B2Digital Reports Improved Second Quarter Financial Results; Revenues Up 205% for the Six-Month Period Ended September 30.

BEVERLY HILLS, Calif. -- B2Digital, Inc. (OTCBB:BTWO), a provider of Video-on-Demand, Pay-per-View and Digital Streaming Services, announced today its financial results for its second quarter ended September 30, 2004.

Consolidated net revenues for the three months ended September 30, 2004 rose to $154,174, an increase of 28%, from $120,181 reported for the three months ended September 30, 2003. Consolidated net revenues for the six months ended September 30, 2004 grew to $366,415, an increase of 205%, from $120,181 for the six months ended September 30, 2003. Year-over-year revenue improvement reflects the Company's acquisition of Hotel Movie Network, which contributed all of its revenues for the six-month period ended September 30, 2004. Additional details can be found in the Company's Form 10-QSB available at http://www.sec.gov.

Robert Russell, CEO of B2 Digital, Inc., stated, "We are pleased to report consistent top-line growth over the past two fiscal quarters. Our strategic acquisition of Hotel Movie Network provides us with a recurring revenue stream, while we continue to strengthen our digital services platform. Through partnerships including B2 Networks, (LLC), the Company is well positioned to capitalize on the explosive demand for Wi-Fi services and entertainment packages for the nation's hospitality and hotel industry. We remain extremely optimistic about our future. We expect continued strong revenue improvements in the coming quarters as we scale up our digital services deployment in targeted U.S. and international markets."

About B2Digital, Inc.

B2Digital, Inc. is a provider of video-on-demand, pay-per-view and digital streaming services to the hotel and hospitality industries. The Company is currently marketing hi-speed Internet access products, including high end Wi-Fi. B2Digital is committed to delivering the next generation of interactive communication services to its growing database of clients. For additional information, please visit http://www.b2digital.com or for investor relations go to http://www.otcfn.com/btwo.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Information with respect to important factors that should be considered is contained in the Company's Annual Report on Form 10-KSB as filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward- looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.