OBN Holdings Produces First Major Television Production


LAS VEGAS, June 22, 2004 (PRIMEZONE) -- OBN Holdings, Inc. (OTCBB:OBNH) OBN Holdings, through its wholly-owned subsidiary Eclectic Entertainment, has entered into an agreement to produce "From the Heart: The Four Tops 50th Anniversary and Celebration" which will be broadcast on the Omni Broadcasting Network in Autumn 2004. "We are delighted with this upcoming event." said Roger Neal Smith, CEO of OBN Holdings, Inc. "This is a hallmark event for Omni Broadcasting to establish the company's emerging presence in the original programming arena. In addition to the conventional advertising and sponsorship sources of revenue generation, the synergies created by our wholly-owned entities result in increased revenue from off-network sales, foreign sales, and DVD and CD sales."

From the Heart is a concert celebrating the long and distinguished career of one of Motown's brightest music legends. For five decades, The Four Tops have circled the globe, entertaining audiences of all ages. On July 28th, they will return to Detroit, the city where their career began. The group will be joined at the Detroit Opera House by some of their most well known friends to perform many of the Four Tops' memorable hits.

Eclectic Entertainment will be producing the live concert and the television special which will premiere exclusively on the Omni Broadcasting Network, a wholly owned subsidiary of OBN Holdings. Eclectic will also produce a DVD and CD of the concert, which will be released through Retro Records, another OBN Holdings subsidiary.

About OBN Holdings

OBN Holdings, Inc. is a holding company for the wholly-owned operating subsidiaries Omni Broadcasting Network, Inc.; All Sports Television Network, Inc.; Eclectic Entertainment, Inc.; Products on Demand Channel, Inc.; and Retro Records, Inc., resulting in the company covering all major facets of the entertainment industry. To view further company information and updates, visit our website located at: (www.obnholdings.com).

For the latest SEC filings or past news releases, go to the company's website at: (www.obnholdings.com) and click on the Media heading. Please direct any financial questions to Magellan Financial Media Group at (317) 867-2839.

OBN Holdings, Inc.: 8275 South Eastern Avenue, Suite 200, Las Vegas, Nevada 89123. (702) 435-0544

This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of OBN Holdings, Inc, nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

Forward-Looking Statements

This press release and other statements by OBN Holdings may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "estimate," "potential," or future/conditional verbs such as "will," "should" and "could."



            

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