CMGO CMG Holdings Group Inc (PK)

CMG Holdings Group, Inc. (CMGO) (OTCQB: CMGO) (PINKSHEETS: CMGO) www.cmgholdingsinc.com, a full service marketing communications holding company operating across the sectors of digital media, social media marketing, alternative advertising, event management and commercial rights, today announced the launch of their "UsaveCT" digital coupon initiative.

UsaveCT, Inc. offers a new consumer savings solution allowing Connecticut small businesses to better connect and engage with its customers through digital coupons and interactive video commercials. As a wholly owned subsidiary of CMG Holdings Group, Inc., UsaveCT, Inc. will be based in New Haven and operate statewide across Connecticut enabling small businesses to leverage their digital coupons to increase customer interaction, coupon purchases and brand awareness. UsaveCT offers small businesses to build deeper relationships with their clients through enhanced value coupons available to their clients who click on the digital coupon tab and watch an interactive commercial video from the small business. After watching the interactive video commercial, which plays within the UsaveCT network site, clients receive digital or printable coupon offer to receive immediate savings and incentives from the small businesses.

"UsaveCT will expand on the growth of digital coupons in combination with interactive video commercials to deliver significant consumer to brand engagements versus traditional paper coupons. As consumer purchasing trends transition from print coupons into the digital landscape, it is essential for small businesses to understand precisely how to target and engage with their audience online," said Jim Ennis, Chief Operating Officer of CMG Holdings Group, Inc. "Our mission is to help Connecticut small businesses build deeper relationships with their clients by offering their products and services in an interactive platform. With the launch of UsaveCT, we will enable consumers to connect with Connecticut small businesses through our unique digital coupons and interactive video content and deliver additional levels of analytical data and strategies ensuring that they reach their consumers and improve their ROI. UsaveCT will be a great place to go for Connecticut residents to save money regarding their favorite products, services and brands."

"We have been in discussions with the Department of Economic and Community Development in Hartford over the past several months as part of their statewide initiative to spur job creation and small business growth and we have also been working with the Economic Development Corporation of New Haven regarding our launch in New Haven," said Jim Ennis. "We believe UsaveCT's digital coupon and interactive digital media offering will be an excellent platform that will assist the economic growth of New Haven's small business community, improve job creation and provide significant savings for New Haven and Connecticut residents. One of the reasons we are excited to launch in New Haven and expand across Connecticut is the Department of Economic and Community Development's dedication to job creation, small business economic growth and their commitment within digital media industry. Having a presence in New Haven will also allow us to attract highly-skilled digital media professionals who are familiar with small business community across the state of Connecticut."

Companies who are interested in learning more about UsaveCT, Inc., and its innovative digital coupon platform or CMG Holdings Group, Inc. should visit www.cmgholdingsinc.com or contact Jim Ennis at Jennis@CreativeManagementGroup.com.

About CMG Holdings Group, Inc. (CMGO):

CMG Holdings Group, Inc. is a full service marketing and communications holding company. CMGO's mission is to build a national platform of exceptional companies that deliver solutions in the areas of alternative advertising, social media marketing services, event management and commercial rights. CMGO is seeking to expand its national presence via its acquired companies, capitalizing on their intellectual properties, patents, sales and marketing, new product development and continued operations via economic recovery. CMGO owns and operates wholly-owned subsidiaries, XA, The Experiential Agency, Inc. and Audio Eye, Inc.

For more information, please visit: www.cmgholdingsinc.com

About XA, The Experiential Agency, Inc. (XA):

XA, The Experiential Agency, Inc. is a wholly-owned subsidiary of CMG Holdings Group Inc. and has offices in Chicago and New York from which it provides corporations and highly visible brands with comprehensive event marketing, design, public relations and production services. The XA brand has a 20 year history and its team has been the creative force behind prestigious, national projects for such clients as NBC Universal, Unicef, Harrah's Entertainment, Conde Nast, McDonalds, W Hotels, Emirates Airline and Ritz Carlton.

For more information please visit: www.expagency.com

About XA Social:

XA Social is part of the XA consolidated platform and excels in social media strategy; from a social media 101 seminar, to advising and monitoring, overall management and ROI. XA Social believes social media is not a fad, but rather an extension of good public relations that is here to stay. XA Social creates lasting connections between consumers and brands in order to engage in two way communication. XA Social helps clients build their brands through innovative and authentic social media tactics and aids in creating environments of conversation and engaging relevant consumers with brands through personal interactions.

For more information please visit: www.xasocial.com

About AudioEye, Inc. (AudioEye):

AudioEye, Inc., founded in 2003, is a wholly-owned subsidiary of CMG Holdings Group Inc. with offices in Tucson and Chicago. AudioEye has developed patented, Internet content publication and distribution software enabling conversion of any media into accessible formats and allowing for real time distribution to end users on any Internet connected device. Audio Eye is focused on creating better and more comprehensive access to Internet, print, broadcast and other media to all people regardless of their network connection, device, location, or any disabilities or disadvantages an individual may have. Audio Eye solutions include comprehensive E-Learning and E-Commerce systems as well as a variety of Internet publishing products and services that enable customers to create and deliver accessible, highly scalable web-based applications.

For more information please visit: www.audioeye.com

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words 'believes,' 'expects,' 'intends,' 'will,' 'anticipated,' or 'may,' and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K; its quarterly reports on Forms 10-Q; and any reports on Form 8-K. CMG Holdings Group, Inc. (OTCQB: CMGO) (PINKSHEETS: CMGO) takes no obligation to update or correct forward-looking statements and also takes no obligation to update or correct information prepared by third parties that is not paid for by the Company.

Contact: Jim Ennis CMG Holdings Group Inc. 5601 Biscayne Boulevard Miami, FL 33137 305-751-0588 Jennis@CreativeManagementGroup.com