SOURCE: Grand Entertainment & Music, Inc.

March 06, 2007 07:00 ET

Grand Entertainment & Music, Inc. Announces Qbanito's Festival Success

MONTREAL -- (MARKET WIRE) -- March 6, 2007 -- Grand Entertainment & Music, Inc. (PINKSHEETS: GMSC) is pleased to announce Qbanito's performance at the "Le Festival Montréal en Lumière" last Friday night was a huge success.

In front of more than 2,000 people, in -40 degree weather, Qbanito lit up the main stage at the 8th edition of "Le Festival Montréal en Lumière" (The Festival of Lights). Forgetting about the bitter weather for a moment, fans danced and sang along with Qbanito as the Old Port of Montreal transformed into a hot Caribbean party. The Hydro-Québec "Festival Montréal En Lumière" is a two weekend long outdoor celebration featuring non-stop entertainment and festivities. The Port of Montreal is lit up with thousands of lights for this winter event, as people from all over come out to enjoy the activities despite the frigid Canadian winter weather.

Headlining this major show was an exclamation point on a great week for the GEM artist. Qbanito began the week with an interview with Nathalie Petrowski, a writer for La Presse. Petrowski wrote a magnificent profile and article about Qbanito that was published last Saturday. Later in the week, Qbanito was interviewed by Music Plus, Canada's version of MTV. The interview took place in the snow, atop of Mount Royal in Canada where Qbanito got the chance to plug his much anticipated follow up French album; as well as his performance at the Festival of Lights.

"I attended the festival this weekend with Pierre Gendron from TOX Records, and I have to say we were both extremely pleased with Qbanito's performance," stated President Fred Berlin. "I don't know how he did it, but in 40 below weather, Qbanito managed to set the stage on fire with his performance. It was impressive to watch over 2,000 people sing along to every song he performed. It was just absolutely amazing to watch the connection between Qbanito and the fans. I am very proud of him."

Based in Montreal, Canada and incorporated in November 1998, the Company is an independent music entity that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, The Company's multi-million dollar studio, Cherry Studios, has produced voice-overs and sound tracks for commercials and film. In addition, Cherry Studios has also produced thousands of recordings and has to its credit a total of 23 gold and platinum albums. GEM has recently found success in the reggaeton market with its signature artist, Qbanito. Qbanito's debut album has already generated a #1 hit in Canada and is currently being marketed by Universal Music in Europe. Grand Entertainment also controls exclusive rights to vast catalogues of previously unreleased recordings from Cuban music archives. In November 2006, Grand Entertainment acquired half of Lost City Records, adding a half dozen award-winning artists, including rising rap star Big Lou, and a 500+ song catalogue to Grand's existing assets. In addition, the company will continue to focus on growth through acquisitions over the next twelve months in an effort to reach its mission of becoming a premier production, recording, publishing, and internet distribution company.

Safe Harbor Statement

This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbor" provision of the Private Securities Litigation Reform Act of 1995.

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