SOURCE: Ise Blu Equity Corp.

October 05, 2007 11:30 ET

LGN Entertainment Acquires Assets of Ise Blu Equity Corp. Subsidiary C.E.D. Entertainment Distribution

ORLANDO, FL--(Marketwire - October 5, 2007) - C.E.D. Entertainment Distribution, a subsidiary of Ise Blu Equity Corp. (PINKSHEETS: ISBL), has sold all its assets to LGN Entertainment, Inc., Ise Blu's newest subsidiary.

LGN Entertainment, Inc., WWW.LGNENTERTAINMENT.COM, an independent distributor of Video, DVDs, and Music, announced today that it has signed an asset purchase agreement with CED Entertainment that has the approval of Ise Blu Equity Corp. (PINKSHEETS: ISBL) board.

"This was a company decision and even though CED Entertainment was growing a decision to move with LGN Entertainment was agreed upon as LGN Entertainment's focus is primarily on the acquisition of film and music catalogs as well as licensing deals for the music properties. LGN Entertainment is working on a plan to partner with other Ise Blu properties such as Doctor Dre for film and music projects, as well as with Joyce Sims for new Dance artists and Dance labels, and Rick Papaleo with regards to the distribution of live event films. It was a mutual decision by Steve Lane and the Board of Ise Blu Equity Corp. since Mr. Lane has taken over additional responsibilities as the President of ISBL," states Lisa Sam the President of LGN Entertainment.

LGN has acquired and will maintain the accounts and contracts of CED Entertainment and Steve Lane will remain with LGN as the Director of operations during the "Getting To Know Each Other Period."

"Lisa Sam is a highly driven executive and will work on catalog acquisitions as I will work with the labels and assist Lisa with regards to licensing. With my added duties and responsibilities with the Public company I thought it best that we look to expand our horizons and seek an opportunity with a highly skilled professional such as Lisa," stated Steve Lane President of Ise Blu Equity Corp.

In other news, LGN Entertainment has maintained the contract of Nick Loren's much anticipated album "Let's Make It Real" with a CD Street Date of 1-15-2008, Dog-On Television (DVD) street date 11-13-2007 (a Loren Entertainment Production), Sizzla Kalonji CD Street Date 1/15/2008, Joyce Sims "20 Anniversary Album" (working Title) CD/ DVD with release in early 2008 and Billboard charting Nadine Sutherland as well as others listed on the website,

The new company is not changing direction just expanding its focus.

"Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: the statements contained in this release that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission."

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