Reeltime Rentals Announces Launch Date of New Website


SEATTLE, March 24, 2005 (PRIMEZONE) -- Reeltime Rentals, Inc., (Pink Sheets:RLTR) today announced the Company's plans to launch a new and revised website on April 5, 2005 that will include several additional features as well as the new Company logo.

The new site will be released in preparation for ReelTime's Rental-on-Demand service Open Demonstration, which is scheduled for April 7th.

Alex Stanczyk, Chief Executive Officer of ReelTime, commented, "The website will represent the new look of ReelTime and allow those who visit the site to see the features that will be available to our subscribers in the near future. Cypress Consulting has done an outstanding job ensuring that the new website will reflect the energy and innovation behind ReelTime's revolutionary delivery system."

According to Cypress Consulting's Principal Nate Thompson, "This site launch is focused on allowing users to see ReelTime's new branding and the overall structure of the website, which will support the company's growing business. Users will see the direction we're taking the new site and the features that will be brought online for the full site launch in the future. We are excited about this launch, and showcasing the upcoming Open Demonstration."

About Reeltime Rentals, Inc.

Headquartered in Bellevue, Washington, Reeltime Rentals' mission is to deliver diverse media content to consumers over its specialized network enabling them to view the media content that they choose, whenever they would like to see it. The Company's cutting-edge technology called Intelligent Rapid Delivery System (IRDS) streams full-screen media content directly to consumers, while implementing security measures to combat the threat of piracy. Subscribing customers of ReelTime's service will have access to an extensive library of quality full-screen movies and other programming without the hassles of going to the video store or mailbox, nor the added expense of late fees.

For more information on Reeltime Rentals, Inc. you may visit our web site at www.reeltimetv.net.

For more information on Cypress Consulting, you may visit their web site at www.cypressconsulting.net.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Reeltime Rentals Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Reeltime Rentals Inc or any other person that the objective and plans of Reeltime Rentals will be achieved.


            

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