SOURCE: H & H Imports, Inc.

March 30, 2011 18:30 ET

TV Goods, Inc. and 50 Cent's SMS Audio, LLC Reach Preliminary Agreement for TV Goods to Provide Direct Response Marketing to SMS Audio, LLC

CLEARWATER, FL--(Marketwire - March 30, 2011) - TV Goods Inc. ("TV Goods"), a direct response marketing organization and wholly owned subsidiary of H & H Imports, Inc. (OTCBB: HNHI), announced that it has entered into a term sheet with SMS Audio, LLC ("SMS"), an affiliate of rapper and business-mogul 50 Cent's G-Unit Brands, Inc. The term sheet sets forth the material terms of an exclusive engagement for TV Goods to produce and distribute a direct response television infomercial to globally market a wireless over-the-ear headphone product that will bear the name "Sleek by 50" that SMS has reached preliminary agreement with Sleek Audio, LLC ("Sleek") to acquire. The transaction described in the term sheet between TVG and SMS will become effective upon SMS consummating the acquisition of the product from Sleek and the execution of a definitive agreement by TV Goods and SMS. 

With respect to the TV Goods and SMS transaction, 50 Cent said, "I am excited to be taking the next step toward the launch of a line of high-quality audio products. TV Goods is the right partner for direct response marketing of our first audio product. This is their specialty. I know quality sound equipment, and TV Goods knows how to bring it to consumers through their living rooms."

Kevin Harrington, Chairman of the Company said, "Working closely with 50 Cent has had a tremendous impact on the company and its future prospects. He is a great marketer with an eye for business opportunities."

Further information is available in today's 8k filing. 

About The Company:
H & H Imports, Inc. is the parent company of TV Goods, Inc. TV Goods Inc. is a direct response marketing company. We identify, develop and market consumer products for global distribution. TV Goods was established by Kevin Harrington, a pioneer of direct response television. Kevin Harrington is an original investor on the ABC show Shark Tank, which is produced by Sony Pictures Television and reality TV mogul Mark Burnett. For more information go to www.TVGoodsInc.com.

Forward-Looking Statements:
Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "expects," or "projected." These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulty in identifying and marketing products, intense competition and additional risks factors as discussed in reports filed by the company with the Securities and Exchange Commission, which are available at http://www.sec.gov.

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