SOURCE: H3 Enterprises, Inc.

January 18, 2008 08:36 ET

Dr. Benjamin Chavis, CEO and President of H3 Enterprises, Will Appear Live on Fox Business Network's "Money for Breakfast" on Monday, Jan. 21st, the Morning of Dr. Martin Luther King's National Holiday

World Renowned Civil Rights Leader Who Worked Alongside Dr. King Takes "The Dream" to New Heights as Head of First Public Company Dedicated to Empowering Young People Through Economic Opportunity and Business Development

NEW YORK, NY--(Marketwire - January 18, 2008) - H3 Enterprises, Inc. (PINKSHEETS: HTRE), the world's first publicly traded Hip-Hop company and parent company of the HipHopSodaShop, announced today that its CEO and President, Dr. Benjamin Chavis, would be appearing live on Monday January 21, 2008 at 7:30am EST on Fox Business Network's highly acclaimed morning show "Money for Breakfast" hosted by Alexis Glick and Peter Barnes. "Money for Breakfast" airs on the Fox Business Network weekdays from 6-9 am Eastern Time.

As a civil rights leader who worked side-by-side Dr. Martin Luther King, Jr., and as one of the nation's leading African American business leaders and Wall Street CEOs, Dr. Chavis will be appearing on national network television the morning of Dr. King's national holiday.

Chavis stated today, "Our HipHopSodaShop franchise is a fulfillment of Dr. King's dream of economic empowerment, equality, and having the opportunity and responsibility to overcome poverty. Sustainable economic development is the key in the 21st Century to realizing Dr. King's dream. We must learn from the past and be courageous enough to change the present to insure the future for generations of young people who are crying out for a better quality of life. H3Enterprises, Inc is a publicly traded company that has an effective business plan with a serious social conscience."

About Dr. Benjamin Chavis:

Dr. Chavis is the CEO and President of H3 Enterprises Inc. (PINKSHEETS: HTRE), the first publicly traded Hip-Hop company and parent company of the HipHopSodaShop. Chavis is also the founder and President with Russell Simmons of the Hip-Hop Summit Action Network. Chavis has a 40-year history of working and advocating in the civil rights movement, having marched alongside Dr. King. Chavis was also the youngest person ever to be appointed Executive Director and CEO of the NAACP. Today Dr. Chavis has re-emerged on the national scene as a successful and prominent business leader.

About Alexis Glick:

Ms. Glick is Vice President of Business News and an anchor of "Money for Breakfast." Prior to joining FOX, Glick served as a correspondent for the "Today Show" and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange, providing live daily updates for Squawk Box. While at CNBC, Glick also contributed to Street Signs and Closing Bell. Earlier in her career, Glick was an Executive Director at Morgan Stanley where she headed the New York Stock Exchange Floor Operations. A member of the New York Stock Exchange since 2002, she was the first and youngest woman to manage such an operation for a bulge bracket firm. She began her career as an analyst at Goldman Sachs in the equities division.

About Peter Barnes:

Mr. Barnes joined the FOX Business Network as a morning anchor in September 2007. Prior to joining FBN, Barnes served as the Washington bureau chief and correspondent for television group Hearst-Argyle. He has also worked at numerous business programming outlets, including TechTV from 2001 to 2003, where he was the Washington bureau chief for the satellite channel which specialized in technology coverage. Barnes served as an anchor and Washington correspondent for CNBC from 1993 to 1998.

About H3 Enterprises, Inc. and the HipHopSodaShop:

H3 Enterprises, Inc. is the parent company of the HipHopSodaShop, with its corporate headquarters located at 116, John Street, New York, NY 10036. As the first publicly traded Hip-Hop company, H3 Enterprises, Inc. is dedicated to the mission of empowering young people through investment, education and economic development.

The HipHopSodaShops are a franchise restaurant operation that brings hip-hop music, sports and community involvement to every city where they open. The HipHopSodaShop comes complete with a healthy quick service menu, merchandising, a state of the art recording studio, 30 giant LCD screens, the latest Xbox 360 live video games, and a large area dedicated to competitive on-line video gaming. The HipHopSodaShop in Tampa is over 11,000 sq ft and is a modern day cultural arts center where many forms of Hip-Hop can be expressed by patrons and embraced by the community. The HipHopSodaShops carry a message of giving back to the community in the forms of empowerment, investment, employment and the arts.

Safe Harbor: Certain information included herein may contain statements that are forward looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.

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