SOURCE: Hollywood Studios

September 15, 2006 15:30 ET

Hollywood Studios International Forms Strategic Relationship With Tariq Ahmed Nizami

DUBAI, UAE -- (MARKET WIRE) -- September 15, 2006 -- Following a round of meetings in Dubai, Hollywood Studios International (PINKSHEETS: HYWS) CEO Steven Saxton announced today the formation of a strategic relationship with Tariq Nizami, CEO for FKamber Holdings and the Kamber Entertainment Group, as well as the Head of the CEO Clubs, UAE.

Mr. Nizami made recent Gulf News headlines when he was instrumental in structuring investments of $300 million into Dubai construction and real estate from two Chinese firms. One of these firms, Zhongon Construction Group, is currently working on $30 billion worth of projects in China. This relationship between Hollywood Studios International and Mr. Nizami calls for Mr. Nizami to structure a significant portion ($20 million) of HSI's current private placement in the GCC region ($70 million) from Chinese investors. Mr. Nizami will also serve as a liaison in the process of expanding Hollywood Studios International into China.

About Tariq Nizami

Tariq Nizami has more than twenty-four years of experience in the fields of real estate, trading and information technology. Now, based in Dubai, UAE, Mr. Nazami is the CEO of FKamber Holdings, a holding company which has interests in Real Estate, Gold & Diamonds, Trading, Travel, Entertainment, Shipping, and Information Technology.

Tariq Nizami acquired Bachelors & Masters degrees while studying in the United States and has also completed multiple Real Estate certifications from all regions of the world. He is now focused on the Dubai market and exploring and attracting worldwide investors to the new Dubai.

Mr Nizami has conducted "Dubai Freehold Property Seminars" in the USA & Canada. Mr. Nizami is also active in the Dubai community, several NGOs, and leads the CEO Clubs, UAE.

About Hollywood Studios International

Hollywood Studios International (www.hsifilms.com / www.artistint.com), an entertainment holding company, exists to create award-winning entertainment which succeeds both artistically and commercially through the inherent synergies of combining elements of a traditional studio system with the structure of artist management. The Company has recently completed a financial audit and is filing the appropriate paperwork to begin trading in the US (PINKSHEETS: HYWS). Current subsidiaries and divisions include Artist International Management, Doc Hollywood Kidz, Doc Hollywood Records, and Bop City Records. The Company recently signed a letter of intent to acquire controlling interest in a feature film production/ international distribution company currently with $100 million in annual productions. Due to a non-disclosure agreement, the Company cannot publicly disclose any further information regarding this transaction.

Forward-Looking Statements:

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Hollywood Studios International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by the Company or any other person that the objective and plans of the Company will be achieved.

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