Theater Xtreme Hires The Investor Relations Group Of New York

(Wednesday, May 23, 2007) - Theater Xtreme
Entertainment Group, Inc. (OTC Bulletin Board: TXEG), a nationwide seller
and installer of real movie theaters for the home, today announced that it
has retained The Investor Relations Group, Inc. (IRG), a full-service firm,
to serve as its new investor relations and corporate communications agency.
"As one of the leading front-projection retailers in the U.S., we are
entering an exciting period during which we will continue to expand our
product offering and open new design centers," said Scott Oglum, Theater
Xtreme's Chief Executive Officer. "With a strong management team,
strategically located stores in high-visibility shopping centers, and a
retail philosophy that no one is above an exclusive lifestyle, we believe
we have an accelerated growth story ahead of us."
IRG will strive to increase investor and industry awareness of Theater
Xtreme within the U.S. and world markets. Its immediate plan is to
introduce the Company and its management to pre-qualified fund managers,
analysts, and the media-at-large.
To be added to Theatre Xtreme's investor contact list, please contact
Justin Schakelman at jschakelman@theaterxtreme.com.
About Theater Xtreme Entertainment Group, Inc.
Theater Xtreme Entertainment Group, Inc. (OTC Bulletin Board: TXEG) is
a specialty retailer of real movie theaters for the home. The Company's 80"
to 120" front projection systems deliver an authentic movie theater
experience, as an increasingly popular alternative to flat panel
televisions. Its cinema packages, featuring brand names and factory direct
products, are simple to use and cost significantly less than traditional
A/V dealer offerings. With package-focused merchandising and fast
installation, the Company makes it easy to own a complete theater. It
operates 5 company owned stores and 9 franchises in 10 states.
About The Investor Relations Group
The Investor Relations Group, Inc. (IRG) offers a full-service
corporate communications program designed to suit the many unique needs of
Alternative Public Offering (APO) companies. The program utilizes a
proprietary, targeted approach to reach institutional investors, analysts,
and the media-at-large. On an annual basis, IRG books more than 6000 unique
one-on-one meetings for its clients. This is a key aspect to the ongoing
success of our program. Working from our database of more than 70,000
institutional investors, family trusts and financial newsletters that have
long-term investment histories with APOs and/or companies with smaller
marketcaps, IRG arranges customized roadshows. These face-to-face meetings
and conference calls with pre-qualified money managers, who handle
investment portfolios of up to $10 billion and/or the media-at-large, serve
to increase trading volume and general awareness while reducing volatility.
Additionally, IRG publishes MicroCaptivations(TM), a fact-only, no hype
newsletter that is distributed by email and regular mail to an investment
community of up to 1.3 million "opt-in" recipients. Our company's website
is http://www.investorrelationsgroup.com.
Safe Harbor Statement
Some of the information presented in this letter constitutes
forward-looking statements made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements represent the Company's judgment regarding future events, and
are based on currently available information. Although the Company believes
it has a reasonable basis for these forward-looking statements, the Company
cannot guarantee their accuracy and actual results may differ materially
from those the Company anticipated due to a number of known and unknown
uncertainties, of which the Company is not aware. Factors which could cause
actual results to differ from expectations include, among others, the
ability of the Company to sell franchises, success of the franchise stores,
the ability to find suitable locations for new corporate and franchise
stores, delay or loss of key products from vendors, the ability to maintain
margin and sales growth rate, disruption of product delivery from overseas
suppliers, changes in regard to significant suppliers, increased
competition from companies with more expertise, experience, or financial
resources, technological changes in the home theater market which may
render the Company's offerings obsolete, less competitive, or too
expensive, material reduction in the demand for home theaters, and lack of
sufficient capital to allow the Company to achieve its corporate store
opening goal. For additional information concerning these and other
important factors that may cause the Company's actual results to differ
materially from expectations and underlying assumptions, please refer to
the reports filed by the Company with the Securities and Exchange
Commission available at http://www.sec.gov.
INVESTOR & MEDIA CONTACT:
Katrine Winther-Olesen
The Investor Relations Group
+1 212-825-3210
Email: katrine@investorrelationsgroup.com
Website: http://www.investorrelationsgroup.com

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