ARMAGH Group, Inc. Enters Into Definitive Agreement for Purchase of OVT, Inc. D/B/A SmartVideo.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 20, 2002

ARMAGH Group, Inc. (OTCBB:AMGH) is pleased to announce that it has entered into a definitive agreement to acquire OVT, Inc. a private company doing business as SmartVideo through an exchange of shares.

"We are very pleased to have completed these negotiations. This acquisition will position AMGH to become a leader in the Internet broadcasting industry. We intend to complete this acquisition before the end of the month," said Darren Breitkreuz, President of the ARMAGH Group.

"AMGH provides a vehicle for us to accelerate our growth and increase the rate of penetration of our services," said Richard E. Bennett, Jr., President of OVT, Inc.

About SmartVideo:

SmartVideo designs, develops, sells, and markets video compression and processing technology that delivers full motion video content to a web browser using an Internet connection. SmartVideo uses its proprietary technology to offer a service that enables full motion video content to be viewed via dial up and broadband internet connections.

SmartVideo's products and services address the increasingly important role that streaming media plays in the Internet communications industry. Streaming media, also known as Internet broadcasting, is the delivery mechanism for live or pre-recorded multi-media broadcast over the Internet. Streaming enables new forms of content, combining traditional web design (text, graphics, and hyper-links) with smooth, real-life video, animation, and high-end audio. Companies around the world are looking to harness the power of video and audio on their websites and in other corporate applications. SmartVideo believes that the demand for, and use of, streaming media will grow at a faster rate than most other Internet applications.

SmartVideo technology and services enable live video broadcast, with viewer interactivty, to more than 95% of all Internet users. SmartVideo is based in Norcross, GA, a suburb of Atlanta, Georgia.

This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Words such as "intends," "expects," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements. Forward-looking statements include statements concerning plans, objectives, future events or performance and assumptions and other statements that are not statements of historical fact. Although the company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.

On Behalf of the Board of Directors of ARMAGH Group Inc.

Darren Breitkreuz, Director