SEATTLE, WA--(MARKET WIRE)--Aug 26, 2008 -- ReelTime Rentals, Inc. (Other OTC:RLTR.PK - News) -- http://www.ReelTime.com, a leading global provider of media entertainment, is scheduled to release the Mid-Year Letter to Shareholders on Tuesday, August 26, 2008, at approximately 2:00 p.m. eastern time, where it can be accessed on the Internet at: http://www.reeltime.com/information/midyearletter.aspx.

The update will include Chief Executive Officer Barry Henthorn's 2008 interim letter to shareholders and other information about ReelTime's distribution, technology and financial positions, including a briefing on operations.

"ReelTime is an online media leader in that we have tirelessly worked to develop an end-to-end delivery platform that provides piracy-proof streaming content, allowing consumers the best possible online movie experience," Henthorn explains. "However, the technology beneath the surface, management of content, and the support of flexible business practices is one which allows all streaming video providers using the ReelTime platform to cut their bandwidth costs by as much as 97%."

About ReelTime Rentals, Inc. (www.ReelTime.com)

ReelTime Rentals, Inc. (Other OTC:RLTR.PK - News) is a leading global provider of online movie and television content with innovative Intelligent Rapid Delivery System (IRDS) technology that not only significantly reduces bandwidth distribution costs by up to 97%, from traditional sources, but also increases quality and resolution for consumers, all at the same time. With major content deals signed with Sony, Disney, Lightworks, ReelMMA.com/LG Sports Marketing and TMS Entertainment USA, ReelTime is quickly changing the larger online movie distribution paradigm. ReelTime Rentals, Inc. (www.ReelTime.com) is headquartered in Seattle, Washington.

Forward-Looking Statements

This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future events or transactions, sales of products or performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to execute its business plan, having necessary financing in time to meet contractual obligations and support the business activity, and other such risks as the company may identify and discuss from time to time, including those risks disclosed in the company's current and future filings with the Securities and Exchange Commission. Accordingly, there is no certainty that the company's plans will be achieved.

     FOR FURTHER INFORMATION, please contact:
      
     ReelTime Rentals, Inc.:
     Joe DeLaura
     (732) 904-3872
     jd@reeltime.com