SOURCE: Fuego Entertainment, Inc.

June 13, 2007 06:30 ET

Fuego Entertainment Continues to Acquire More Music and Video Content; Executes Exclusive Artist Representation and Distribution Agreement With the Popular Latin Music Group, Tecupae

MIAMI, FL--(Marketwire - June 13, 2007) - Fuego Entertainment, Inc. (OTCBB: FUGO) today announces the execution of exclusive representation and distribution agreements with four world-renowned artists. Among these artists is the popular music group Tecupae.

Tecupae (www.tecupae.com) is a musical phenomenon that started as a dream in 1994. In 2000, Tecupae released the first CD, "La Odisea," which quickly achieved critical acclaim. With four CDs now under their belt, Tecupae's latest album sold 130,000 CDs with over $550,000 in tour revenues from their native country of Venezuela. Their new CD, "Revisame," will be globally released by Fuego Entertainment Music International (FEMI). Also, as part of this exclusive long-term agreement, Fuego will produce and co-present Tecupae's music tours around the world.

"Fuego's commitment to acquire and release the best music and video content available is key to our long-term goal of becoming a major force in Latin media and entertainment," stated Jorge Artiles, Vice President of Marketing and Promotions for FEMI, Fuego Entertainment's music division. "We are particularly excited about our exclusive agreement with Tecupae. This talented and popular group has achieved huge success in their native country, and we have the opportunity to expose them to the rest of the world."

"Tecupae has worked very hard through the years to become the one of the leading bands in our country of Venezuela. The time has come to transcend the borders of our native country and deliver our music to the rest of the world. We are completely sure that our new alliance with Fuego Entertainment will achieve this goal," stated Freddy Castillo, founding member and director of Tecupae.

Other recently signed artists include Cuban-Rican rapper/singer/songwriter Osvaldo Friger, "OZ." Osvaldo is not only a renowned rapper, but he is also a talented actor. He has been part of nine feature films, and more than 14 commercials and TV shows. His new CD includes the hit song "Guarijita," which has topped the radio charts in Puerto Rico. As part of this agreement, Fuego will release Osvaldo's newest CD and all future albums. Fuego will produce and co-present his music tours as well.

Another artist signed is Reaggeton star, Javier Voltaje, ex founding member of Clan 537, a popular Cuban music group, currently number one on the music charts in Cuba. Mr. Voltaje is an accomplished performer and skilled songwriter, having written all the tracks for Clan 537's first album. His new CD includes the hit song "Cubajala," which has topped the radio charts in Europe. Another artist is R&B singer Marcelino Valdes, the nephew of the Cuban legendary music icon Vicentico Valdes. Marcelino recently performed at the world-famous Apollo theatre in Harlem, NY as part of the show "Showtime at the Apollo."

Our latest artist signed is acclaimed Mexican star, Alejandro Azua, a well-known singer with an accomplished career. As part of our agreement Fuego will distribute all of Mr. Azua's previous, present and future music CDs in digital format.

Fuego Entertainment, Inc. is engaged in the production, acquisition, marketing, sales, and distribution of entertainment products such as short films, documentaries, television shows, music, and tour productions. Also, through its subsidiaries, the Company provides management and development of television stations, recorded music, and music publishing services worldwide. The music operations include discovery, production, development, and distribution of recorded music. For more information, please visit Fuego Entertainment at http://www.fuegoentertainment.net

This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Fuego Entertainment, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

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