MVD Holdings, Inc. Announces Merger

Apr 30, 2001, 01:00 ET from NT Media Corp.

    LOS ANGELES, April 30 /PRNewswire/ -- MVD Holdings, Inc.
 (OTC Bulletin Board:   MVDI) announced today its recently completed merger with
 NT Media Corp. (http://www.ntmediacorp.com).  Under the terms of the deal,
 shareholders of NT Media Corp. exchanged 100% of their shares in the Company
 for 10,000,000 newly issued pre-split shares of MVD Holdings, Inc., which
 after the April 23, 2001 2.4 for 1 forward split became 24,000,000 shares.
 The new company will be called NT Media Corp. of California and will trade on
 the OTC Bulletin Board under the symbol NTMM.  Chris Mehringer and Dana
 O'Connor will assume the positions of CEO and President of the newly merged
 Company, respectively.  All former directors of MVD Holdings, Inc. have
 resigned.  NT Media Corp. was represented in the transaction by Beverly Hills
 and Frankfurt, Germany-based Astor Capital, Inc.
 
     About NT Media Corp. of California
     NT Media Corp. of California (OTC Bulletin Board:   NTMM)
 (http://www.ntmediacorp.com) is a diversified entertainment and media company
 based in Los Angeles.  The Company leverages its resources, properties and
 capabilities across affiliated traditional- and new-media business units in an
 effort to maximize value for shareholders, clients and partners.  The
 Company's primary operations include film and television production/finance
 division NT Entertainment, full-service management division NT Management,
 strategy consulting group NT Consulting, and Gen-Y netcaster Neurotrash.com.
 NT Media Corp.'s innovative diversification provides the Company its
 competitive advantage over the single sector entities with which it competes
 on a division level.  Through its multi-division platform, the Company
 possesses a diverse set of skills and resources.  As a result NT Media Corp.
 is able to capitalize on growth and value opportunities across the
 $250 billion per year entertainment/media and consulting spectrum.
 
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SOURCE NT Media Corp.
    LOS ANGELES, April 30 /PRNewswire/ -- MVD Holdings, Inc.
 (OTC Bulletin Board:   MVDI) announced today its recently completed merger with
 NT Media Corp. (http://www.ntmediacorp.com).  Under the terms of the deal,
 shareholders of NT Media Corp. exchanged 100% of their shares in the Company
 for 10,000,000 newly issued pre-split shares of MVD Holdings, Inc., which
 after the April 23, 2001 2.4 for 1 forward split became 24,000,000 shares.
 The new company will be called NT Media Corp. of California and will trade on
 the OTC Bulletin Board under the symbol NTMM.  Chris Mehringer and Dana
 O'Connor will assume the positions of CEO and President of the newly merged
 Company, respectively.  All former directors of MVD Holdings, Inc. have
 resigned.  NT Media Corp. was represented in the transaction by Beverly Hills
 and Frankfurt, Germany-based Astor Capital, Inc.
 
     About NT Media Corp. of California
     NT Media Corp. of California (OTC Bulletin Board:   NTMM)
 (http://www.ntmediacorp.com) is a diversified entertainment and media company
 based in Los Angeles.  The Company leverages its resources, properties and
 capabilities across affiliated traditional- and new-media business units in an
 effort to maximize value for shareholders, clients and partners.  The
 Company's primary operations include film and television production/finance
 division NT Entertainment, full-service management division NT Management,
 strategy consulting group NT Consulting, and Gen-Y netcaster Neurotrash.com.
 NT Media Corp.'s innovative diversification provides the Company its
 competitive advantage over the single sector entities with which it competes
 on a division level.  Through its multi-division platform, the Company
 possesses a diverse set of skills and resources.  As a result NT Media Corp.
 is able to capitalize on growth and value opportunities across the
 $250 billion per year entertainment/media and consulting spectrum.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X21418868
 
 SOURCE  NT Media Corp.