Alpha Media Group Inc. Names Stephen Duggan Chief Financial & Operating Officer

NEW YORK--(Business Wire)--
Alpha Media Group Inc. CEO Kent Brownridge has named Stephen
Duggan Chief Financial & Operating Officer. In this role, Duggan will
oversee Corporate Finance, Legal Affairs, Production, International
Licensing, Human Resources, Administration, and IT for the Alpha Media
Group Inc. properties including, Maxim, the largest young men's
lifestyle magazine in America, Maxim Digital, the fast growing family
of websites and mobile properties for young men and Blender, the
award-winning music magazine.

Duggan joins Alpha Media Group Inc. from Publishing Group of
America, Inc. where he has been Chief Financial Officer since 1999.
Duggan was a member of the founding management team when Publishing
Group of America launched American Profile in 2000, which was later
named the "Most Notable Launch," by Mr. Magazine. Duggan was
also instrumental in the launch of Relish magazine, a monthly
newspaper dedicated to America's love of food, in 2006. In 2003,
Duggan was named Chief Operating Officer in addition to his title of
Chief Financial Officer.

Kent Brownridge said, "Stephen's extensive experience in
publishing is an invaluable asset to our organization--I am thrilled
to welcome him to Alpha Media Group."

About Alpha Media Group Inc. Alpha Media Group Inc. is a
multimedia company that includes Maxim and Blender magazines and Maxim
digital. Maxim magazine is the most successful young men's lifestyle
magazine in America reaching more than 12.4 million readers each
month. Blender is a general interest music magazine that reaches
nearly 2 million readers monthly. Maxim digital encompasses Maxim.com,
Blender.com and Stuffmagazine.com and reaches more than 5 million
unique visitors each month. Maxim magazine is published in 47
countries; Maxim radio is broadcast on Sirius Satellite radio on
channel 108. Alpha Media Group Inc. is owned by Quadrangle Capital
Partners II LP, a private equity fund focused on the media and
communications industries.

Alpha Media Group Inc.
Nora Haynes, 212-372-3915
nhaynes@alphamediagroup.com

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