MIG CLOSES $1.85 Million Series "D" Round

ROYAL OAK, Mich., (October 1, 2002) --MIG Email Marketing (MIG) today announced the closing of a $1.85 Million Series "D" round of funding. The financing is in the form of Senior Subordinated Convertible Notes, and included M Group, a Birmingham, Michigan-based venture capital firm, and other existing and new investors. The financing is expected to take the Company to profitability in early 2003.

MIG CEO Mark J. Bennett commented, "We are very pleased to have closed this round of funding that should take us to profitability. In a tough funding and business environment, we continue to prove up our product and the sizable market need, and are on track for significant growth. We are also thrilled to have such supportive and value-added partners in M Group, who have helped move our company forward every step of the way."

"We are very excited about the progress MIG is making and the size and timeliness of the market need MIG is addressing," added M Group partner and MIG Board member, Josh Mondry. "We are also pleased we were able to close this round in a very difficult funding environment, which speaks to the merits of MIG's progress and opportunity."

About MIG Email Marketing
MIG is an Email Relationship Marketing firm providing turnkey, "no-tech" and low cost marketing and CRM solutions to more than 1200 retailers, service providers and consumer product goods manufacturers. The Company delivers highly targeted, ultra-permission emails that help drive in-store traffic, increase revenues and develop deeper and longer-lasting customer relationships. MIG is headquartered in Royal Oak (Detroit), Michigan with offices in New York, Los Angeles and Charlotte For more information, visit www.migemailmarketing.com.

About M Group, Inc.
M Group is a venture capital firm founded in 1993 and based in Birmingham, Michigan. The firm invests in internet, technology and software companies in which funds are targeted for new product launches, growth-oriented infrastructure or sales and marketing development. M Group also pursues small-middle market buyouts and recapitalizations in more traditional industry segments. For more information, visit www.mgroupinc.com.

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