XRAYMEDIA Sets Automobile Industry as Its Newest Live Negotiating Technology Application

NEW YORK & VANCOUVER, British Columbia--March 1, 2005--XRAYMEDIA, Inc., (OTCBB:XRYM), the media industry's leader in real-time negotiating technology, continues to build on its expanded live negotiating system, driving into the automotive sector with the Company's newest live negotiating application. The Company has commenced preparations to provide the next level of automotive e-commerce with its live negotiations technology.

As today's consumer becomes more web-savvy, the Internet plays an integral role in researching and transacting major purchases. The automotive sector is no exception. A recently published J.D. Power and Associates survey revealed that almost 80% of new motor-vehicle buyers use the Internet at least once in the process of researching and buying. 88% of consumers visit automotive websites, before ever setting foot in the dealers' showroom. Industry experts foresee steady growth for Internet auto sales. Dealers who use the Internet to sell have already noticed a shift in buyer perspective, as top dealers using the Internet to reinforce their bottom line sold 33% more vehicles in 2001 than 2000, and additional 22% more vehicles in 2002, according to Ward's Dealer Business. Jupiter Media Metrix's Julie Ask speculates "Nearly one in three new car purchases in the U.S. will be an Internet-generated sale by 2006," this represents approximately 5.7 million cars, 32% of all new car deals.

XRAYMEDIA President and CEO Raymond Dabney comments, "XRAYMEDIA's live negotiating technology has garnered a second look from many industry professionals and entrepreneurs looking to streamline their own operations. The new open technology concept behind the company's trademark web application allows for infinite business opportunities. Secure wide-scale user-based technology provides a peek into the e-commerce standard of tomorrow allowing instant, private, one to one, or one to many negotiations. I'm very pleased with the progress of our discussions with businesses from various industry sectors in regards to private label licensing of our technology, we are fortunate to be in a position to be actively fielding these types of licensing inquiries."

XRAYMEDIA's live negotiating technology proves to be a diverse tool adaptable to an array of industry applications. The Company explores the automotive sector as it builds the latest installment in its public live negotiating application series. XRAYMEDIA constructs a one-stop, car shop that enables the user not only to shop, but also to instantly negotiate and purchase vehicles online. From car dealerships to private individuals, anyone can list a vehicle for sale or purchase from the extensive inventory within the dynamically updated system database. Listing all makes and models of motor vehicle, The new site is bound to carry what users are looking for and if it's not apparent in the system inventory, users are also able to place buy orders, outlining what type of vehicle they are looking for.

About XRAYMEDIA's Live Negotiating Technology

Central to XRAYMEDIA is its unique live negotiating technology; under years of development this technology has been solely deployed in media industry. Available to the global community, 24 hours a day, 7 days a week, XRAYMEDIA will now release this proprietary technology to virtually every industry worldwide, with video and image components allowing users to thoroughly evaluate merchandise, and other such offerings, before initiating live negotiations. Permitting multiple negotiations simultaneously, online, via a secured, encrypted platform XRAYMEDIA is proud to release one of the most powerful technologies for live Internet negotiating on the market today.

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.