Family Room Entertainment Corporation (FMLY) (OTC Markets: FMYR) is happy to announce that Stanley Tepper as of February 5, 2012 has become Chairman, CEO and President of FMYR. Mr. Tepper has been associated with FMYR for approximately 10 years, mainly as Acting CFO and “Business Management Financial Production Service Consultant.”

In conjunction with the above, as of February 1, 2012, George Furla and Randall Emmett resigned as Corporate Officers and Directors of FMYR. In addition Mr. Furla, Mr. Emmett and FMYR entered into an agreement whereby they were assigned the name and logo “Emmett/Furla/Films.”

Family Room Entertainment Corp.--FMLY--(“FMYR” or the “Company”) Plan of Operations is and continues as mainly an entertainment company. FMYR has been engaged in various aspects of the motion picture entertainment industry and currently has a small library of films in distribution. FMYR does not plan, at this time, to produce new films; however, FMYR is actively seeking possible business opportunities in addition to entertainment film ventures and will be looking at other industries as well as possible acquisition and/or merger candidates.

More about Family Room Entertainment:

Family Room Entertainment Corporation is a publicly held company trading on the OTC Markets, symbol "FMYR." Family Room Entertainment earns producer fees, and other revenue from its current film library and production related services for the entertainment industry.

Forward Looking Statement:

Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements that are defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that,” believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

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