SOURCE: Bluewave Group, Inc.

October 08, 2010 17:01 ET

Bluewave Group, Inc Announces the Signing of Two New Music Artists

FORT LAUDERDALE, FL--(Marketwire - October 8, 2010) -  Bluewave Group, Inc. (OTCBB: BLEW) Is announcing the signing of two of the industry's best new artists to the music platform. Frank Lee White and Beez Portiya will launch Bluewave's digital distribution arm, slated in the 4th Quarter of 2010. These two artists have attracted the attention of top executives in the industry with their unique energy, sound and style.

"Blue wave is determined to choose content carefully. We believe this artistic tandem marks the beginning of Bluewave Group's journey to provide the consumer premium-designed musical products and unique musical experiences for future generations," stated Bluewave Group President, Derek Jackson.

Bluewave Group is a highly dynamic and fully comprehensive music, technology and sports entertainment company. Bluewave Group plans to engage multiple demographics with a specific focus on the Lower Disposable Income (LDI) market. Bluewave Group intends to provide affordable high-quality premium-designed musical products, unique audio experiences and top-notch sports and entertainment events. Maintaining social responsibility is at the core of the business model.

Forward-Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include statements regarding the scheduled campaign and its features. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that the signing of the artists may not be successful or that it may not produce the results anticipated and the other factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

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