TAG Entertainment Corp. Announces Co-Production Agreement to Produce Six Films for Sci-Fi Network

Business Wire, March 14, 2006

SANTA MONICA, Calif. -- TAG Entertainment Corp. (OTCBB:TAGE), a full service entertainment company specializing in the production and distribution of family oriented motion pictures, has announced today that it has entered into a co-production arrangement with UFO International Productions, LLC ("UFO") to jointly produce six (6) feature films for the Sci-Fi Network, an NBC Universal company.

The six feature films are in various stages of development and will be produced over the next twelve to eighteen months. Principal photography for the first film is tentatively slated for late spring. Each film production will include captivating special effects that significantly enhance the overall production value of each project. The special effects will be done in-house utilizing cutting edge technology by an experienced visual effects production team. Mr. Steve Austin, Chairman & CEO, TAG Entertainment Corp. said: "We look forward to beginning our relationship with UFO. Jeff Beach and his team bring to the table an innate understanding of the film making process and a great business sensibility. The area of science fiction is new to our company and we welcome the opportunity to broaden our repertoire." TAG will lead the worldwide distribution efforts for the entire slate of films.

UFO has carved a niche in the entertainment industry satisfying the worldwide demand for science fiction product. UFO has produced and distributed a number of feature films made specifically for the Sci-Fi Network. Mr. Jeff Beach and Mr. Phil Roth, Co-CEO's, share a similar sentiment regarding this new co-production arrangement, "TAG has a solid track record for producing high quality family films. We believe that this co-production arrangement will enhance the marketability not only the current slate of films but will open the door for the production of branded entertainment properties for the worldwide family market."

About TAG Entertainment Corp.

TAG Entertainment Corp. is a publicly traded, fully integrated family film company based in Santa Monica, California. TAG's principal business is the development and production of high-quality family-oriented feature films for worldwide distribution in the theatrical motion picture markets. In addition, the company develops and produces television programming, including movies-for-television for the major networks, basic cable, pay cable, first-run syndication and international markets. Established in 1999, TAG has produced 15 feature films and has acquired certain rights to additional motion pictures.

NOTE: The statements contained in this press release that are not historical facts are forward-looking statements under federal securities laws that involve a number of risks and uncertainties. Therefore, the actual results of future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially include, but are not limited to, TAG's ability to develop and produce additional feature-length films; the continued contributions of partners in the promotion of future film projects; TAG's ability to effectively implement its business strategy; and TAG's ability to raise additional capital to fund planned movie projects.