MSGI Announces Completion of Private Placement


New York, New York, January 3, 2005 - Media Services Group, Inc. (Nasdaq: MSGI)
announced today that it has completed a private placement for gross proceeds of
$3,250,000 from institutional and accredited investors. The financing closed and
was funded on December 30, 2004. The terms of the above-market common stock
transaction, including registration rights, will be provided in a report on Form
8-K.

Jeremy Barbera, Chairman and CEO of MSGI stated, "We begin 2005 with nearly $5
million on our balance sheet and no debt. We are continuing our discussions with
several medium-sized profitable technology businesses located in the United
States and Europe with strategic emphasis on homeland security. We may use some
of our working capital for such potential acquisitions or investments. These
events will depend on many factors, including the growth of our existing
businesses."

Last month, MSGI filed a preliminary Notice of Annual Meeting of Stockholders
and Proxy Statement with the SEC to approve a management proposal to amend the
Amended and Restated Articles of Incorporation to change the name of the Company
from "Media Services Group, Inc." to "MSGI Security Solutions, Inc."

About MSGI
Media Services Group, Inc. (Nasdaq: MSGI) is an international proprietary
solutions provider developing a combination of innovative emerging businesses
that leverage information and technology. The company is principally focused on
the homeland security, public safety and law-enforcement services industry. The
corporate headquarters is located in New York, with regional offices in
Washington DC; Calgary, Alberta; and San Remo, Italy. MSGI acquires material
interests in high-growth technology and software development businesses. These
firms are led by successful entrepreneurs and experienced management teams that
have developed end-to-end client solutions that meet current and emerging market
needs.

The company is currently comprised of three operating companies which
collectively deliver a powerful array of strategic synergies for cross-selling
and joint product development. MSGI is engaged in an ongoing corporate growth
program whose focus is acquisitions, strategic alliances and co-branding
relationships. More information on MSGI is available on the company's website
at: http://www.mediaservices.com.


The information contained in this news release, other than historical
information, consists of forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 21E of the Exchange Act. These
statements may involve risks and uncertainties that could cause actual results
to differ materially from those described in such statements. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such expectations will
prove to have been correct. Important factors, including general economic
conditions, spending levels and other factors could cause actual results to
differ materially from the Company's expectations.