SOURCE: SuperVision Entertainment Inc.

April 17, 2007 01:01 ET

SuperMag Update: First General Dynamics (Apollo Space Program) Engineer Joins SuperVision and SuperMag

LOS ANGELES, CA -- (MARKET WIRE) -- April 17, 2007 -- SUPERVISION ENTERTAINMENT INC. (PINKSHEETS: SVET) announces that it has entered into a contractual agreement with a senior engineer whose work has included designing equipment for the Apollo space program and the F111 and F16 fighters.

The amazing SuperMag, a product that has attracted attention around the world in recent months, generates electricity by manipulating very powerful magnetic fields to create clean efficient and environmentally friendly electricity with no reliance on fossil fuels. The huge worldwide market for this product has already resulted in potential orders of over 100,000 units a year representing approximately $2.5 billion dollars.

The first commercial SuperMag MI5 (10kw) model is now well underway in its construction utilizing amazing breakthrough technology. As nothing like this has ever been assembled before, the company, which thrives on the trail blazing challenge, welcomes the newly assigned engineer who also faced similar trail blazing challenges while working on the Apollo spacecraft equipment.

Although he will be involved in the overall development of the SuperMag, his main challenge will be to assist and research the potential NASA, outer space, lunar and maritime applications for the SuperMag.

His contract is a multi year renewable arrangement and he has chosen to be compensated by stock in the company with stock performance bonuses based on actual results achieved. Having worked on such historic projects as the Apollo space program, he recognizes the uniqueness, significance, and the ramifications of the SuperMag if successfully produced on a commercial scale and relishes the opportunity to be a part of the project.

The first SuperMag MI5 (10kw) will be subject to independent testing and evaluation but it appears that the first SuperMag will be capable of providing all the power requirements for a small home as well as 20 million+ candle power light, all from magnetic manipulation. Time will tell if this is truly an historical breakthrough.

The company is now looking at the SuperMag to power an automobile. Should this be a successful application, it would be the world's first Magnetic Powered car and the SuperMag would theoretically power the car for as long as it can mechanically run with no charging time required. More updates on the SuperMag automobile to come.

Safe Harbor Statement:

All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the Company's future, revenues and earnings, and all other forward-looking statements (i.e. future operational results and sales) are subject to assumptions and beliefs based on current information known to the Company and are factors that are subject to uncertainties, risks and other influences which are outside the Company's control, and which may yield results differing materially and substantially from those anticipated. All information is subject to change, deletion or insertion.

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