eMax Corporation Announces Plans to Take Second Subsidiary, EMAXNET, Inc. Public Within the Next 90 Days and Pay a Stock Dividend to EMAX Shareholders

ORLANDO, Fla., March 12 -- eMax Corporation (OTC Pink Sheets: EMAX) plans to take subsidiary, EMAXNET, Inc., public within the next 90 days. The stock dividend will be the second planned dividend to EMAX shareholders. The terms and conditions of this transaction will be announced by eMax Corporation in the near future.

eMax Corporation, is a holding company that operates a collection of multimedia and family entertainment content through two subsidiaries and two divisions: Gateways Entertainment, Inc., EMAXNET, Inc., eMax Music, and eMax Studios. The four operating areas offer technology-driven, high-quality products and services focusing in pre-recorded music, outdoor sports, special events, feature film production, and television programs.

  EMAXNET:
  * Formed alliance with IDVDBOX, Inc., http://www.idvdbox.com/ , to form a
    new interactive entertainment company, World Access Entertainment.
  * EMAXNET plans to apply for publicly trading status as a global
    interactive media and entertainment conglomerate, "World Access
    Entertainment".
  * Plans to launch an independent 24-hour broadcast network that will
    showcase all family entertainment movies, television shows, and music.
  * Launched family portal, http://www.emaxnet.net/ .
  * Launched affinity program, http://www.emaxnet.net/affinity .

During the past few years, eMax has focused on building its foundation of entertainment content while maintaining the goal of family oriented and G-Rated programming. eMax believes in the responsibility to promote family entertainment and media programming bringing once prominent wholesome moral values back to our homes and children.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the future press releases of EMAX.