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Tuesday, 01/22/2002 11:27:52 AM

Tuesday, January 22, 2002 11:27:52 AM

Post# of 5044
MPTV To Conduct WebCast on Jan. 23, 2002 at 5:00pm ET, 2:00pm PT


/FROM PR NEWSWIRE LOS ANGELES 213-626-5500/
TO BUSINESS EDITOR:

MPTV To Conduct WebCast on Jan. 23, 2002 at 5:00pm ET, 2:00pm PT

IRVINE, Calif., Jan. 22 /PRNewswire/ -- MPTV, Inc.
(OTC Bulletin Board: MPTT), an innovator in Timeshare Resort Development,
today announced that on Wednesday, January 23, 2002 at 5:00 pm Eastern Time,
it will conduct a webcast to discuss its recent 1-for-1 stock dividend and to
update shareholders on funding developments.
The webcast will be hosted by CCBN and can be accessed at
http://biz.yahoo.com/p/m/mptt.ob.html . The webcast is also to be distributed
over CCBN's Investor Distribution Network to both institutional and individual
investors. Individual investors can listen to the call through CCBN's
individual investor center at www.companyboardroom.com or by visiting any of
the investor sites in CCBN's Individual Investor Network such as America
Online's Personal Finance Channel, Fidelity Investments(R) (Fidelity.com) and
others.
Institutional investors can access the call via CCBN's password-protected
event management site, StreetEvents ( www.streetevents.com ). StreetEvents
allows institutional investors to identify, organize, and track the hundreds
of conference calls that occur each day during earnings season, to download
events of interest to their Outlook calendar, and to RSVP to events online.

MPTV, Inc.
MPTV develops and markets timeshare resort properties. The Company's
principal asset is a multi-million dollar resort property called Lake
Tropicana. MPTV's current project is the Lake Tropicana Timeshare Resort and
Towers ( www.laketropmptv.com ) located in Las Vegas, Nevada between the MGM
Grand Hotel/Casino and the Aladdin Hotel/Casino on the "strip" and the Hard
Rock Cafe on Paradise and Harmon Avenue. The "Harmon Corridor" is undergoing
transformation with two new casino hotels and three large timeshare projects
planned for this area.

Shareholder Contacts: Laurel Moody, Vision Consulting, Email
laurel@visioncc.net, Calls: 212-446-6109.

Serena Riedel, Email: serenariedel@aol.com.

This press release contains forward looking statements within the meaning
of the "safe-harbor" provision of the Private Securities Litigation reform Act
of 1995 about the Company's financial condition and business prospects that
involve substantial risks and uncertainties. You can identify these
statements by the fact that they use words such as "anticipate," "estimate,"
"expect," "project," "intend," "plan," "believe" and other words and terms of
similar meaning in connection with any discussion of future operating or
financial performance. Among the factors that could cause actual results to
differ materially are the following: failure to reach definitive agreements
with potential acquisition candidates; failure to find attractive acquisition
candidates; failure to meet conditions of the loan; increases in interest
rates; a decline in the Las Vegas real estate market or the timeshare market
in general; and general economic conditions in the United States. A further
list and description of these risks, uncertainties and other matters can be
found in the Company's Annual Report on Form 10-KSB for the fiscal year ended
December 31, 2000 and in its periodic reports on Forms 10-QSB and 8-K (if
any). These forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially. These forward-looking
statements speak only as of the date hereof. The Company disclaims any intent
or obligation to update these forward-looking statements.

MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X86145544

SOURCE MPTV, Inc.

/CONTACT: Laurel Moody of Vision Consulting,
+1-212-446-6109,laurel@visioncc.net, or Serena Riedel, serenariedel@aol.com,
both for MPTV,Inc./

/Web site: http://www.laketropmptv.com /

/Audio: http://biz.yahoo.com/p/m/mptt.ob.html /

Jan-22-2002 15:07 GMT
Symbols:
US;MPTT
Source PRN PR NewsWire
Categories:
NWR/CA NWI/RLT NWI/LEI NWI/TRA NWI/OTC NWS/CCA MST/R/US/CA MST/I/REA
MST/I/RCS MST/B/TVL MST/I/MKT

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