Entertainment Technology Center at USC to Screen TAG Produced Live Action Feature-Length Film ``Red Riding Hood''

Business Wire, March 17, 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, today announced that the Entertainment Technology Center at the University of Southern California's (ETC-USC) Digital Cinema Laboratory is presenting the feature film production "Red Riding Hood." The screening will be held on Monday, March 20, 2006 at 7:00 pm at the Lab's historic Pacific Theater location -- 6433 Hollywood Blvd. A Q&A panel will follow the screening and include the following guest speakers: Randal Kleiser, Director; Dave Stump, Director of Photography; Steve Sobisky, Sandman Studios and Tony D'Amore, Digital Colorist.

"Red Riding Hood" is directed by Randal Kleiser and produced by Steve Austin. The well-known tale comes to life through the musical re-creation performed by well known Hollywood stars, including Lainie Kazan and Joey Fatone. The film also stars Sam Stone, Henry Cavill, Debi Mazar, Dan Roebuck, and Morgan Thompson in her feature film debut.

"Red Riding Hood" is being screened as part of the Digital Cinema Screening Series, an initiative of the Entertainment Technology Center to advance the use of digital technologies in motion picture production and distribution. ETC-USC's mission is to understand the impact of new technologies on the entertainment industry. Among ETC-USC's sponsors are the seven major studios, including Twentieth Century Fox, the domestic home entertainment distributor of "Red Riding Hood."

ABOUT TAG ENTERTAINMENT CORP.

TAG Entertainment Corp. is a publicly-traded, fully integrated family film company based in Santa Monica, California. TAG's principle 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.

ABOUT THE ENTERTAINMENT TECHNOLOGY CENTER AT USC

Founded in 1993, the Entertainment Technology Center at University of Southern California (ETC-USC) is a neutral, non-partisan research organization in the School of Cinema-Television that studies entertainment technology developments that are critical to the creative community; production companies; content owners, distributors and exhibitors; and technology companies. ETC-USC's sponsors include the USC School of Cinema-Television; Hollywood's major studios: Sony Pictures Entertainment, Twentieth Century Fox, MGM, Universal Pictures, Viacom/Paramount Studios, The Walt Disney Company and Warner Bros.; LucasFilm; Cisco Systems; Deluxe Laboratories; Laser Pacific Media Corporation, a Kodak company; Panasonic; and Thomson. For more information, visit www.etcenter.org.

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.