Posted: JUL 7, 2008

CSMG Technologies SqueezeTrigger Price is $0.85; Approximately 3.1 Million Shares Shorted Since August 2006 According to Buyins.net Research Report

Corpus Christi, TX, July 7, 2008 -- CSMG Technologies, Inc., (OTCBB: CTGI - News) a technology management company, announced today that BUYINS.NET, www.buyins.net, is reiterating coverage of CSMG Technologies, Inc. (OTCBB: CTGI - News) after releasing the latest short sale data to July 2008. From August 2006 to July 2008 approximately 45.4 million total aggregate shares of CTGI have traded for a total dollar value of nearly $38.8 million. The total aggregate number of shares shorted in this time period is approximately 3.1 million shares. The CTGI SqueezeTrigger price of $0.85 is the volume weighted average short price of all short selling in CTGI. A short squeeze began when shares of CTGI closed above $0.85. According to data provided by the SEC, as of March 11, 2008, there were 343,840 shares failing to deliver (also referred to as, naked short). Click here to see a chart of failures to deliver from January 2004 through March 31, 2008: http://www.buyins.com/ftd/ctgi.gif . To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit www.buyins.net.

About CSMG Technologies, Inc.

CSMG Technologies, Inc. (OTCBB: CTGI - News) together with its subsidiaries, operates as a technology management company. The company engages in owning, developing, patenting, managing, licensing, and marketing technologies in Ukraine and other eastern European countries. It provides live biological tissue bonding technology that focuses on bonding living soft biological tissue used in surgical procedures, which eliminates the need for sutures, staples, sealants, or glues; and carbon dioxide separation of landfill gas technology that separates carbon dioxide and other impurities from the gas produced in landfills and convert the remaining gas to a cleaner, up to 98% pure methane gas for use in internal combustion engines or for sale to natural gas companies. The company was incorporated in 1992 as Consortium Service Management Group, Inc. and changed its name to CSMG Technologies, Inc. in January 2007. CSMG Technologies is headquartered in Corpus Christi, Texas.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2,050,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month’s short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. CSMG Technologies, Inc. has paid $995 per month for twelve months to purchase data for information provided in these reports. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

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CONTACT:

CSMG Technologies, Inc.
Donald S. Robbins, 361-887-7546
President and CEO
or
K. Bruce Jones, 770-955-0409