Triangle Multimedia Limited, Inc. Announces Plans To Create Limited Stock Buy Back Program

PALM SPRINGS, Calif., Feb 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Triangle Multi-Media Limited, Inc. (OTC: QBID) President Frank Olsen announces it is currently developing the final details of a stock buy back program. The particulars will be announced over the next several weeks.
In a separate announcement TTN has established an internal deadline to uplink a 24/7 transmission of sample programming by May 1, 2004 for preview and redistribution by cable headends and DDS companies. We are negotiating with several satellite companies to meet this deadline. As part of the TTN launch marketing strategy, our preview feed will also be redistributed to theaters and hotel conference rooms for companies supported functions to allow potential subscriber availability.

Triangle Multimedia is currently in negotiation for a business combination with a television programming company, which has many years of experience and a seasoned television management and creative staff.

Triangle Multimedia Limited Inc. uncertified share info is 15B shares authorized with 7 1/2 B shares outstanding. The company estimates 6000 existing shareholders.

Triangle Multimedia Limited, Inc. believes its shareholders are part of the company and those shareholders wishing to contact the company are asked to call Monday through Thursday 7-8 AM PST and 2-3 PM PST at 760-323-4199

Safe Harbor Statement

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; Triangle Multi-Media's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and Exchange Commission filings.

QBID Contact: 760-323-4199

SOURCE Triangle Multimedia Limited, Inc.

CONTACT: QBID, +1-760-323-4199

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