New Medium Enterprises (NME) (OTC Bulletin Board: NMEN), the company bringing affordable high-definition (HD) home entertainment to the globe through HD VMD technology, today announced that Icon Film Distribution will release movies on HD VMD in Australia and New Zealand. The red laser-based HD VMD format gives consumers a total HD solution at prices competitive with the existing DVD market. Icon’s titles will be made available when HD VMD hits these markets this year, including We Were Soldiers, The Queen and Apocalypto.

"Icon is a distinguished player in international film with strong current releases and a library of well-known titles that have made an impact on audiences worldwide," said Mahesh Jayanarayan, CEO, NME, Inc. "We look forward to expanding the global HD VMD content catalog with high quality titles."

"The HD VMD solution will allow us to distribute our movies to a fan base that is craving an affordable HD experience in the home," said Greg Hughes, General Manager, Home Entertainment, Icon Film Distribution. "We’ve seen tremendous momentum for the HD VMD format and plan to release dozens of titles in the Australian and New Zealand markets where HD VMD is available to the consumer."

Currently NME has deals with leading movie distributors in Australia, Brazil, China, France, Germany, India, Ireland, Japan, New Zealand, Poland, Scandinavia, the UK and the United States. Worldwide, there will be hundreds of movies available on HD VMD at launch. The Icon titles to be released in Australia and New Zealand will include:

• Apocalypto
• Black Sheep
• Butterfly Effect
• Butterfly Effect 2
• Gosford Park
• Miss Potter
• The Descent
• The Hitcher
• The Queen
• We Were Soldiers

HD VMD is the only HD disc technology that offers a growth future to optical storage industry by offering increased disc capacity through its multilayer 2P process.

Notes to editors:
What you should know about HD VMD
HD VMD (Versatile Multilayer Disc) is NME's proprietary HD disc format based upon established red laser technology enabling seamless and cost effective manufacturing solutions for HD products based on existing DVD industrial infrastructure.

NME's patented 2P process succeeded in solving the technological problems which have limited DVDs to two information layers (DVD9). Multilayering is now possible with HD VMD's commercial solution of 20 GB storage capacity for single sided discs (4 layers of 5 GB each). HD VMD has also proven the ability to achieve 24, 30, 40 and 48 GB capacity with the NME 2P process method. The NME 2P process is also applicable for manufacturing multilayer blue laser discs.

The HD VMD disc has a capacity to playback a full three hours of true 1080p content on one single side. The HD VMD format supports all existing DVD and CD disc formats, in addition to allowing consumers to play their existing standard-definition DVD collections up-converted to HD.

HD VMD is priced competitively with current DVD pricing and is considered a serious market contender as it provides access to high definition at a much lower cost than Blu-ray and HD-DVD drives and discs.

For further information contact:

Public Relations Manager
New Medium Enterprises
195 The Vale
London W3 7QS
United Kingdom
Tel: +44 208 746 2018
Fax: +44 208 749 8025

About NME
New Medium Enterprises, Inc., (NME) was founded in August 1999 and has been trading on the OTC Bulletin Board under the symbol NMEN. The Company has recently (in 2005) shifted its operations to London .

Aimed at positioning itself as a technology leader in the field of High Definition digital storage, NME is offering the movie and video gaming industry a bespoke solution to thwart video piracy. The Company has developed Versatile Multilayer Disc (VMD) , a technologically advanced optical storage disc that has capacities ranging from 20 to 100 GB of data storage; which is far greater than the capacity of existing DVD discs. This could be a potential gain for the pre-recorded video segment of the entertainment industry.

The Company is centered on further developing innovative storage technologies, along with congruous video compression technology; enabling a new generation of high performance, low cost digital storage devices. The convergence of High Definition with VMD technology leverages the company's expertise in the development of high definition players, recorders and personal video recorders. The Company is negotiating strategic alliances, joint ventures and acquisitions with manufacturers of Optical Discs and HD Players, Content distributors, software developers, researchers, etc.; across the globe in USA , UK , Germany , Israel , China , India , Moscow , and Ukraine . For additional information about NME, please consult the Company's website at: www.nmeinc.com