SOURCE: Grand Entertainment & Music, Inc.

October 10, 2006 07:00 ET

Grand Entertainment & Music, Inc. Announces the Release of Qbanito's Spanish Album

MONTREAL -- (MARKET WIRE) -- October 10, 2006 -- Grand Entertainment & Music, Inc. (PINKSHEETS: GMSC) announces the release of Qbanito's Spanish Album, Adivina Quien Llegó.

Adivina Quien Llegó will be initially released in the South Florida area on October 12th to coincide with local promotion. This album is being distributed by Reyes Records, and will be available across the U.S. later this year. Reyes Records has previously worked with such major artists such as Celia Cruz and Marc Anthony. Thousands of copies of Adivina Quien Llegó will be sent out to local retailers. This album release will help facilitate Qbanito's entry into the mainstream U.S. music market.

Martha Maza Victor, PR rep, stated, "This is the first major step for Qbanito as he makes his transition from the Canadian Francophone market to the U.S. Spanish market. The Reggaeton movement continues to gain popularity across the U.S., and I am certain that Adivina Quien Llegó will be an instant hit. Qbanito's unique talent will bring fresh sound to this growing music genre."

About Grand Entertainment & Music, Inc.

Based in Montreal, QC, and incorporated in November 1998, the Company is an independent music company that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's multi-million dollar studios produce voice-overs and soundtracks for commercials and film, which are used on the radio, television and in theatres. Cherry Studios has produced thousands of records in its studios and has to its credit a total of 23 gold and platinum records. GEM, a pioneer in the Internet distribution and digital download field, currently owns and controls all its content and distribution rights. Having both content and distribution rights will enable the company to fulfill its mission of becoming a leading consolidator of quality music catalogues as well as a premier production, recording, publishing and Internet distribution company in the music industry.

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 Harbors" provision of the Private Securities Litigation Reform Act of 1995.

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