BEIJING, Nov. 4 /PRNewswire-FirstCall/ - RMD Entertainment Group (www.rmdmgroup.com), enters serious discussions with a UK based public company trading on the Frankfurt Xetra exchange to acquire its TiDi Gaming division. The company is of the opinion that this is a material event that needs to be news released instead of completing filing on Pink Sheets.

According to the report of American Gaming Association nationwide gross gaming revenues were at $32.54 billion for the year 2009. However, the commercial casino industry is one of the most regulated, monitored and taxed industries in the United States, and provides a substantial portion of tax revenues (from 6.75 % of gross gaming revenue to up to 55 percent). For reports on American Gaming industry please visit the following two unauthorized links:

http://www.americangaming.org/assets/files/uploads/aga_sos2009web_FINAL.pdf

http://www.americangaming.org/assets/files/AGA_Facts_Web.pdf

These facts have been one of the determinant causes of RMDM's decision to sell TiDi Gaming. Mr. Winters, RMDM Corporate Advisor and Secretary, said, "This investor expressed deep interest in purchasing the company on cash and stock basis. We are forecasting a smooth transaction and a relatively quick closing. We are looking to establish the highest value for the sale of this asset which hopefully the markets will acknowledge and begin to reflect in our battered share price.

Moving forward, RMDM will focus on its China-based Innotrek Technology subsidiary and on the upcoming merger with the USA based alcohol manufacturer. Management carefully prepared and scrutinized this turn of events, and sees the sale of TiDi as new opportunities for RMDM's growth. With RMDM's recently announced no dilution and no recapitalization policy, the management is very optimistic on the future growth of RMDM."

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Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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SOURCE RMD Entertainment Group