SOURCE: SuperVision Entertainment Inc.

August 13, 2007 04:00 ET

SuperVision Entertainment Inc.: (TICKER SYMBOL: SVET): SuperMag Update: $100 Million Private Placement Oversubscribed! SuperMag Almost Ready; VOD Audits Show Explosive Growth! WPGL.TV Television Going Global! Baron Storm Web Site Numbers Staggering!

LOS ANGELES, CA--(Marketwire - August 13, 2007) - SuperVision Entertainment Inc.: (PINKSHEETS: SVET) -- The announcement that SuperVision was considering a private placement for $100 million for the SuperMag generated so much interest that early indications are that if a final decision to proceed with the offering is made, the offering will be oversubscribed.

The "SuperMag" product manipulates powerful magnetic fields to produce electricity and heat. This is breakthrough technology that will revolutionize the reliance on oil, solar, and hydro electricity.

As the first SuperMag production 10kw prototype nears completion, a team of independent scientists, engineers and government environmental ministers from a number of countries are being invited to confirm that the SuperMag technology does in fact work. This will be followed by the public unveiling.

We are now in receipt of the audited reports on the companies Video On Demand (VOD) operations. Year over year, the total assets of this division grew from 2005-2006 from $984,388 to $7,271,788, a tremendous increase. The company has over 70 major VOD distribution agreements with companies such as Google, Rentrak, Netflix and many others. This list of agreements is expected to continue to rise.

The World Professional Video Gamers League (WPGL.TV) is now entering into discussions for a global television presence; traffic to the site in its second month of operation has doubled. Some young members of the league are starting to generate huge sponsor dollars. Check out the site at for sports franchise info.

Baron Storm, international singing sensation, now has verified that his website is one of the most popular sites for a musician in the world. Coming up to almost 20 million hits, the numbers are staggering. Check out the web site to see what all the fuss is about and order your copy of the sensational "Take it Easy" CD for $16.99. You will never be the same after listening to this album.

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. The reference to the private placement is not an offering or a solicitation of any kind and is to be considered a notice only. All information is subject to change.

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