Double O Radio Acquires WDOS-AM and WSRK-FM from Ultimate Broadcasting Network

September 15, 2005

Double O Radio, LLC has agreed to purchase the assets of radio stations WDOS-AM and WSRK-FM, serving Oneonta, NY,  from Ultimate Broadcasting Network, Inc., for $3,800,000.*

OO Radio through various entities is the licensee of 15 stations.  _Double O Radio_s solid foundation in New York State is strengthened by the acquisition of Ultimate Broadcasting.  We are excited about our company_s prospects in this region of the country,_ Terry Bond (President and Chief Executive Officer)

Robert J. Maccini acted as the exclusive broker in this transaction and represented Ultimate Broadcasting Network, Inc.

* Pending FCC Approval