Shanghai Film and TV Festival Will Play Host to HD VMD; (Stand D30--International Film & TV Market); (Stand C001-C002--International Broadcasting Equipment Market)

London, United Kingdom , 2006-06-14

New Medium Enterprises, Inc. (OTCBB:NMEN) (NME) will feature their High Definition (HD) content on HD VMD at the two "markets" of the Shanghai Film Festival in China from June 18th to June 20th, 2006.

As the largest content distribution show in Asia, the Shanghai Film Festival will create new distribution opportunities through HD VMD adoption for distributors, both content and electronic, and further OEM education/production.

Indeed, NME chose to be represented at both trade fairs that happen during the Shanghai Fest: the International Film & TV Market, where HD VMD's presentation and goals will be similar to the Cannes Film Market, and the International Broadcasting Equipment Market, where NME will be able to source additional partnerships and JVs through Chinese OEM presence.

"We at NME want to replicate in Asia the same successes HD VMD has had at our two latest trade fairs: CeBIT in March and the Cannes Film Festival in May. Now, these two Chinese markets are ideal places of business where we can grow on our existing Chinese and Asian Content & Electronic Distributor, and OEM bases," quoted Alexander Bolker-Hagerty, Executive VP, Business Development.

NME welcomes all exhibitors and visitors to experience the only low-cost HD solution at their two Stands C001-002 and D30.

About New Medium Enterprises, Inc. (NME)

New Medium Enterprises, Inc. headquartered in London, UK developed and has begun manufacturing its flagship product, VMD (Versatile MultiLayer Disc), a proprietary high definition DVD which provides the world's first low-cost true High Definition solution utilizing today's red laser DVD Technology and its industrial infrastructure. The VMD platform is ideal for 1920X1080i/p High Definition format up to 40 Mb/s bitrate playback using its 20 GB - 40 GB red laser optical discs. VMD players & burners, stand alone and computer embedded, are inherently backward compatible with DVD and CD.

This is the only low-cost high-end offering to the discerning consumer comparable to contemporary DVD market prices.

For additional information about NME, please consult the Company's website at www.nmeinc.com.

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