"While others have listed Armstrong as a favorite to
capture his seventh yellow jersey, we believe Lance's age, shortened training
schedule and the most competitive field he's faced in years will end his
championship streak.

Film and Music Entertainment is a publicly traded independent entertainment
production and distribution company, which produces high-quality,
theatrical feature films for worldwide distribution. There
can be no assurance that one or more of these factors will not have a
material adverse affect on the Company's current or future operations and
consequently, on the Company's business, results of operations, and
financial condition.

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Although many believe that he'll continue his reign in the world's most
grueling cycling event, PinnacleSports.----The California
Lottery has corrected a draw machine programming problem an observant
individual found in its Daily Derby horse-racing game, and will hold a
special bonus promotion, "Daily Derby Bonus", for players of the game
from May 18th through June 1st. "We regret
that there was an error at all, and we have determined that no other
California Lottery game has any problems. During
the promotional period, the Lottery expects winners of the Race Time
prize to win about three times the pari-mutuel payout for that draw . The first of
these films is "Ancient Blood," a current-day tale of alien invasion, which
is expected to commence principal photography on location this spring. Unreal Productions ("Man With the Screaming Brain,"
"Alien Apocalypse") is set to provide digital video effects with Zivic's Z
Music Entertainment set to provide the music supervision.

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Additional prize money will also be added to the Race Time
prize pool for two weeks, through June 1st.

PRESS RELEASE Film and Music Entertainment Signs 11 Picture Co -Production Deal

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Film and Music Entertainment, Inc.

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com has earned an industry-leading reputation for providing
consistent value to the player, professional customer service and the quickest
payouts online. When used, the words "anticipate," "believe," "estimate,"
"expect," and similar expressions as they relate to the Company or its
management are intended to identify such forward-looking statements .

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For more information, access the Lottery's website at
http://www. There
can be no assurance that the Company will be able to market, sell or
deliver successfully its services inside or outside the United States,
given risk factors including but not limited to unexpected changes in
regulatory requirements, export restrictions, tariffs and other trade
barriers, longer payment cycles, and fluctuations in currency exchange
rates, any of which could adversely affect the Company's operations.

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"Nothing is more important to the California Lottery than the
integrity of our games and we are grateful to have had this problem
called to our attention so we could quickly find and correct it," said
Chon Gutierrez, Acting Director of the California Lottery.

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Meanwhile, those
believing Armstrong is a sure bet to win his seventh consecutive Tour title
will find unequal value at PinnacleSports.

Statements included within this press release that are not historical in
nature constitute forward-looking statements for the purpose of the safe
harbor provided by the Private Securities Litigation Reform Act of 1995 .
Investors are cautioned that this press release contains certain such
forward-looking statements that involve substantial risks and
uncertainties.

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Fully licensed and regulated in Curacao and the United
Kingdom, the company offers a secure environment for sports betting, racing
and casino gaming."
The "Daily Derby Bonus" promotion will involve adding money to the
Daily Derby Grand Prize fund beginning with the Wednesday, May 18,
2005, draw.

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Lance Armstrong an Underdog to Win Seventh Tour de France at PinnacleSports.com

com believes
that Armstrong's historic career will end with disappointment, listing the
six-time champion at 4/5 odds to lose his final race.

This category is for the corresponding first digit or letter in the title of games.

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The Internet's largest sports betting site, PinnacleSports.
The game, which is the Lottery's smallest, with one -half of one
percent of all Lottery sales, is correctly designed to prevent the
same horse from finishing in more than one position by the end of the
race. No other games of the California Lottery were
ever affected, and an investigation has found that no comparable
software issues exist in any of the Lottery's other games.com

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com, who lists Lance Armstrong at
23/20 odds to retire wearing another yellow jersey.
"Shortly after announcing that he'll retire from competitive racing
following this year's Tour de France, we opened betting on whether Lance
Armstrong would capture his seventh straight Tour title," said Simon Noble of
PinnacleSports. With low
minimum bet requirements and the highest maximum limits on the Web,
PinnacleSports.calottery.

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"

Current Odds: *All Odds Subject to Change*

Will Lance Armstrong Win the Tour de France?
No 4/5
Yes 23/20

About PinnacleSports.

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WILLEMSTAD, Curacao, With Lance Armstrong
announcing that this year 's Tour de France will be his final race,
expectations are that he'll retire as the only seven time winner of the event.com was the first sports book to
introduce reduced margin wagering using a -105 pricing model that gives
bettors up to 50% better value on wagers than traditional bookmakers.

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com (http://www.

News Editors

SACRAMENTO, Calif.

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pinnaclesports. Founded in 1998, PinnacleSports .

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As soon as the California Lottery was advised of the error, the
complaint was investigated immediately . The programming error was
found and corrected. (OTC: FLME) announced today the Company has signed a letter of intent with 100%
Entertainment, Inc.Net

Film and Music Entertainment will executive produce and arrange worldwide
distribution.

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com.

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com has listed Lance Armstrong as an
underdog to win the 2005 Tour de France.

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com
PinnacleSports.

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California Lottery Corrects Problem in its Daily Derby Game; Special Bonus Promotion to be Held May 18 - June 1

The programming error, however , was incorrectly preventing the
time of the race from containing the same digit more than once. For
example, a winning race time could be 1:23, but not 1:22.
Stanley Isaacs ("Raptor Island," "Last Gasp") and Pat Corbitt ("Megalodon,"
"Raptor Island") are set to direct and produce with Ric Zivic ("The
Christmas Secret").

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and Red Hot Entertainment LLC, to co-produce up to 11
science fiction -horror genre films over the next four years.

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Players can expect the
Daily Derby Grand Prize for May 18th to be as high as $300,000.

Film and Music EntertainmentMacReport.

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com) is the Internet's
largest sports betting site, serving customers in more than 80 countries
worldwide.