BROOKLYN, N.Y., July 26 /PRNewswire-FirstCall/ -- Multimedia Tutorial Services, Inc. (OTC:MMTS) (BULLETIN BOARD: MMTS) , a leading developer of educational content and marketer of math tutorial programs announced the results today for its first fiscal quarter ended May 31, 2007. Net sales for the three months ended May 31, 2007 were $179,742, compared to $246,319 for the three months ended May 31, 2006. The lower overall sales for the period were primarily a result of the Company spending less on advertising as it continues to optimize the efficiency of its online marketing, against the backdrop a more competitive internet environment and the introduction of its new products. The lower expenditures are consistent with the Company's objective to build sales on a profitable basis. In this regard, the Company has since retained an internet advertising agency to develop new strategies, which has already resulted lower lead and customer acquisition costs. The Company continues to report high gross profit margins, approximating 85% of sales. Net Loss from operations for the quarter, before non-cash charges for depreciation and amortization, accrued interest, stock-based compensation and amortization of deferred costs was $120,924 compared to $54,985 for the same period in 2006. According to Barry Reichman, Multimedia's President, "The Company is quite pleased that it was able to control out-of-pocket costs and maintain relatively stable quarter-to-quarter operating results while it committed additional financial resources to broadening its product line and optimizing its online marketing strategies, which contributed to the increased Net Loss for the period." Reichman added that "The Company has been gearing-up for the new school year to market its enhanced line of supplemental education tools for both the home and classroom, which includes Math Made Easy, English- as-a-Second-Language, The Tutorial Channel, Sat Test Prep and its soon to be launched 'Live Interactive Online Classes.' In this regard, the Company is currently developing marketing partnerships and creating new advertising programs for both online and traditional media campaigns that are planned to begin in September. As sales of the Company's tutorial products are generally lower during the summer months, it is not likely there will be any significant improvement in sales until our third fiscal quarter ending November 30 2007." "We also believe that the Company's enhanced line of products and services combined with its recently announced joint-venture with Winner Media and its engagement of Investor Relations Group can greatly contribute to the company's future growth prospects," concluded Reichman. About Multimedia Tutorial Services, Inc. Multimedia Tutorial Services, Inc. has key strengths in educational product marketing and development. To date, the company's premier tutorial program, Math Made Easy(TM) has been purchased by over 300,000 families, representing in excess of $30 million in sales since inception. In addition, several thousand schools and colleges throughout the country have acquired the Math Made Easy(TM) series for their libraries and classrooms. Math Made Easy(TM) is widely recognized as one of the nation's foremost home tutorial programs. Since 1995 Multimedia Tutorial Services, Inc. has invested over $10 million in national advertising to create significant brand equity in the Math Made Easy(TM) name. The tutorial series has been featured on CNN, Bloomberg, ABC News Radio and other major networks. The Company's sales are made primarily through online direct advertising backed-up its own call center and customer service operation. Information about the company's products and services can be found at http://www.mathmadeeasy.com/ and http://www.tutorialchannel.com/. The Tutorial Channel's real-time live tutoring service provides its products through http://www.tutorialchannel.com/, where students and parents can utilize online exams, printable workbooks for "off-line reinforcement," streaming video and audio lectures, along with exam result reports and tutor notes to allow parents to gauge their children's progress. With the Tutorial Channel's intuitive diagnostics, the site automatically creates tests for students and provides real-time skill assessment to help parents evaluate the progress of their children. "Test Prep Made Easy" division will specialize in direct online standardized test preparatory training for the five major college standardized tests, which include, PSAT, SAT, SAT2, AP and ACT. This program will offer personalized online assistance in both Mathematics and English. "Test Prep Made Easy" will address and target both the first-time test taker and the experienced student who taken specific standardized tests and has identified a need and a want to improve his or her existing test score level. The ability for a student to go online to both identify and improve their weak areas on a one-on-one basis with a live coach will provide a more convenient and affordable alternative to expensive tutors and away-from-home learning centers. Forward Looking Statements Some paragraphs of this news release, particularly those describing Multimedia's strategies and business plans, contain forward-looking statements within the meaning of Section 27A of the Securities of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Multimedia is working to achieve those goals, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in marketing their products and services, need for capital, competition from other companies and other factors, any of which could have an adverse effect on the business plans of the subsidiary companies of Multimedia, its reputation in the industry or its expected financial return from operations. Factors such as these could have an adverse effect on Multimedia results of operations. In light of significant uncertainties inherent in forward-looking statements included herein, the inclusion of such information should not be regarded as a representation of Multimedia or any other person that the objectives and plans of Multimedia and its subsidiaries will be achieved. DATASOURCE: Multimedia Tutorial Services, Inc. CONTACT: Anne Reichman of Multimedia Tutorial Services, Inc., +1-718-758-3807, ; or The Investor Relations Group: Investor Relations, Erika Moran or Tom Caden, or Media, Lynn Granito or Steven Melfi, +1-212-825-3210 Web site: http://www.tutorialchannel.com/ http://www.mathmadeeasy.com/

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