1st in Malaysia… MVillage.com.my Offers Watch-As-Many-As-You-Want Movies Subscription for just RM1.99 a Day.

Kuala Lumpur February 17, 2004--MVillage.com.my today announces the availability of its popular watch-all-you-want online movie subscription service to all addresses in Klang Valley, Malaysia effective immediately. Previously its services (www.mvillage.com.my), which started only in mid-Dec 2003, were only available to movie lovers thru reference only. For a subscription fee as low as RM59.70 a month, subscribers will be able to have access and watch as many DVD movies as they want, with no time limit and no long term contract. The number of movies watched depends on how quickly each movie is returned and exchanged for new ones. There is no other fees like delivery or late fee, subscribers only pay the fixed low monthly subscription fee.

"MVillage.com.my wants to provide a realistically better alternative for Malaysia to enjoy movie entertainment at home by delivering excellent value, unbelievable convenience and widest selection thru its services," said Carlos Lim, founder and MD of mvillage.com.my. "Already with a subscriber base of a few hundred in our first test market, with only word-of-mouth as our main marketing tool, mvillage.com.my believes the main reason it is being embraced so quickly by the public is that it is even cheaper on a per movie view basis than the cheapest pirated products!"

MVillage.com.my is set to grow its subscriber base at a rapid clip as it expands its services to a broader market. New investment on a newly revamped website, online promotions and comprehensive promotions in the pipeline are evidences of mvillage.com.my commitment to deliver extremely good value and excellent service to its subscribers. From a value perspective, RM60 can buy anyone 6 pirated DVD movies, whereas a basic RM60 subscription to mvillage.com.my might means 12 movies a month (3 movies a week) or even more depending on how fast the movies are watched and returned. This brings the cost of each movie enjoyed to RM5 or lower. There is no more need to pay for low quality discs or purchase movies that you don't want to keep in your own library. One can always purchase only their favourite DVDs to keep at a later date.

MVillage.com.my offers virtually every movie available in Malaysia to date, mostly in DVD format. If a particular title is not released on DVD, it is being offered in VCD format depending on its respective distributor. All movie copies are original with B-Certificates and Holograms. With a growing catalogue of more than a thousand titles consisting of movies, Asian dramas, sporting events, musicals, documentary, etc, subscribers from all parts of Malaysia can now choose and watch any movies they want at any time with no restriction on availability and time.

Here is how it works: For as low as RM59.70 a month, subscriber creates and maintains a list of up to 20 movies he wants to watch from mvillage.com.my online catalogue or thru a mail-in catalogue list provided by mvillage.com.my. MVillage.com.my then immediately sends the first two movies to the subscriber by delivery. Once the subscriber has enjoyed the movie, he simply returns it by calling our pick-up telephone line and we deliver the next selection by the next day and take back the previous movies. And the whole cycle repeats itself again. Mvillage.com.my do requests for a nominal fully refundable deposit from each new subscribers. Sorry, this is Malaysia and it is to deter any sneaky ideas of not returning the DVD movies.

For subscribers who wants to keep more than two DVDs at any one time, they can opt for mvillage.com.my's other plans; RM74.95 for 3 DVDs & RM84.95 for 4 DVDs. Currently, the most popular plan is the basic RM59.70 per month plan where subscribers always have 2 DVDs at home. Full information can be found on the website at www.mvillage.com.my

New subscribers can try mvillage.com.my for by visiting www.mvillage.com.my or call 03-6203-2275.

Any press inquiries, please contact Carlos Lim at 6203-2275 or email at carloslim@pnp.com.my

Tan Kit Hong
Operations Director
www.mvillage.com.my
Bringing the Movies Home to You!




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