SOURCE: Empire Film Group, Inc.

November 13, 2007 07:00 ET

Empire Film Group Acquires Significant Ownership Stake in Network Productions Inc.

BEVERLY HILLS, CA--(Marketwire - November 13, 2007) - Empire Film Group, Inc. (PINKSHEETS: EFGU) ("Empire Film") (http://www.empirefilmgroup.com) is pleased to announce it has acquired a significant ownership stake in Network Productions Inc. ("Network").

Network Productions Inc. is a leading Latin Television production company which has produced the wildly popular 'Latin Models of the World' franchise. Network Productions and its associates produce both English and Spanish content programming and this year will produce the 20th anniversary instalment of 'Latin Models of the World.'

Empire Film, which has acquired a 40 percent interest in Network Productions, will help the Company reinvent the 2008 version of 'Latin Models of the World' as 'New Models of the World.'

"We are extremely pleased to be able to acquire an interest in Network Productions Inc. at this time," stated Empire Film Group CEO, Dean Hamilton Bornstein. "We have already started pre-production on New Models of the World where the freshest faces, the hottest styles and the most exotic destinations in the world will be brought to the television screens of millions of viewers around the world including those in the United States where American viewers will participate in a truly worldwide event."

About Empire Film Group, Inc.

Empire Film Group, Inc. ("EFG") is a new independent film finance, production, and distribution company led by a management team with over 20 years of experience in development, production, distribution, finance and marketing of feature films and television programming. The group has filmed in various locations worldwide including the United States, Canada, the Caribbean, Central and South America and Europe. The Company has the unique financing advantage of being able to receive Canadian subsidies, tax incentives, rebates and financing through its ability to produce Canadian Content film and television projects.

Learn more about Empire Film Group by visiting www.empirefilmgroup.com

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