SMO Multimedia Corporation Closes Financing.

Business Editors

BELLINGHAM, Wash.--(BUSINESS WIRE)--Feb. 23, 2004

SMO Multimedia Corp., (SMO) (Pinks Sheets:SMOC) is pleased to announce that the company has closed its first round of financing with Learn Waterhouse Inc. of Tyler, Texas. Under the terms of the deal SMO will begin to manufacture and market its proprietary way-finding software and hardware immediately for the airport and shopping center industry. The financial terms of the deal were not disclosed at the time of the release, but company CEO, Robert Pratt indicated that the deal was substantial.

"I am honored that Learn Waterhouse has chosen to be our financial partners. This is so important to my family, employees, and shareholders to finally see the vision the company we worked so hard on become reality," said Robert Pratt, SMO's chairman and chief executive officer. Pratt went on to say, "We have been praying for the right partnership to come along that truly understands the value of our technology and infrastructure. For the first time since our inception, SMO will finally have the resources to take our products to the marketplace in strength."

"We can't express how encouraged and excited we are to have become partners with SMO Multimedia. We anticipate great things for this company, and we are looking forward to working along side them through the process of growth," said Randy Treadwell, Learn Waterhouse Chief Executive Officer.

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For direct SMO Multimedia inquiries, please call the company directly at 360-318-8555.

About SMO

SMO Multi-Media Corp. designs systems and software for advanced needs in the growing advertising and kiosk industry. The core project is the deployment of a network of technologically advanced E-Stations (Kiosks, and new wall mounted systems) in Shopping Centers and Airports throughout the United States. The E-Stations replace traditional directories and include advanced systems for retailers and consumers alike. SMO has designed proprietary mapping software for high traffic areas that not only pinpoint directions to a destination, but also gives estimated walking times to the store, concourse, gate, etc. Through these E-Stations consumers can find store directions, product coupons, take part in loyalty point systems, purchase gift cards, etc. SMO announced the addition of security systems to the unit and its airport service offerings and received extensive press coverage as a result of the changes and was featured on King5 (NBC, Seattle) and NWCN in Seattle. The (E-Station) technology provides a central and secure platform for security systems in the growing market. SMO Multimedia has cancelled all merger talks with Automated Financial Services Group, and is not looking for any other merger candidates at this time. The company website is www.smomedia.com.

NOTE: Safe Harbor statements under the Private Securities Litigation Reform Act of 1995: This announcement may contain "forward looking" statements. Although we believe that the statements contained in the announcement are reasonable, we can give no assurances that such statements will prove correct.