SOURCE: H3 Enterprises, Inc.

October 11, 2007 09:06 ET

H3 Enterprises President and CEO Dr. Benjamin Chavis Announces Signing of Tampa Bay Lease for HipHopSodaShop

NEW YORK, NY--(Marketwire - October 11, 2007) - H3 Enterprises, Inc (PINKSHEETS: HTRE) President and CEO, Dr. Benjamin Chavis, announced today the signing of a Lease Agreement between Alexander Reid Land Development, LLC and H3 Enterprises, Inc. effective October 10, 2007, for a fully furnished, 11,000 square foot restaurant and entertainment facility located in Tampa at 1241 E. Fowler Avenue, less than a mile from the University of South Florida.

"We are keeping our commitment to open our first HipHopSodaShop in the Tampa Bay/St. Petersburg area," explained Dr. Chavis. "We also signed a Letter of Understanding between H3 Enterprises, Inc. and E&E Global Enterprises, LLC to manage and operate the Tampa Bay HipHopSodaShop," Dr. Chavis further stated. The principals of E&E Global Enterprises, LLC are Eric Von Billington of Tampa and Eric Green of St. Petersburg.

Details of H3's latest business developments will be discussed in depth on a national telephone conference call that can be viewed worldwide at www.H3inc.com on Monday, October 15, 2007 at 11 AM EDT. To join in on the conference call dial: 1-218-339-7800 with Participant Access Code: 178920.

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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