Alternate Marketing Networks Sets Annual Meeting Date and Reports on 2007 Financial Results

Alternate Marketing Networks Sets Annual Meeting Date and Reports on 2007 Financial Results

HUDSONVILLE, Mich., March 18 /PRNewswire-FirstCall/ -- Alternate Marketing Networks, Inc. (Pink Sheets: ALTM) has scheduled its annual meeting for June 10, 2008 at its Schaumburg office located at 428 E. State Parkway, Schaumburg, Illinois 60173. The Company reported a net profit of $882,233 on gross sales of $27,204,534 for its fiscal year ending December 31, 2007. The unaudited financial statements were prepared by management. Alternate Marketing Networks became a non-reporting company pursuant to a Form 15 filed with the Securities and Exchange Commission effective January 2, 2004 and does not currently plan to produce audited financial statements or an annual report to the shareholders or to solicit proxies for the meeting. The Company currently has 8,046,656 shares issued and outstanding.

The Company noted that it has expanded its interactive site, www.dailyshowtimes.com (DST) from several local markets to a national market. DST provides local movie times, descriptions, and theater locations. DST is supported through an affiliate network of suburban newspapers.

The Company's sole operating subsidiary, National Home Delivery, Inc., through its three divisions U.S. Suburban Press (USSPI), Custom Media Solutions (CMS) and Specialty Media Solutions (SMS), provides newspaper solutions to national advertisers in the United States.

Alternate Marketing Networks, Inc.
4675 - 32nd Avenue
Hudsonville, MI 49426

Alternate Marketing Networks, Inc., and Subsidiary
Selected Financial Data
(in thousands)
Twelve months ended December 31,
(unaudited)

2007 2006 2005

Net Sales $27,205 $31,952 $27,897
Income from operations $818 $1,715 $706
Extraordinary items $(17) $0 $(5)
Net income $882 $1,701 $728

Weighted average
shares-diluted 8,060,417 8,029,906 8,279,219

Diluted earnings
per share $0.11 $0.21 $0.09

Statements in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. The forward- looking statements can generally be identified by words such as "believes," "anticipates," "expects" or words of similar meaning. Forward-looking statements also include statements relating to the Company's future performance, such as future prospects, revenues, profits and cash flows. The forward-looking statements are subject to risks and uncertainties, which may cause actual results to be materially different from any future performance suggested in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward- looking statements.

First Call Analyst:
FCMN Contact:

Source: Alternate Marketing Networks, Inc.

CONTACT: Phil Miller, Chairman and CEO, of Alternate Marketing Networks,
Inc., +1-616-662-6420, ext. 12, pmiller@altmarknet.com

Web site:

http://www.dailyshowtimes.com/

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