Press Release Source: SaVi Media Group Inc. SaVi Media Group Expands Its Domestic and International Operations Monday July 17, 5:53 pm ET ANAHEIM, CA--(MARKET WIRE)--Jul 17, 2006 -- SAVI MEDIA GROUP, INC. (OTC BB:SVMI.OB - News) has recently doubled the size of its R & D lab portion in Santa Ana and furthermore SaVi has just acquired a 270,000 ( Two-Hundred, Seventy-Thousand) Square foot R & D lab and office in Tian Jin, China in the Auto Trade - Free Trade Zone. Since we have been working along side G&K Auto, Chinese authorities in Beijing have contacted us and we have begun testing heavy duty equipment, machinery, and certain diesel engines that they have shipped overseas from China to our facility here in the U.S. for us to test and retrofit. Due to the interest locally and internationally SaVi has acquired funding by Cornell Capital so as to adequately lay down the foundation for this expansion. We have accepted $2.9 Million in initial financing from Cornell Capital Partners, LP. Under the agreement recently signed, Cornell has committed to provide $2.9 million of funding in the form of Secured Convertible Debentures. The Company received $1.6 million at the time of signing with an additional $800k to be advanced prior to the filing of a registration statement with the Securities and Exchange Commission (SEC) in connection with the transaction, and a final $500k upon effectiveness of the registration statement. "Since the launch of our drive to commercialize innovative new types of engine emission reduction technology along with specialized manufacturing processes, we have been fortunate in establishing strong relationships with government officials and world class partners,'' stated Mario Procopio, Chief Executive Officer of SaVi Media Group, Inc. "In June we gained Cornell Capital as a strong partner in the area of finance and with Cornell's newly added $2.9 million dollar commitment we now have our revised business plan in efforts to bring our technologies to market as soon as possible," concluded Mr. Procopio. About Cornell Capital Managed by US-based Yorkville Advisers LLC, Cornell Capital Partners, LP is a key player in structuring and executing equity agreements. Facilities similar to this Standby Equity Distribution Agreement(SM) are widely utilized by companies in the USA, UK and Australia. To date, the Cornell group has made available in excess of $800 million for over 100 publicly traded corporations. For more information please visit: Cornell Capital About SaVi Media Group SaVi Media Group creates and commercializes blow-by gas and crankcase engine emission reduction technology. They have created the first truly simple gasoline and diesel engine emission reduction technology, allowing them to provide their clients with lower-cost, more effective and more efficient emission reduction and engine performance. With 20+ years of emissions and materials R & D behind it, the Company was formed to create, support and license a patented supplementary vehicle emissions reduction and fuel efficiency technology that can reduce emissions by up to 40% and improve efficiency 30%. Using proprietary methods and processes SAVI increases fuel efficiency at the same time decreases emissions and extends component life. For more information, visit SaViMediaGroup.com Safe Harbor Statement: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain other Joint Ventures. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission. Contact: SaVi Media Group Dr. Mario Procopio 800-916-5420 Mario.Procopio@SaViMediaGroup.com SaViMediaGroup.com