Buzz in $300 Million Pre-IPO Exchange

HONG KONG–(EMWNews – August 18, 2008) – Buzz Technologies, Inc. (PINKSHEETS: BZTG),

listing in

Hong Kong, China, is making sound progress. And the initial Information

Memorandum will be available in the coming 2 weeks. Supported by a team of

highly respected accounting, insurance, finance and corporate

professionals,

the listing is coming together very well. We expect audits of the USA

corporation to be released to market and the finalization of existing

contracts exchanging ownership rights in exchange for 300,471,362 shares @

$1, (this may or may not vary from valuations of the Businesses,

Intellectual Property, Property and Contracts, some of these valuations are

still awaiting final appraisal) in the entity to be listed in Hong Kong.

The

information memorandum will contain the current business model, details of

each business being operated and future prospects. The declared dividend

will be paid as individuals and corporations exchange their USA equities

for

those in the new entity.

The introduction to the Information Memorandum flags a number of

developments that have never been detailed to the public; an excerpt

appears

below;

Buzz has through necessity and opportunity grown into a diverse group of

companies, spanning a number of industries and countries. Although on the

surface it may not be immediately recognizable, the businesses are in fact

tied together in one clearly defined area: they are all businesses that are

technology dependent. Buzz has pioneered the way in unleashing the full

potential of technology in the markets that have the least technological

resources, the emerging markets of Asia.

After starting with a VoIP service and acquiring an IT firm, we set about

building a search engine and accompanying ad delivery platforms. Like

anyone in or entering the online search and ad business, there is one

seemingly insurmountable problem. With Google having dominated Internet

search

and advertising for many years and continuing to grow stronger year after

year, how does anyone catch up? After reviewing all of the competing

services we seen an opportunity to capture the publisher market with live

customer support, free web assistance and better privacy in the Asian

Market. Problem solved? No. To enter the online ad market you need, apart

from very advanced technology, 2 distinct groups of customers, publishers

who will display your online ads, and advertisers who will buy that ad

space. As you cannot sell ad space you do not have, you must first acquire

the publishers as clients, Problem solved? Still, no. A further and much

more difficult barrier to entering the search and online ad market is that

you must first acquire those publishers, after the publishers are using

your

ad and search services you must be able to fill those ads with revenue

producing product or be happy to accept massive cash outflows while you

hunt

for advertisers. This is where necessity played its part in building Buzz.

Rather than turn our backs on one of the world’s most lucrative businesses,

that of online ads and search, we decided to select a single market, in our

case Thailand, build the businesses and form alliances to fill the ad space

prior to the commencement of our search and online ad network. After study

of the local market we decided that to fill the online ad space and make a

very high return on investment we needed a number of businesses, Real

Estate, Travel and Financial Services, the 3 key core businesses that

provided revenue from online ads. The best of the 3 businesses by far was

Real Estate. With 80% of the world’s property sales being leads generated

online, we chose that business to invest in and grow ourselves. For

Travel,

we partnered with Expedia and for Financial Services initially with

EasyForex and subsequently Maritime Securities in the Bahamas.

When we launched the service in May 2008, we quickly signed The Bangkok

Post

and the search and online ad network has continued to grow since then. Our

Property Division, One-2-Property has seen enormous growth fueled by

occupying Thailand’s most sought after online ad space, as have Travel and

Financial Services. Our returns on the ad network exceed all our

competition in the local market because of our own innovation and careful

planning.

The ad network has now expanded into China with Travel and Financial

services being well received. Our market in China comprises mostly Internet

cafes with a male audience of 15 to 25, this required a rethink of the

Thailand model and through Amazon and other MMORPG supplier, we have built

a

successful games distribution network providing not only sales but income

from recurring monthly fees. To further cement our place in these cafes we

have also made available VoIP and other services available at the counter.

We deferred other publisher deals in Hong Kong and China until we have

opened our Real Estate offices there later this year.

That brings us to opportunity, what we did see in Asia and around the world

were the many start-up companies looking to raise funds. They were all or

in-part to build, develop or buy technology, and Buzz having access to the

best and cheapest IT talent in the world, this was a natural fit. It cut

out

almost all downtime and generated a constant stream of work, making us, and

our contractors very busy and substantially more profitable. Thus was born

Buzz Venture Capital. Buzz Venture Capital brings together a unique

offering, IT Services, Marketing, Property and Financial Services all under

one roof. We have built a wide and substantial portfolio of investments in

companies at different stages of development. Our early entry and deal

structure have created a very secure high value asset for the company.

About Buzz

Buzz Technologies, Inc. is a convergent media company with operations

ranging from infrastructure development to online retail.

The foregoing press release contains forward-looking statements based on

the

Company’s beliefs as well as assumptions made by and information currently

available to the Company, including statements regarding the timing of the

introduction of certain products. These forward-looking statements are

based

largely on the Company’s expectations and are subject to a number of risks

and uncertainties which are identified and described in the Company’s

registration statements and periodic reports on file with the SEC, some of

which are beyond the Company’s control. Actual results could differ

materially from these forward-looking statements as a result of a variety

of

factors including, among others, issues related to the travel and

transportation industries, and prevailing economic conditions in general.

In

light of these risks and uncertainties, or should underlying assumptions

prove incorrect, there can be no assurance that the forward-looking

statements contained in this press release will in fact transpire or prove

to be accurate.