SOURCE: Supervision Entertainment, Inc.

June 02, 2006 16:15 ET

Supervision Announces Major Developments in Video, Uranium and Technology

GLENDALE, CA -- (MARKET WIRE) -- June 2, 2006 -- Supervision Entertainment (PINKSHEETS: SVET) is pleased to announce that it has, through a wholly owned subsidiary, signed various contracts for Video on Demand (VOD) with major companies such as Google, Netflix, Cinema Now, Rentrak, EZ Takes, and many other major companies in a number of countries. Due to NDA agreements with many of these companies, no further information can be released at this time as to the details of these agreements. The company is in the forefront of this technology and is also developing the telephone VOD market as well as the potential interactive programming activities for shows such as or like "Deal or No Deal," "Who Wants to Be A Millionaire," and others.

While the core business of the company is entertainment, it is also involved in a variety of other projects of interest.

The company has entered into a letter of intent to acquire 100% interest of a mining property in eastern Canada subject to due diligence and further geological work. The subject property consists of approximately 100 sq. miles of pure white marble which can be surface mined. In the current rock samples taken from the property and currently undergoing geological assessment, there have also been indications of URANIUM and other rare earth minerals. The company cautions that these findings are very preliminary and further information will be released in due course.

The company is also in the patent application process for a newly designed engine called the "SuperMag" which is not reliant on any fossil fuels. A prototype of the engine is being geared to be produced in 2007/8. Not only will the engine have transportation ramifications but it is also being designed to make every home capable of being removed from power grids. If a successful prototype can be built it will provide every home with electricity, heat and refrigeration. This project is and will be exclusive to Supervision and obviously will have significant ramifications with a potential worldwide market.

Portions of this document include 'forward looking statements' which may be understood as any statement other than a statement based of historical fact. Forward-looking statements in this document are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainties and changes in circumstances. These forward-looking statements include words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," and other similar expressions. Actual results may vary materially from management's expectations and projections based in this document. Copyright 2006 Supervision Entertainment, Inc. All rights reserved. No unauthorized duplication or distribution without the express written consent of Supervision Entertainment, Inc.

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