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more positive news The MOU with an established advertiser (see ASX announcement below) looks like more good news.

I like the fundamentals of this share and think the SP will eventualy match the broker valuations. As this is somehwere between 3 and six times the current price, there is a very tidy profit to be had when it happens. i guess we wilhave to wait for some good financial figures before there will be any buyers. Maybe a 12 month time frame will see good returns?

Sellers currently outweigh buyers by about 3 to 1 giving strong resistance to any price rise.

I'd be keen to see a chart if anybody has the wherewithall to produce one and any other opinions.

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Creatable Media to form strategic alliance with Ultimate Media Group

· Forms alliance with leading out of home advertising sales organisation · Boosts sales capability

· Propels Creatable Media to next level to target $300m outdoor advertising market

Date: Monday 14 February, 2005 - Creatable Media (ASX:CLB), the leading tabletop
advertising company, has boosted its sales capability by entering into a memorandum
of understanding (MOU) to form a strategic alliance with Ultimate Media Group.

Ultimate Media is a leading advertising sales company, specialising in a range of out
of home advertising media, including taxi tops, university campus advertising, fitness
centre advertising, restroom advertising, and other promotional media. Its executives
and co-founders include Neil Mount, who was formerly Managing Director of Buspak
and CEO of Australian Radio Network, and Peter Cope, formerly Managing Director
of Adshel Street Furniture.

Under the terms of the alliance, Creatable Media and Ultimate Media will leverage
each other's sales and marketing expertise and use each other's advertising media.

Ultimate Media will be entitled to be issued shares in Creatable Media upon
achievement of several performance hurdles in relation to sales.

Scott Walters, CEO of Creatable Media, said the alliance would maximise the
company's growth rate in sales.

"As a new medium, we have spent a significant amount of time introducing the
concept of tabletop advertising to the market with positive results. This alliance now
enables us to take this process to the next level, building on the credibility and
experience Ultimate Media has in the outdoor advertising market.

"This market is worth around $300 million and is expected to grow at a faster rate
than more traditional media. With our exclusive, long-term contracts with major
shopping centre owners, we are well positioned to grow the business and this alliance
is a positive step as part of that process.
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Regards,
Keith
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