SurfNet Media Group To File Notification Of Late Filing On SEC Form 12b-25

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The filing relates to its Annual Report on Form 10-KSB for the fiscal year ended February 28, 2005.

SurfNet Media Group, Inc. (OTCBB: SFNM) announced that it will be filing today a Notification of Late Filing on Form 12b-25 with the Securities and Exchange Commission relating to its Annual Report on Form 10-KSB for the fiscal year ended February 28, 2005. SurfNet states in the report that its auditor did not begin audit field work until June 1, 2005, two days after the date upon which SurfNet’s Annual Report on Form 10-KSB was due with the Securities and Exchange Commission.

SurfNet expects that the auditor will complete the audit in a timely fashion and SurfNet will file its Annual Report with the SEC prior to June 30, 2005. When SurfNet files its Annual Report, the NASD will remove the “e” from SurfNet’s symbol. The presence of an “e” does not constitute a trading halt or delisting, although some brokerage firms have policies that prevent trading until an “e” is removed.

About SurfNet

SurfNet Media Group (, founded in 1999, is an online broadcast media company and the leading producer and distributor of online, talk radio content, streaming over 100 programs weekly to targeted audiences on its flagship VoiceAmerica™ Channel (, VoiceAmerica™ Business Channel ( and VoiceAmerica™ Health & Wellness Channel ( Additionally, SurfNet is pioneering a unique, next-generation content distribution model based on its patented Metaphor® iportal, creating innovative “community centers” that transform any web site into a broadcast portal for syndication of online content, including on-demand libraries, webcasts, MP3 downloads, ecommerce, email, community links, blogs and podcasting.

Forward-Looking Statements

This release contains certain “forward-looking statements” for purposes of the Securities and Exchange Commission’s “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause SurfNet’s actual results to differ materially from those currently anticipated, including the risk factors identified from time to time in SurfNet’s filings with the Securities and Exchange Commission.


Denise Dion




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