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June 12, 2002 09:05am
Private Launches PRVT.com
Source: Private Media Group Inc.
by: Company Press Release

(BARCELONA, SPAIN) -- Private Media Group Inc., a worldwide leader in premium quality adult entertainment content, products and services today announced the launch of its new corporate website, PRVT.com.

The new website offers a fresh design, easier navigation and updated company information, as well as a new financial section and an easy-to-access press room. The website's financial section provides access to stock quotes, financial and broker reports and SEC filings, while the press room includes a press release database and profiles on Private from such well-known financial publications as the Wall Street Journal Europe and Forbes.

New features include a search engine, where visitors can search press releases using key words, and an enhanced PRVT e-mail newsletter, where visitors can sign up to receive company news. Updated company information includes investment highlights, management team profiles as well as information on Private's Internet, broadcasting, DVD, video, magazine and licensed products divisions.

The premiere of the new website coincides with the release of Private's new Corporate Profile, which can be viewed at www.PRVT.com or requested by email. The website also features a corporate video, which profiles the company using cutting edge graphics and imagery.

Charles Prast, President and CEO, commented: "The launch of our new corporate website represents another step forward in our efforts to educate the public about Private as an investment. Through PRVT.com we can now show investors, financial institutions, and members of the press that we value their consideration and believe our company is worthy of their attention."

Private Media Group is a leading publicly-listed global adult entertainment company that has positioned itself in the marketplace with a dynamic management strategy that combines both New Media (Internet, broadcasting, DVDs) and Traditional Media (videos, magazines). The Company's total adult lifestyle philosophy is reflected in the broad range of products and services, both proprietary and licensed, and its strategic policies of development, diversification and acquisition.

This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgments of those issues. However, because these statements are forward-looking and apply to future events, they are subject to unpredictable circumstances, which could lead to results materially different from those anticipated by the Company.

For more information about Private Media Group, please visit the corporate web site at: www.prvt.com , or contact Andre F. Ribeiro in Spain: +34-679-983-772, andre@private.com

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