break-through optical storage capacity, red laser-based players, the HD VMD file format, copyright encryption, authoring tools and compression technologies, NME is providing the only high-quality and high-value offering for the consumer electronics market. For additional information about NME, please visit:

http://www.nmeinc.com/

SAFE HARBOR

The 'Press Release' contains forward-looking statements as defined by the federal securities laws which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements may discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information. However, there may be events in the future that we are not able to accurately predict or control. Forward-looking statements are only predictions that relate to future events or our future performance and are subject to substantial known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, outcomes, levels of activity, performance, developments, or achievements to be materially different from any future results, outcomes, levels of activity, performance, developments, or achievements expressed, anticipated, or implied by these forward-looking statements. As a result, we cannot guarantee future results, outcomes, levels of activity, performance, developments, or achievements, and there can be no assurance that our expectations, intentions, anticipations, beliefs, or projections will result or be achieved or accomplished. In summary, you should not place undue reliance on any forward-looking statements.

Contact:

Molly Mulloy
Zeno Group for NME
(415) 465-0561
molly.mulloy@zenogroup.com

Nick Mendoza
Zeno Group for NME
+1(310) 566-3984
nick.mendoza@zenogroup.com

First Call Analyst:
FCMN Contact:

Photo: NewsCom:

http://www.newscom.com/cgi-bin/prnh/20080109/LAW078
PRN Photo Desk, photodesk@prnewswire.com
Source: New Medium Enterprises

CONTACT: Molly Mulloy, +1-415-465-0561, molly.mulloy@zenogroup.com, or
Nick Mendoza, +1-310-566-3984, nick.mendoza@zenogroup.com, both of Zeno Group
for NME

Web site:

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