SOURCE: SuperPro Vending Group, Inc.

September 06, 2007 08:31 ET

SuperPro Vending Seeks Suitable Acquisition Candidate to Enter Multi-Billion Dollar Entertainment Industry

ORLANDO, FL--(Marketwire - September 6, 2007) - SuperPro Vending Group, Inc. (PINKSHEETS: SPVG) is pleased to announce that it is exploring a number of companies that meet its acquisition criteria, and is targeting companies engaged in a segment of the entertainment industry such as recording, media or film production. A suitable candidate would be one with viable growth potential in a high-profile market with a strong management team in place.

The board has decided to seek a company in the entertainment industry based on growing trends and revenues, particularly in online music sales. According to the International Federation of the Phonographic Industry (IFPI), global online music sales, which include downloads, kiosks, ringtones, subscriptions, and music videos, nearly doubled in 2006 to about $2 billion, or 10 percent of all sales. By comparison, 2005 sales increased to $1.1 billion, up from $380 million in 2004. The IFPI also revealed that physical sales were $17.5 billion in 2006, down 11 percent from 2005.

"We are very encouraged and excited by the prospect of an acquisition within the entertainment industry," stated Marc Jablon, CEO of SuperPro Vending Group, Inc.

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 expectations, including 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 factors that are subject to uncertainties, risk and other influences, which are outside the Company's control, and may yield results differing materially from those anticipated.

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