Mellon Research, Inc. Announces Club XTReme Portal Update


SCOTTSDALE, Ariz., Nov. 5, 2004 (PRIMEZONE) -- Mellon Research, Inc., (Pink Sheets:MLON) the market leader in providing boutique investment banking services to private mid-cap companies, is announcing today that its Club XTReme Portal is being developed, syndication deals for audio and video content are being negotiated and advertisers are being contacted to develop sponsorship opportunities.

"We have retained a high-end website development firm that specializes in creating very sophisticated websites that incorporate Flash optimization, coupled with multimedia content," said Mario Pino, CEO of Mellon Research, Inc. "We anticipate launching our portal by the end of this calendar year and deploying a launch advertising campaign that will be targeted for the 18-35 year old demographics to drive market awareness. These fun-oriented online consumers are constantly scouring the web for new entertainment that is cutting edge and dynamic. And we are going to provide them with an online entertainment portal that allows them to view, listen to and download content and couple this with new tools for communications and entertainment."

"We are also in early stage negotiations with a broad number of video and audio content providers about licensing their content for rebroadcasting via our site. We are also offering the ability for any band to upload their own video and audio and to make this content available to our community for downloading and/or purchase, with Club XTReme taking a revenue percentage of each recorded track that is sold. Club XTReme is also in early stages of negotiations with a broad number of companies who we are offering a unique embedded content advertising program to generate revenue for us from day one."

About Mellon Research, Inc.

Founded in the fall of 2003 by Mario Pino, Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via: IPO's, Reverse Mergers, Bridge Capital and or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep(tm) services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public. For more information please contact Mario Pino, CEO, 602.912.5870, 2415 E. Camelback Road, Suite 700, Phoenix, AZ 85016, mellonresearch@aol.com, www.mellonresearch.com

This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.


            

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