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Digital Lifestyles Group Announces Settlement With Its Largest Secured Creditor and Appointment of Corbin & Company, LLP as Its Independent Audito

13 December 2005

Digital Lifestyles Group Inc. (OTC: DLFG) today
announced that it has signed a letter agreement with its largest secured
creditor for a settlement plan of $1.9 million of its current outstanding
debt, and also announced the re-engagement and appointment of Corbin &
Company, LLP as its independent auditor to assist the company in its
efforts to complete its necessary periodic filings with the Securities and
Exchange Commission.

Under the terms of the letter agreement, Digital has agreed to make
interest-only payments on a monthly basis until February 2006, at which
time Digital has planned to effect its merger with Protron Digital
Corporation. Upon completion of the merger, Digital has agreed to pay to
its secured creditor one-half of the current outstanding principal totaling
$950,000 in cash. As further consideration for the balance of the debt at
that time, Digital will issue to its secured creditor an equivalent number
of shares of its common stock to satisfy the balance, at a share price per
share to be equal to the 30-day trading average of the Company's common
stock prior to the effective date of the merger. In addition, Digital has
agreed to grant certain registration rights in connection with the proposed
issuance of the shares of common stock.

Andy Teng, Chairman and CEO of Digital Lifestyles Group, stated: "We are
satisfied to have reached what we believe is a beneficial re-payment plan
for all parties involved. This agreement further advances our ability to
focus our efforts and resources on accomplishing the other necessary steps
required to effect the merger with Protron."

Digital also announced that it has re-engaged and appointed Corbin &
Company, LLP as Digital's independent auditors to recommence the audit work
necessary for the company to complete its periodic filings with the
Securities and Exchange Commission, including its Annual Report on Form
10-K for the fiscal year ended December 31, 2004.

About Digital Lifestyles Group Inc.

Digital Lifestyles Group Inc. is a computer and consumer electronics
company that designs, manufactures and markets digital lifestyle products.
More information about Digital Lifestyles Group will be made available upon
request.

About Protron Digital Corporation

Protron Digital Corporation is a consumer electronics company that markets
and distributes the Protron brand of digital electronic entertainment
systems such as LCD monitors, TVs, home theater systems and DVD players.
Protron products can be purchased through well-known national retailers
including, among others, Sears®, HHGregg® and Best Buy®.

Statements in this news release which are not purely historical facts are
forward-looking statements, including statements containing the words
"believe," "estimate," "project," "expect" or similar expressions, and
statements such as those related to the settlement of debt with its largest
creditor, the potential merger with Protron Digital Corporation and whether
or not the transaction can be consummated, the time frames for consummation
of the transaction, the Company's ability to successfully complete an audit
and file its period reports with the SEC, as well as its ability to settle
outstanding debts with its creditors. These statements are made within the
meaning of Section 27A of the Securities Act of 1933, as amended, and the
provisions of Section 21E of the Securities Exchange Act of 1934, as
amended. All forward-looking statements are based upon information
available to Digital Lifestyles Group Inc. on the date of this release. Any
forward-looking statement inherently involves risks and uncertainties that
could cause actual results to differ materially from the forward-looking
statements. Factors that would cause or contribute to such differences
include, but are not limited to, the ability for the Company to raise
sufficient funds to operate the business going forward, successful
implementation of its restructuring plan, including the ability to generate
positive cash flow from operations and the ability of the Company to
satisfy its existing creditors, the ability of the Company to consummate
the transaction, which is subject to a number of contractual, conditions,
such as shareholder approval and execution of a merger agreement
satisfactory to the Company, the general acceptance of the Company's
products in the marketplace, the ability of the Company to compete with its
competitors and other risks detailed in the company's periodic report
filings with the Securities and Exchange Commission. There can be no
assurance that any estimations or projections set forth in this release can
be obtained. By making these forward-looking statements, the company
undertakes no obligation to update these statements for revisions or
changes after the date of this release. Readers are cautioned not to place
undue reliance on forward-looking statements.