SNM GLOBAL HOLDINGS PRESIDENT ISSUES COMPANY UPDATE TO SHAREHOLDERS

Stamford, CT - (WORLD STOCK WIRE) - July 1, 2009 -- SNM Global Holdings (OTC Pink Sheets: SNMN) issued a statement to all shareholders on the review of the past company policy and future of the company.

From the Desk of Steve Lane-
To All the Shareholders of SNM Global Holdings,

SNM Global Holdings has gone through changes over the past year as it continues with the development of their business plan. Over the past months they have transformed from an Indian Media company to a Sports and Entertainment live event Media Company with a focus on Entertainment and Sports live event production, development of content, a public relations division licensing and technology development.

They are all good ideas and we will attempt to revisit all of those ideas in the future but at the present time we are going back to our basic core ideas and have tabled all other ideas.

The MMA Independent Alliance has been disbanded and all operations ceased, the technology plans have been tabled and as such, William Browning has stepped down and left the company, Dr Spins Public Relations never got off the ground and is no longer in our plans.

The company plan has evolved with a focus on Development, Delivery and Distribution of content.

SNM will partner with Live Event producers both in the Sports and Entertainment industries with the focus on development, delivery and distribution of content rather than the production of the actually event.

When the SNM revolution occurred the main focus was to produce events for the Development, Delivery and Distribution of CONTENT, but somewhere along the way the company focus swayed more towards the production of the live event itself. I intended to get the company back on message and back to its plan which is to create, acquire, develop, deliver and distribute Sports and Entertainment content to maximize revenues.

Let me elaborate-

Develop – Through partnerships, joint venture and co-promotion relationships SNM Global Holdings will focus on filming or acquiring the content from Sports and Entertainment events.

Delivery – Through our subsidiary – SNM Broadcast Network will stream the content via the internet on our website and through other relationships being discussed. The company is also planning to develop relationships with broadcasters (Network, Radio and Cable) for delivery of our content.

Distribution – Our distribution footprint is in place and expanding. Our Subsidiary, LGN Entertainment Distribution has distribution contracts in place with SONY Red for domestic digital distribution, INGROOVES for worldwide digital distribution and Select-O-Hits for physical or retail distribution.

Digital sales have been strong and will continue as the mobile markets continue strong growth. This market will include Music, Ringtones, Wallpaper, Film Clips and the Streaming of Content (Full Version).

Physical or Retail – the main focus will be on DVD sales (which is still strong) but we will consider Music sales for a proven artist and if we can pack for a DVD/CD release.

Another aspect of my business plan is acquisitions and my first move was to acquire Good News Global Events and Distribution. We have an LOI in place and are working towards closing the deal. Good News gives us an International flair and opens the Jamaican and Caribbean market as well as distribution of the Gospel and Family –friendly markets.

As I stated previously:

”Good News Global Events and Distribution’s President/CEO Myshjua Archibald is a former operations manager of Tuff Gong International Miami a native of Los Angeles, California and whose multicultural upbringing bridges the major hubs of the entertainment industry. The acquisition is extremely positive for LGN and SNM Global Holdings and we are all excited about our expanded relationship with Good News and Myshjua. Myshjua has been a long time client of LGN and friend of family. Good News brings a great new dimension to the LGN and SNM Global Holdings. Our plans are to Co-Promote live events both in the United States and Jamaica as well as deliver content for streaming and /or broadcast as well as Distribution via DVD, Mobile and Digital.”

As previously stated, the company debt is a worry and I am going to make it my mission to reduce the debt of company and secure the necessary financing to move the company to the OTCBB!

Thank You for your time,
Steve Lane
President/Chairman
SNM Global Holdings


In other news….CEO William Browning has stepped down as CEO, CTO and resigned his position as Chairman of the board of directors. The company wanted to thank Will for his effort and once the company is a bit further along with its plan we can then revisit technology development.

The company is updating the company website. The company is also considering moving the corporate office to Orlando, Florida.

About LGN Entertainment Distribution Inc

L.G.N. Entertainment began in 2002 by focusing on the rich independent urban music and providing the artists that made up the scene with a distribution option to give them access to all the major accounts located in their region. Since then, we have developed a strong distribution network both regionally and nationally and work to provide our services to a broad range of accounts and regions, both in digital and physical formats.

About SNM Global

SNM Global Holdings is a business development company that specializes in the Development, Delivery and Distribution of content in the Sports, Entertainment and Technology industries through their subsidiaries that will include strong support and promotional strategies.
Services to include: CO or Partnership of the Promotion of Sporting & Entertainment Live Events, Delivery of Content via Web Broadcast, Cable, TV and Radio, New Media Technology / Social Networking projects, Internet/Broadcast as well as Pay per View Events.


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays and risks detailed from time to time in the company filings with the Securities and Exchange Commission.



Contact:
Investor & Media Relations
WSMG -Tel: 760-329-4169
Email: snmn@wsmg.biz
www.twitter.com/snmglobal


William Browning; snmglobalholdings@gmail.com
SNM Global Holdings
-
Stamford, CT 06901
USA

Phone: 203-724-4649


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