Connected Media Awarded Contract for Madrid Travel Promotion; Company's NMI Subsidiary Lands Third Initiative to Assist Digital Internet Program To Promote Tourism to Madrid, Spain.

MIAMI -- Connected Media Technologies, Inc. (OTCBB:CNCM), a provider of digital media marketing solutions, today announced that its wholly owned subsidiary, NMI, has been awarded a third digital marketing contract from the Patronato de Madrid, the tourism office for the city of Madrid, Spain. The initiative is a follow-up to a successful campaign that NMI launched for Patronato de Madrid last year and again in the spring of 2006. The new campaign, focusing exclusively on digital initiatives, will commence in September 2006.

"We continue to see growth in our travel related digital campaigns," stated Bob Rodriguez, Vice Chairman of Connected Media. "Now, more than ever, we are able to provide our clients with a full turnkey 'converged media' solution that can deliver and satisfy the customer's needs across current and emerging media platforms." As part of the new assignment, the Company will develop an assortment of creative digital applications and contract with Internet travel portals such as Skyauction, Priceline, Wavelife.com, Smarttravel and Bookingbuddy to promote tourism and exclusive travel packages to Madrid, Spain. In addition, an interactive web-connected CD-ROM will be incorporated as part of the Madrid initiative using the Company's patented technology.

Connected Media is the exclusive licensee of US Patent #6,101,534, which relates to technology that allows multimedia content stored on a local disc (such as a CD-ROM, DVD-ROM, Flash Disc, Memory Card, etc.) to be "controlled" or "released" for access by the user visiting a related website on the Internet. For the travel and tourism industries, discs using this process can link users directly to special web pages featuring destination information and special travel offers. At the same time, the disc provides high quality, video content that plays back from the disc in concert with web-based links and information. This patented process creates a seamless interaction between the dynamic capabilities of a travel related website, including online bookings and time sensitive offers, and high quality video content which is delivered from the disc without the need for streaming, downloading or any other bandwidth costs or constraints. According to Jeffrey Sass, Connected Media's CEO, "the expansion of NMI's business with Patronato de Madrid to include a 'connected' CD is an example of how we are leveraging NMI's global relationships to increase our business and provide clients with a complete suite of digital media solutions."

About Connected Media Technologies, Inc.

Connected Media is a sales and marketing focused digital media solutions company that offers a broad spectrum of services and solutions across current and emerging media platforms, including print, television, radio, Internet, CD, DVD and portable devices such as mobile phones and PDAs. The Company holds exclusive licenses to US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System" and to a number of additional patent applications pending with the USPTO. NMI, a Puerto Rico-based full-service marketing communications agency, is a wholly owned subsidiary of Connected Media. Founded in 1997, NMI provides complete marketing and communications initiatives to blue-chip corporate clients such as Royal Caribbean, Lucent Technologies, Avaya, RJR/Nabisco and Argent. Additional information about Connected Media is available on the Company's web site at http://www.connectedmedia.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc.