- News Alert - (PINKSHEETS: MXMI): Max Media Group, Inc. announced today the following corporate updates:.

M2 PRESSWIRE-May 10, 2011-OTC Market Wire: - News Alert - (PINKSHEETS: MXMI): Max Media Group, Inc. announced today the following corporate updates:(C)1994-2011 M2 COMMUNICATIONS

RDATE:09052011

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PINKSHEETS: MXMI

Max Media Group, Inc. announced today the following corporate updates:

- - May 9, 2011 - - Max Media Group, Inc. (PINKSHEETS:MXMI.pk - News), announced today the following corporate updates:

Classiccorvettes.com to begin updates

The legacy site www.classiccorvettes.com is in the process of undergoing a complete update. The look and feel will be brought current as will the technology behind the site. Classiccorvettes.com is a great name and has had tremendous interest from potential buyers and partners. The company plans to leverage this site with the help of strategic partnership arrangements. The three serial number one Corvettes from 1955,1956, and 1957 will continue to be marketed for sale on this site. Current asking price is $3,000,000

Max Media Group classic car restoration and speed shop is now open under the name Suncoast Speed and Custom Cars The company has recently started the restorations of a 1963 Corvette Convertible, 1968 Chevelle Convertible ProTouring, 1970 Plymouth Cuda ProTouring, 1969 Camaro Convertible ProTouring, and a 1971 Chevelle Convertible. Technology is in the works to give customers the ability to look in on their projects through internet video cameras.

Maximum Motoring Show

The Maximum Motoring Show continues to be heard at 3:00 pm EDT. Thursdays on WTAN 1340 and 1350 AM in Tampa Bay, Florida. The show is also broadcast live on the Internet. The link can be accessed at www.maximummotoring.com. Max Media takes phone calls toll free at 866-826-1340 or 727-441-3000 during the show and emails at theguys@maximummotoring.com.

EXPANSION AND ACQUISITIONS

As previously announced, the Company has entered into several Letter Of Intents for various acquisitions. The Company is finalizing the terms and conditions regarding BB2LIVE and The Golden Voice ,and expects the deals to proceed to Definitive Agreements over the next few days.

Additionally, the Company continues to identify additional acquisitions that are expected to move to the next stage of due diligence over the next few weeks as well.

Grady stated, "It is our intention to aggressively take advantage of the huge discrepancy in the market for buying and selling smaller websites (generally with price tags under $1 million). By acquiring smaller sites at the lower multiples and networking them together under the Max Media umbrella, the Company will achieve higher valuations and multiples for its shareholders."

About MXMI: Max Media Group, Inc. currently operates several web sites including www.classiccorvettes.com, www.babelation.com, www.maximummotoring.com, www.hotautoweb.com, www.hotrvweb.com, www.hotboatweb.com and www.hotcharityweb.com among others. The domain properties were founded in 2001 with the current management assuming control in 2009. In the past 5 years www.hotautoweb.com has generated $17 million dollars in the classic car segment.

The Company operates its various media outlets to market its listings and listing services. The Company's listings include high-ticket items such as classic cars, boats, planes, RV's, etc. The Company plans to offer these listing services through a national network of trained independent representatives.

The Company currently has 75,098,804 shares issued and outstanding.

For additional information about MXMI, please visit http://www.PennyStockCircle.com/MXMI

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Forward-Looking Statements:

The information contained herein includes forward-looking statements. These statements relate to future events or future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Undue reliance should not be placed on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflect our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward- looking statements if they comply with the requirements of the Act.

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