SOURCE: WGL Entertainment Holdings, Inc.

March 15, 2007 07:00 ET

WGL Million Dollar Shootout a Big Hit at SPORTEL America

MIAMI, FL -- (MARKET WIRE) -- March 15, 2007 -- WGL Entertainment Holdings, Inc. (OTCBB: WGLT) announced today that its reality television series, The WGL Million Dollar Shootout (MDSO), was very well received at the SPORTEL America convention in Miami, Florida this week. Several International markets have expressed their interest to air the U.S. version of the MDSO and purchase the format rights to create customized versions for their markets. They include Canada, Japan, South America, Europe, Japan, China, South Korea, Dubai and South Africa. Two major American distributors have also taken on the MDSO for U.S. distribution.

"SPORTEL America was a major success for us and will deliver very short term results for airing and format contracts in the international markets. We are well on our way for worldwide exposure for the MDSO, which will lead to a mainstream network deal in the U.S. Market," said Mike Pagnano, CEO of WGL Entertainment Holdings, Inc.

WGL Entertainment Holdings, Inc. produces through its wholly owned subsidiary, WGL Entertainment, the WGL Million Dollar Shootout Reality Television Series and plans several other sports and non-sports television entertainment products for 2007 and beyond.

To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. The Company takes no obligation to update or correct forward-looking statements.

Contact Information