SOURCE: SuperVision Entertainment Inc.

January 02, 2007 04:00 ET

SuperVision Entertainment Inc: (TICKER SYMBOL: SVET) "SuperMag" Update: $520 Million for USA Marketing Rights

LOS ANGELES, CA -- (MARKET WIRE) -- January 2, 2007 -- SuperVision Entertainment Inc: (PINKSHEETS: SVET) Because of the huge interest worldwide in the "SuperMag" technology the company has had to reassess its marketing rights program. With enquiries for marketing rights from countries such as China, Russia, France, Italy, Spain, India and elsewhere, the technology and the possible ramifications of such technology, has clearly captured the imagination of the world.

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. Every home in the world, office building and any other structure requiring heat and electricity is a potential customer. In addition, amazing breakthroughs in the health field incorporating magnetic turbine technology, such as the artificial heart recently installed in a patient at the Royal Victoria Hospital in Montreal, have made medical history.

In the United States many individuals and corporations have expressed interest in obtaining the marketing rights for the "SuperMag" product. The apparent emerging value based on this current interest level, puts the minimum value of the marketing rights for the "SuperMag" electrical generator at $520 million dollars. However, the company fully expects this to be much higher and could easily be double this amount.

The 'SuperMag' engine is a hi-tech proprietary device and is the first of its kind in the world. The 'SuperMag' engine is designed to be scalable so that it can power any sized structure, or any number of structures. It is also environmentally perfect with zero emissions. The first public display of the technology will be co-coordinated with the Southern California Investment Association (SCIA) later this year. Approximately 200 brokerage representatives, accredited investors, hedge funds and underwriters attend this conference. However, the company is expecting several times that number to attend once a date has been set for the display.

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.

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