Timothy S. Durham Invests in Indy Men's Magazine INDIANAPOLIS, March 8 /PRNewswire-FirstCall/ -- Timothy S. Durham, Chairman and CEO of Obsidian Enterprises, Inc., has invested in Indy Men's Magazine. Indy Men's Magazine entered the Indianapolis market in 2002, and has had people talking ever since. Selected as one of the 30 most notable magazine launches in the country, IMM focuses on matters of interest to upscale, educated and active individuals whether bachelor or married-with-kids. Its savvy, humorous editorial runs the gamut, covering business, sports, entertainment, fitness, parenting, travel, gadgets, nightlife and more. Monthly features include recipes from the "Bachelor Chef," a collection of real stories about real guys doing interesting work in "Men at Work," the lowdown on "What Women Want" and perspectives on kid-raising dilemmas from the front lines in "The Dad Files." "I like to take the various facets of my life that I enjoy and find a way to fit them into a business setting," said Durham on his interest in the publication. "Indy Men's coverage is sharp. The staff does a great job relating to the guy on the street and putting a witty spin on the topics of interest to him. Most importantly, from a business perspective,the upside potential for this growing publication in this market and others is enormous." "Tim was one of the first people I went to for advice on putting together a business plan for the magazine in the months before we launched," said Indy Men's Magazine President and Publisher Todd Tobias. "He's been an active consultant and fan of IMM since day one. We're thrilled that Tim is now formally a part of our team. With his investment and guidance, we can take advantage of so many more new and exciting opportunities not only here in Indy but in other markets as well." Indy Men's Magazine is a free monthly publication with a circulation of 50,000 that is available in high-traffic destinations such as Galyan's, Marsh, Blockbuster, Union Planters and over 300 area restaurants and businesses across central Indiana. Yearly subscriptions are also available. Visit http://www.indymensmagazine.com/ for more information. IMM is the newest addition to Durham's varied portfolio. Other Durham investments include The Aesthetic Surgery Center, an Indianapolis-area aesthetic surgery practice; Bella Vita Direct, an Indy-based catering service; National Lampoon, an entertainment licensing and publishing company; Touch Restaurant, a South Beach restaurant providing unique entertainment and a stylish dining experience; and Vizion Restaurant/Vapour Lounge, an up-scale restaurant and lounge located at 82nd & Allisonville Rd. Obsidian Enterprises, Inc. is a publicly traded (OTC:OBDE) (BULLETIN BOARD: OBDE) holding company that invests in small and mid cap companies in basic industries such as manufacturing and transportation. Headquartered in Indianapolis, Indiana, Obsidian Enterprises currently conducts business through five subsidiaries: Danzer Industries, Inc., a manufacturer of service and utility truck bodies and accessories; Obsidian Conference & Catering Center, a meeting and special event facility; Pyramid Celebrity Coaches, Inc., a leading provider of corporate and celebrity entertainer coach leases; United Trailers, a manufacturer of steel-framed cargo, racing, ATV and specialty trailers; and U.S. Rubber Reclaiming, Inc., a butyl rubber reclaiming operation. Additional information on Timothy S. Durham, Obsidian Enterprises or its companies, can be found online at http://www.obsidianenterprises.com/ . DATASOURCE: Obsidian Enterprises, Inc. CONTACT: Timothy S. Durham, Chairman & C.E.O. of Obsidian Enterprises, Inc., +1-317-237-4122, Web site: http://www.indymensmagazine.com/ http://www.obsidianenterprises.com/

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