CenterStaging Announces Premiere of Rock Legend Tom Petty Singing Recent Hit ''Saving Grace'' On rehearsals.com.

BURBANK, Calif. -- CenterStaging (OTCBB:CNSC), creators of rehearsals.com and worldwide digital entertainment content for multi-channel online distribution, debuted an exclusive performance by Rock N' Roll Hall of Fame inductee and Grammy-award winning artist Tom Petty on the Company's music and entertainment online network, rehearsals.com.

The premiere performance is the latest in a series of popular artists to appear on rehearsals.com, CenterStaging's next-generation website destination. The rehearsals.com online network is a key element in CenterStaging's strategic mission to generate multiple revenue streams from the rapidly growing worldwide digital marketplace.

"There were no cameramen, directors or anyone else in the room and the cameras were completely unobtrusive," said Tony Dimitriades, the band's manager. "This created the true atmosphere of a rehearsal and not of a video shoot."

"Tom Petty is one of rock and roll's true icons! His newest musical contributions are some of the best work he and the Heartbreakers have done," said Tommy Nast, Executive Vice President, Business Development for CenterStaging. "To see some of the magical moments we were able to capture during his rehearsals.com experience will be extremely captivating for his numerous fans. Thanks to legendary artists like Tom Petty, rehearsals.com is quickly establishing itself as a major player in the online music space."

Petty was captured at the rehearsals.com studios performing "Saving Grace," the first release from his highly anticipated album "Highway Companion," due to be released on July 25, 2006. The footage will also be used by Academy-Award winning director Peter Bogdanovich, who has been filming a documentary on Petty's illustrious 30-year career in the music industry. Bogdanovich has been given total access to the band and will intertwine vintage interviews, videos, special footage and live performances.

Mr. Petty's performance was captured in CenterStaging's private, state-of-the-art studios and was recorded in high-definition, utilizing 10 inconspicuous robotically controlled cameras and 48 microphones. Visitors can access Mr. Petty's performance via rehearsals.com's streaming video. Additionally, behind-the-scenes footage captures Mr. Petty rehearsing for his 30-year anniversary tour with the Heartbreakers that will run through October 4, 2006.

CenterStaging's rehearsals.com is a unique gateway into the professional artist's workshop and rehearsal. Programming includes a range of exclusive web series and special features, including behind-the-scenes looks at the popular music artists. Programs such as the Company's signature series, Lessons from the Legends, deliver unique content to music fans worldwide in streaming video as well as digital audio. Other programming includes exclusive performances, candid artist interviews and intimate portraits of the artists. Millions got an inside look at rehearsals.com in a recent feature on the NBC morning news program, "Today."

The rehearsals.com online network is a key element in CenterStaging's strategic mission to generate multiple revenue streams from the rapidly growing worldwide digital marketplace. Programming content is created at CenterStaging's 150,000 square foot campus, which features 11 rehearsal studios, a sound stage, a high-definition broadcast center, thousands of musical instruments and backline equipment.

For further details, visit www.TomPetty.com. Watch Tom Petty's exclusive live performance of "Saving Grace" only at www.rehearsals.com.

About CenterStaging Corp.

CenterStaging creates unique forms of digital video and music entertainment content for worldwide distribution through a multitude of channels of the burgeoning online and digital economy. Long one of the largest and most important professional music recording and rehearsal studios in California, CenterStaging's key strategic product and marketing assets include rehearsals.com, the Company's proprietary web gateway into the professional artist's workshop. CenterStaging is a vertically integrated entertainment business model that not only develops and produces content, but also delivers compelling programming to an online audience. rehearsals.com content includes digital audio programming, as well as streaming video of exclusive performances, candid artist interviews and intimate lessons from the legends. This content can be distributed through a complete range of current and future digital platforms, including mobile phones, multimedia handheld devices such as MP3 players, personal computers and new-generation high-definition televisions. For more information about CenterStaging and rehearsals.com, please visit www.rehearsals.com. For investor-specific information about CenterStaging Corp. including recent news and stock price data, please visit http://www.trilogy-capital.com/tcp/centerstaging/quote.html. For General Investor Information, please visit http://www.trilogy-capital.com/tcp/centerstaging/. For an Investor Fact Sheet on the Company, visit http://www.trilogy-capital.com/tcp/centerstaging/factsheet.html.

Forward-Looking Statements 

All statements made in this press release other than statements of historical fact, including statements that address operating performance, events or developments that management expects or anticipates will or may occur in the future, including statements related to distributor channels, volume growth, revenues, profitability, new products, adequacy of funds from operations, statements expressing general optimism about future operating results and non-historical information, are forward-looking statements. In particular, the words "believe," "expect," "intend," "anticipate," "estimate," "may," "will," variations of such words, and similar expressions, identify forward-looking statements, but are not the exclusive means of identifying such statements, and their absence does not mean that the statement is not forward-looking. These forward-looking statements are subject to certain risks and uncertainties, including those discussed below. Our actual results, performance or achievements could differ materially from historical results as well as those expressed in, anticipated or implied by these forward-looking statements.