IMPART Media Group Obtains $6 Million Non Convertible Revolving Line of Credit

Jan 30, 2006, 00:00 ET from IMPART Media Group, Inc.

    SEATTLE, Jan. 30 /PRNewswire-FirstCall/ -- IMPART Media Group, Inc.
 (OTC Bulletin Board:   IMMG) an innovator in the content, creation and
 management of out-of-home digital advertising and information networks, today
 announced that it has obtained a three-year non convertible revolving line of
 credit for up to $6 million from Laurus Master Fund, Ltd. (Laurus Funds).  On
 January 27, 2006, the company received an initial draw of $2 million less
 certain closing fees.  The company plans to use the proceeds for ongoing
 working capital and expansion plans.
     Commenting on the financing, Joe F. Martinez, IMPART Media Group, Inc.,
 Chairman of the Board and Chief Financial Officer, stated, "This transaction
 is representative of the seminal events we deem necessary to fuel our
 aggressive expansion into the emerging out-of-home digital advertising
 sector."  Martinez continued, "We believe this transaction will enable IMPART
 to pursue key strategies to position the company and our products for
 tremendous acceptance in demographically-rich advertising venues similar to
 the airport deployments of our iPoint Networks(TM) product line."
     The financing consists of a $6,000,000 revolving debt facility at an
 interest rate of WSJ Prime plus 3.0% subject to a floor of 7% for three (3)
 years from the date of closing with no financial covenants.  In addition
 Laurus was issued 750,000 nominally priced warrants.  Laurus further agreed to
 a one year lock up on the sale of any shares acquired upon exercise of the
 warrants, as well as a limitation on the number of shares it may sell during
 each 22 trading day period to less than or equal to twenty-five percent (25%)
 of the aggregate dollar trading volume of Impart Media's common stock during
 such periods. GunnAllen Financial, a full service brokerage and investment
 banking firm, served in an advisory capacity to IMPART Media Group for this
 transaction.
 
     About IMPART Media Group, Inc.
     IMPART Media Group, Inc., headquartered in Seattle, Washington, is a
 rapidly expanding digital signage leader in the emerging out-of-home media
 sector. The company is growing through a consolidation strategy that includes
 acquiring the industries best and brightest talent and most advanced solutions
 to create a broad, integrated one-stop communications media company focused on
 digital signage and networked advertising offerings for leading brands in
 industries such as retail, grocery, banking, restaurants, hospitality,
 government and public spaces, among others. The company's digital media
 solutions enable the simultaneous delivery of video content to a variety of
 remote audiences in real time, allowing for immediate customization of
 messages through a centralized network operations center. More information
 please visit: www.impartmedia.com.
 
     This release includes projections of future results and "forward-looking
 statements" as that term is defined in Section 27A of the Securities Act of
 1933 as amended (the "Securities Act"), and Section 21E of the Securities
 Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are
 included in this release, other than statements of historical fact, are
 forward-looking statements. Although the respective management of IMPART Media
 Group, Inc. believes that the expectations reflected in these forward-looking
 statements are reasonable, they can give no assurance that such expectations
 will prove to have been correct. Important factors that could cause actual
 results to differ materially from the expectations are disclosed in this
 release, including, without limitation, in conjunction with those forward-
 looking statements contained in this release.
 
     CONTACT:
 
     PR questions: Cheryl Isen, Principal, Isen and Company
     (425) 222-0779 or Cheryl@IsenandCo.com
 
     Investor questions: Rick Lutz, LC Group
     (404) 261-1196 or LCGroup@mindspring.com
 
 

SOURCE IMPART Media Group, Inc.
    SEATTLE, Jan. 30 /PRNewswire-FirstCall/ -- IMPART Media Group, Inc.
 (OTC Bulletin Board:   IMMG) an innovator in the content, creation and
 management of out-of-home digital advertising and information networks, today
 announced that it has obtained a three-year non convertible revolving line of
 credit for up to $6 million from Laurus Master Fund, Ltd. (Laurus Funds).  On
 January 27, 2006, the company received an initial draw of $2 million less
 certain closing fees.  The company plans to use the proceeds for ongoing
 working capital and expansion plans.
     Commenting on the financing, Joe F. Martinez, IMPART Media Group, Inc.,
 Chairman of the Board and Chief Financial Officer, stated, "This transaction
 is representative of the seminal events we deem necessary to fuel our
 aggressive expansion into the emerging out-of-home digital advertising
 sector."  Martinez continued, "We believe this transaction will enable IMPART
 to pursue key strategies to position the company and our products for
 tremendous acceptance in demographically-rich advertising venues similar to
 the airport deployments of our iPoint Networks(TM) product line."
     The financing consists of a $6,000,000 revolving debt facility at an
 interest rate of WSJ Prime plus 3.0% subject to a floor of 7% for three (3)
 years from the date of closing with no financial covenants.  In addition
 Laurus was issued 750,000 nominally priced warrants.  Laurus further agreed to
 a one year lock up on the sale of any shares acquired upon exercise of the
 warrants, as well as a limitation on the number of shares it may sell during
 each 22 trading day period to less than or equal to twenty-five percent (25%)
 of the aggregate dollar trading volume of Impart Media's common stock during
 such periods. GunnAllen Financial, a full service brokerage and investment
 banking firm, served in an advisory capacity to IMPART Media Group for this
 transaction.
 
     About IMPART Media Group, Inc.
     IMPART Media Group, Inc., headquartered in Seattle, Washington, is a
 rapidly expanding digital signage leader in the emerging out-of-home media
 sector. The company is growing through a consolidation strategy that includes
 acquiring the industries best and brightest talent and most advanced solutions
 to create a broad, integrated one-stop communications media company focused on
 digital signage and networked advertising offerings for leading brands in
 industries such as retail, grocery, banking, restaurants, hospitality,
 government and public spaces, among others. The company's digital media
 solutions enable the simultaneous delivery of video content to a variety of
 remote audiences in real time, allowing for immediate customization of
 messages through a centralized network operations center. More information
 please visit: www.impartmedia.com.
 
     This release includes projections of future results and "forward-looking
 statements" as that term is defined in Section 27A of the Securities Act of
 1933 as amended (the "Securities Act"), and Section 21E of the Securities
 Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are
 included in this release, other than statements of historical fact, are
 forward-looking statements. Although the respective management of IMPART Media
 Group, Inc. believes that the expectations reflected in these forward-looking
 statements are reasonable, they can give no assurance that such expectations
 will prove to have been correct. Important factors that could cause actual
 results to differ materially from the expectations are disclosed in this
 release, including, without limitation, in conjunction with those forward-
 looking statements contained in this release.
 
     CONTACT:
 
     PR questions: Cheryl Isen, Principal, Isen and Company
     (425) 222-0779 or Cheryl@IsenandCo.com
 
     Investor questions: Rick Lutz, LC Group
     (404) 261-1196 or LCGroup@mindspring.com
 
 SOURCE  IMPART Media Group, Inc.