EPIC Shareholders Agree to Cancellation of 15 Million Shares in Order to Enhance Shareholder Value and Every NHL Playoff Game to Air Nationwide on XM Satellite Radio

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City of Industry, CA --(www.USEquityNews.com)-- 04/04/2008 - Media entertainment industry alert provided by U.S. Equity News. EPIC Corporation (OTC: EPIO) (the "Company"), a multi-media communications and broadcasting company, announced that two shareholders have returned 15 Million shares of EPIC's common stock to the Company and the shares have been cancelled and returned to authorized but unissued shares. The issued and outstanding shares of the Company is now 11,262,023 shares. The Company, in exchange for the cancellation of the shares, agreed to issue the shareholders shares in the newly formed EPIC Communications Corp., a majority owned subsidiary of the Company, which is to become the multi-media communications and broadcasting operating company.


Salem Communications Corporation (NASDAQ: SALM), a leading U.S. radio broadcaster, Internet content provider, magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values, recently announced that it has scheduled its Annual Meeting for shareholders on Wednesday, June 4, 2008, at 9:30 A.M. to be held at the Westlake Village Inn in Westlake Village, Calif. The Company also announced the Record Date applicable for the voting of shares at the Annual Meeting to be April 11, 2008.

XM Satellite Radio (NASDAQ: XMSR) will air every game of the 2008 Stanley Cup Playoffs for its 9 million subscribers nationwide starting Wednesday, April 9. Hockey fans across the U.S. can listen to the NHL Playoffs live on XM channels 204 to 209. A weekly game schedule is available online at http://www.xmradio.com/nhl. XM also airs every game for every NHL team during the regular season. XM's Canadian partner XM Canada carries the games for listeners across Canada.

LIN TV Corp. (NYSE: TVL), a local television and digital media company, announced recently that William J. Gaffney has joined the Company as Regional Interactive Director for the East Coast region. Gaffney will work directly with the Internet teams, General Sales Managers, Marketing Directors and News Directors in Buffalo, Portsmouth-Norfolk, Springfield, Hartford-New Haven, Providence and Mobile-Pensacola to identify and implement Interactive campaigns for multiple web sites and new media platforms in these markets. He will also champion the delivery of new products, services and programs in order to build LIN TV's Interactive brand.

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