SOURCE: Ise Blu Equity Corp.

June 05, 2007 09:23 ET

Ise Blu Equity Corp Announces Acquisition

COLUMBIA, MD--(Marketwire - June 5, 2007) - Ise Blu Equity Corp. (PINKSHEETS: ISBL) announced today that it has completed the acquisition of XGPower, Inc., a marketer of privately branded hand tools, hand held power tools and large commercial construction equipment and home use models plus many other consumer items.

"We are extremely pleased to add well known web based vendor to our company. This acquisition gives us a direct line for our Gemtex Décor product line to have immediate access to the major web retailers. XGPower supports its own web site, store and warehouse/ shipping operations in New Jersey. They also have listings on Amazon.com, eBay, Yahoo.com and on craigslist in various cities," stated Norman Birmingham, company President. "We look for a substantial increase in other company product sales from the link for and between our various web sites making all of our operations profitable," he continued.

The terms include a capital raise requirement of $250,000 to pay the initial installment, $250,000 in cash within 180 days and $500,000 of preferred stock to buyout the stockholders' of XGPower. XGPower currently has approximately $400,000 at cost in inventory.

About Ise Blu Equity Corp

Ise Blu Equity Corp, a Nevada corporation, is a holding company that specializes in investments from the Consumer Goods, Entertainment and Technology sectors.

"Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission."

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