Private Media Group Expects to File Form 10-K During Week of April 19

BARCELONA, Spain, April 16 /PRNewswire-FirstCall/ -- Private Media Group, Inc.(Nasdaq: PRVT) a worldwide leader in premium-quality adult entertainment products, today announced that as previously reported on April 1 in a filing with the SEC, Private Media Group, Inc.'s Form 10-K could not be filed on the prescribed due date, March 31, 2010, as Private had not yet completed its financial statements for 2009. At that time the Company hoped to be able to file Form 10-K no later than April 15, the extended due date.

The Company has experienced unavoidable delays in the preparation of its financial statements as a result of the acquisitions of two businesses completed in 2009, the GameLink and Sureflix group of companies. Therefore, Private will require additional time to complete its Form 10-K and allow the directors adequate time to review the report before it is filed. The Company expects to file Form 10-K during the week of April 19.

About Private Media Group

Founded in 1965, NASDAQ listed Private Media Group is a brand-driven world leader in adult entertainment, operating a global content distribution network with a wide range of platforms including mobile telephone handsets via 104 network operators in 45 countries, digital TV via 38 platforms in 24 countries, broadband Internet, television broadcasting, DVDs and magazines. Private Media Group owns the worldwide rights to its extensive archive of high-quality content, and also licenses its Private and "Silver Girls" trademarks internationally for a select range of luxury consumer products. Private is the world's preferred content provider of adult entertainment to consumers anywhere, at any time and across all distribution platforms and devices.

Corporate site: prvt.com, consumer sites: private .com, gamelink .com and maleflixxx .tv

Disclaimer

This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company.

SOURCE Private Media Group

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