XA, events and marketing subsidiary of CMG Holding Group

CHICAGO and NEW YORK CITY, March 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — A New York resident hears and answers a phone ringing in one of the iconic British phone booths that suddenly popped up across Manhattan recently. Confetti rains down, the New Yorker wins tickets to experience the best of UK culture and the “Great Calling”, a major public relations campaign launched by the wholly owned subsidiary of CMG Holdings Group, Inc (OTC: CMGO), XA, The Experiential Agency, is successfully underway. (http://www.experientialagency.com)

“Great Calling is part of an international campaign to promote UK tourism,” said Alexis Laken, President of XA, The Experiential Agency.

Additionally, as part of the campaign, XA created the world’s first AI Banquet. In collaboration with London design studio Bompas and Parr, Dr. Shama Rahman and NeuroCreate, the event produced a bot of the desired guest and chose an actor who could play that role.

A low-key technology system allowed the actor to interact naturally with diners while being fed lines in response to the conversation provided by an AI agent behind the scenes. “An ingenious turntable allowed guests to interact with each of the assembled British AIs, while weaving their way through a feast of dishes from four nations,” explained the XA chairman.

“We will continue the campaign as the global situation calms down and the time is right to introduce the stunningly and surprisingly modern UK to American travellers,” Ms Laken said.

The new campaign follows a highly successful effort to introduce a new diet for major pharmaceutical company Genesis, the maker of Plenity®, a new approach to weight management that challenges the idea that people can’t eat the foods they like and also lose weight.

“We are very pleased that XA has been approached by a number of new customers and a number of our repeat customers. J. Crew, Timberland, Madewell and Moschino are discussing events for this spring and summer,” said Glenn B. Laken, CEO of holding company CMGO.

In a recent media interview, Mr. Laken said that XA’s revenue could approach $4 million in 2022.

About CMG Holdings Group, Inc.

CMG Holdings Group, Inc. (https://www.cmgholdingsinc.com/) is a Chicago-based holding company whose principal operating subsidiary is XA – The Experiential Agency, Inc. (http://www.experientialagency.com) – which engages in the sectors of alternative advertising, digital media, experiential and interactive marketing and entertainment. XA is involved in production and promotion, event design, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set design, as well as data analysis and management. The company also offers branding and design services, including graphic, industrial and packaging designs in traditional and new media, public relations, social media, development and media relations, and interactive marketing platforms to provide its customers with customary private digital media networks to design and develop individual broadcast digital media channels to sell, promote and enhance their digital media video content through mobile, online and social. XA serves clients in the marketing communications industry. Separately, CMG Holdings Group owns Lincoln Acquisition Corp., a subsidiary created to manage its portfolio investments.

Disclosure Statement

The statements in this press release regarding our future expectations, including, but not limited to, the likelihood that CMG Holdings Group, Inc. will succeed and be profitable, will deliver significant value to its shareholders and will benefit from the capital markets. to execute its growth strategy, forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as such term is defined in the Private Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from the expected results. The Company undertakes no obligation to update or publish revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unforeseen events, except as required by law. CMG’s business strategy described in this press release is subject to innumerable risks, the most important of which is whether the Company succeeds in securing adequate financing and significantly reducing its convertible debt. Nothing in this press release should be construed in any way as an indication of future earnings, financial condition or share price of the Company.

Contact:

Paul Knopick

E&O communications

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