Riz Khan, Former CNN International Lead News Anchor, Joins Image World Media, Inc.; Company Also Announces Expansion of Board of Directors From Six to Seven Members

Business Wire, Nov 20, 2001

Business Editors

ROCKVILLE, Md.--(BUSINESS WIRE)--Nov. 20, 2001

Max Development, Inc, dba Image World Media, Inc. ("IMI") (OTCBB:MAXD), today announced the appointment of Riz Khan as a Director of the Company.

He will be joining the Board members Danny McGill, Mark Elenowitz, Philip Braden, Allison Creely, Dr. Chirinjeev Kathuria, and Ms. Kamal Sidhu who are expected take office on November 29, 2001.

Mr. Khan is the former host of "Q&A with Riz Khan" and "Q&A Asia with Riz Khan" on CNN International (CNNI), as well as anchoring news shows and news events for the network (NYSE: AOL). The Q&A shows were the network's daily interactive programs, featuring newsmaker and celebrity interviews, as well as live viewer interaction via telephone, fax, e-mail and video-mail.

Mr. Khan's guests have included UN Secretary Gen. Kofi Annan; U.S. First Lady Hillary Rodham Clinton, Queen Noor of Jordan and paranormalist Uri Geller.

He has interviewed authors such as Tom Clancy, Ken Follett and Helen Fielding; actors such as Kenneth Branagh, Danny Glover and Sigourney Weaver; musicians such as Sheryl Crow, Yanni and Jonathan Bell; and athletes such as Michael Johnson and Evander Holyfield; as well as a host of presidents, prime ministers and ambassadors from around the world.

Mr. Khan has interviewed more world leaders than any other international news interview show. His notable special coverage has included CNN's world exclusive, historic and award-winning 1998 coverage from Mecca of the Muslim pilgrimage, The Hajj. It was the first time any international news network had been allowed in to provide extensive, in-depth and live transmissions from this annual event.

In addition, Mr. Khan has hosted CNN coverage from New Delhi, Jerusalem, Amman, Beirut and Damascus. Before joining CNNI in May 1993, he was a presenter and reporter with the BBC, anchoring World Service Newscasts since October 1991.

Earlier, Mr. Khan was a presenter and reporter for Central TV in Birmingham, England, and was a presenter and reporter for BBC Radio 4 and Radio 5. Khan also has reported for national and regional BBC television and radio. Born in the British colony of Aden in the former South Yemen, Khan has lived in Britain since 1967 and is a British citizen.

In addition to English, he speaks Urdu, Hindi and has a working knowledge of Punjabi and other South Asian languages, along with French and Swedish. Riz Khan earned a Bachelor of Science degree with honors in physiology at the University College Cardiff, University of Wales. He also holds a postgraduate diploma in Radio Journalism from Highbury College, Portsmouth, Hampshire.

Mark Elenowitz, President of Image World Media, Inc., stated, "Image World Media, Inc. is extremely pleased and fortunate to have Riz Khan, a world-renowned broadcasting professional, join the Company. His extensive knowledge and experience, combined with that of our other team members, has enabled us to put together an organization second to none in the business. Not only do we have on-screen talent such as Mr. Khan and Ms. Sidhu, but we also have Officers and Directors that bring many years of broadcast industry and corporate business experience to the organization. It is our ultimate goal to become a powerhouse media company in Asian broadcasting. With the team we have assembled, I have no doubts about achieving that goal."

IMI is an international media company, registered in the United States, specializing in the production and distribution of various media content for worldwide distribution across multiple media platforms such as traditional television, film, and the Internet. IMI's founders include pioneers in the Asian telecommunications, satellite broadcasting, and New Media revolution.

They will play key roles in carrying forward the Company's strategy of creating a global media force originating from Asia.

IMI is the parent company of Interruption Television Pte. Ltd. ("ITPL") as well as various other media assets. ITPL has been in business since 1997 producing content and securing global distribution for its programs.

Image's partnerships include Canada's content leader, ChumCity (http://www.chumcity.com), and licensing agreements with Columbia Tri-Star International Television (CTIT) (http://www.columbiatristar.net).

IMI also has licensing agreements with UPC (http://www.upccorp.com), the largest cable system owner in the world; and Fox (http://www.fox.com) for portions of Europe, all of South America and Asia for cable TV, as well as various terrestrial channels worldwide for the Company's wholly owned properties.

ITPL programs have been seen in over 128 countries by a total viewership in excess of 400 million households (HH) via television; and an additional potential 83 million households via Internet and broadband.

For additional information on Image World Media, Inc, please visit http://www.imageworldmedia.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law.