PRESS RELEASE

SOURCE: First Flight Out Films

New York, NY -- First Flight Out Films has announced today that screenwriter Mark Lugo has completed final drafts of his debut film, Sportsbook. The script, which is completely about sports gambling in America, shows how offshore sports bookies go offshore to keep it legal. Lugo who visited Costa Rica, which is home to over 100 offshore online casinos offering sports betting action, says, "I am delighted to finally have finished such a delicate piece that uncovers, in an artistic way, a very real part of American life, everybody bets on sports from college professors to surgeons to policemen, everybody bets on sports." He added, "This film will, without a doubt, cause much controversy among the sports industry, from the NFL, NCAA and Major League Baseball."

Although, First Flight Out Films is still seeking a partnership with a major production house, it is confident that American audiences will have a chance to see the other side of the sports world by no later than early next year. "We are willing to produce the film independently, if no major production house comes forward to reasonable offers", said Lugo. He added, "A few years ago Bryant Gumbel, HBO Real Sports, did a segment on sports gambling that totally fascinated me. I had to write a movie about this. And I did."

Sportsbook production updates will be available on the company's website, FirstFlightOut-Films.com periodically starting as of February 20, 2004.