SOURCE: Bluewave Group, Inc.

April 30, 2010 15:28 ET

Bluewave Group, Inc. Is Sponsoring Showtime Sports Series, "Shobox"

FT. LAUDERDALE, FL--(Marketwire - April 30, 2010) -  Bluewave Group, Inc. (OTCBB: BLEW) is announcing that it's sponsoring two Friday night boxing events. Bluewave Group is proud to be the main sponsor for Showtime sports series, "Shobox" Friday, April 30, 2010. The two super middleweight competitors for the evening, Donovan George (19-0-1,17 KOs) versus Osumanu Adama (17-1, 13KOs) will be fighting live at UIC Pavilion in Chicago, Ill. They'll engage in an 8 round bout. Part two of this night of boxing, will feature three-time world champion Robert "The Ghost" Guerrero versus Roberto Arrieta live from the Tropicana Hotel, Las Vegas, Nevada. The promoter for this evening 12 round super-featherweight bouts is Golden Boy Promotions, powered by boxing legend Oscar De La Hoya. President of Bluewave Group, Inc. Derek Jackson said, "This is an immeasurable night for Blue Wave Group, Inc. We're expecting great numbers and are looking forward to the company's bright future in the ring."

Forward-Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the event attendance and the company's future with respect to boxing events. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that the attendance will not be as great as anticipated, that the company will not have future boxing sponsorship opportunities and the other factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

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