New York, NY -- February 18, 2005 -- Marco Tempest and Newmagic Communications, Inc. are pleased to announce the addition of Industrial Artist Management (IAM), led by general manager Peter Bailey, to the Newmagic team. IAM will lead marketing efforts for Marco Tempest’s work in the corporate, industrial and special events market throughout North America, beginning immediately. Marco Tempest is creator and star of “The Virtual Magician,” television series currently playing in over 45 markets worldwide. He has been performing his own special brand of high-tech magic and illusions on television, touring and in the corporate theatre and events markets worldwide for almost 20 years. Industrial Artist Management brings its vast experience and resources in booking many of the most innovative and exciting performers in the corporate theatre industry into the largest special and business events in the world. With Marco Tempest’s already strong track record creating and performing his highly stylized, completely customized and futuristic “Virtual Magic” shows in this market, we expect the new team to create explosive growth for Marco’s performing and creative work in the events industry. In addition, the new partnership will free up some of our current production and management team to further improve client response time, production support and other critical areas of Newmagic’s business. Prior to joining IAM in May 2004, Peter B. Bailey was a Booking Agent at International Creative Management (ICM) in the Performing Arts, Attractions, and Classical Music Division . A graduate of Harvard University, Peter worked in sales and marketing in the Boston area before moving to New York in 2000 to join ICM. Peter is also currently in his third year at NYU-Stern’s part-time M.B.A. program, finishing coursework with a focus in Entertainment, Media, and Technology. The other principals in Industrial Artist Management are J. B. Miller and David Yamner. Tobias Beckwith, Inc. will continue to serve as personal and production management for Newmagic Communications, Inc. and Marco Tempest.