Gems TV Selects Burst for Design/Build of First US Production Studio

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Burst was awarded the contract for the design and build of Gems TV Holdings Limited's ("Gems TV" or the "Group") first US production studio, which is expected to be completed in February 2007, in Reno, Nevada.

Burst was awarded the contract for the design and build of Gems TV Holdings Limited's ("Gems TV" or the "Group") first US production studio, which is expected to be completed in February 2007, in Reno, Nevada.

Gems TV is an integrated manufacturer and television home shopping retailer of colored gemstone jewelry that airs on Sky Digital, ntl:Telewest and DirecTV. The Group manufactures its products in Chantaburi, Thailand, which is one of the world's leading centers of gemstones, and sells its products primarily through television as well as the Internet through a "reverse auction" system, known as "Snatch It." Gems TV also owns and operates one dedicated jewelry home shopping channel in the USA and two dedicated jewelry home shopping channels in the UK.

Jason Choo, CEO of Gems TV, said, "We are delighted to have awarded our first production studio contract to Burst. As this project marks our entry into the US, it is imperative that we work with partners that understand our needs. I am confident of a successful working relationship with Burst."

Burst will design a ground up turnkey production facility for GemsTV, which includes design and documentation, equipment procurement and installation of the audio, video and lighting for the production control room, technical equipment room and studio of the new facility. Burst is working closely with the staff of GemsTV to build an SDI facility that meets their unique production needs for 16 hours of broadcast per day on DirecTV.

About Burst

Burst designs, engineers and installs creative, integrated systems for video, broadcast and presentation technologies. Burst specializes in bundled solutions to complex projects, from hardware and software, to installation and training. Owned and managed by Kirk Basefsky and Robin Heywood since 1991, Burst is headquartered in Denver, Colorado, with satellite offices located in Arizona, California, Kansas, New Mexico, Texas and Utah.

About Gems TV

The Company was incorporated with limited liability in the Cayman Islands on 23 April 2001.

The Group (comprising the Company and its subsidiaries) is an integrated manufacturer and television home shopping retailer of colored gemstone jewelry. It sells its own handcrafted gemstone jewelry directly to customers primarily via television, as well as over the Internet, through a "reverse auction" system. The Group is UK's leading dedicated television home shopping retailer of colored gemstone jewelry, and currently operates its business through three principal operating subsidiaries, a manufacturing subsidiary in Thailand and television home shopping subsidiaries in the USA and the UK.

The Group currently owns and operates two fully integrated production facilities in Thailand. It also owns and operates one dedicated jewelry home shopping channel in the USA and two dedicated jewelry home shopping channels in the UK through which it sells exclusively its own handcrafted gemstone jewelry and the jewelry it purchases from its outsource partners. It also sells its products on the Internet, through its own websites http://www.gemstv.com, http://www.gemstv.co.uk and http://www.thaigem.com, as well as on third-party websites such as eBay. The Group has plans to expand into Japan, the PRC and Germany.

The Group's principal places of business are currently in the USA, UK and Thailand.

For more information, contact by e-mail or call Doug Houston at 303-858-9818.

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SHARON CUTLER CUTLER
Burst
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