FOR IMMEDIATE RELEASE

Media Contact: Carol Campbell
Elf Foundation
Tel: 323-572-1699
E-mail: carol@crc-enterprises.com

Elf Foundation Announces 2005 Financial Results

November 30, 2005 - Hollywood, CA

The Elf Foundation proudly announces their 2005 Federal Exempt Organization Tax Summary, as prepared by Certified Public Accountants, Guzman & Gray of Long Beach, California.

"We've had consistent, steady growth over the course of our first five years," said Douglas Weinstein, president of the Elf Foundation. "Our total achievement of dedicating over 93% of our expenses directly to our program services (mission) over the course of our first 5 years as a non-profit charity is truely an amazing accomplishment. There are too many individuals to acknowledge seperately who have generously donated services to Elf so we can keep our management and general expenses down, but they know who they are and we share this grand news with them."

The highlights for the foundation's 2005 tax summary are a record-high revenue total of $702,487 and a record-high program services expense total of $662,341. A breakdown of Revenue and Expenses can be found on the elfSystem.org website under Finances.

The Elf Foundation currently has opened over 40 Room of Magic theaters across the country in order to bring the magic of music, film and education to sick kids and their families.

About The Elf Foundation
The Elf Foundation was founded in July of 2001, with the express mission of creating private entertainment theaters ñ 'Rooms of Magic' - for childrenís hospitals, autism centers, shelters for abused kids, and terminally-ill hospices for children across the country. Operating as a 501 (c) 3 non-profit charity, the foundation acts as a catalyst within the consumer electronics industry and in local communities to advance their mission of bringing the magic of music and film to special kids in a time of need. To date, The Elf Foundation has opened over 50 'Room of Magic' theaters in the U.S. and Canada. For more information visit www.elfSystems.org.