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Tuesday, 10/01/2002 3:51:20 PM

Tuesday, October 01, 2002 3:51:20 PM

Post# of 5044
MPTV To Conduct WebCast On Thursday October 3, 2002, 5:00 p.m. ET, 2:00 p.m. PT


IRVINE, Calif., Oct 1, 2002 (BUSINESS WIRE) -- MPTV, Inc. (OTCBB: MPTV), an
innovator in Timeshare Resort Development, today announced that it will conduct
a webcast for shareholders and interested parties on Thursday, October 3, 2002,
at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time.

This call is being webcast by CCBN and can be accessed at MPTV's Yahoo! Finance
page at http://biz.yahoo.com/p/m/mptt.ob.html.

The webcast is also being 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. Institutional investors can access the call via
CCBN's password-protected event management site, StreetEvents
(www.streetevents.com).



About MPTV, Inc.

MPTV develops and markets timeshare resort properties. 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.

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 consummate an arrangement for refinancing of the Lake
Tropicana property; 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, 2001 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.


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