SOURCE: SNM Global Holdings

January 27, 2010 11:26 ET

SNM Global Holdings Completes Acquisition of GF Investments

ORLANDO, FL--(Marketwire - January 27, 2010) - SNM Global Holdings (PINKSHEETS: SNMN) announced today they have completed the acquisition of GF Investments Inc, an investment company specializing in investment in Entertainment / Media projects, companies and partnerships.

"Robert and Bryan are industry veterans with a keen knowledge of the music and entertainment business and with LGN Entertainment Distribution and GF Investments working together we will be a major force in the independent distribution arena," stated Steve Lane, President of SNM Global Holdings.

GF Investments Inc is led by Entertainment industry veterans Bryan Gonzales and Robert Gillerman.

Bryan Gonzales' background is diverse and includes:

President of GF Investments, A&R for American Music, Group, (Nate Dog, Proof, Skee-Lo, Etc.), Former Sr. Exec VP of American Southwest Music Distribution (Wine-O, Dallas, Screw-U-Records)

Bryan has experience in the public markets as the President and CEO of Converge Global, Inc (CVRG).

Robert Gillerman, CEO of GF Investments, has extensive background in the Music / Entertainment Business. Robert Gillerman is a 27-year record distribution veteran, former owner of Southwest Wholesale and is a prominent figure in the independent record distribution business. Mr. Gillerman has been responsible for the first national independent distribution of many current multiple platinum selling record labels and artists, including Cash Money Records (Universal Records) and Lil' Flip (Sony Records), which brought these artists and labels to the attention of the major record companies and national consumers.

"This is a great deal for both companies with great management experience. We don't project revenues but based on what we have slotted for development and release our revenues could top $2 million by first quarter of 2011 and that doesn't include any future projects," stated Bryan Gonzales, President of GF Investments.

The deal was completed in an all stock transaction.

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About SNM Global

SNM Global Holdings is a business development company that specializes in the investment in the Social Media / Content Development, Alternative Energy and Web/IT Technology industries through their subsidiaries and investments that will include strong support and promotional strategies.

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 filings with the Securities and Exchange Commission.

Contact Information

    SNM Global Holdings
    3936 South Semoran Blvd
    Suite 413
    Orlando Fl 32822
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