Fuego Entertainment Announces $425,000 in Advertising Revenue From Beverage Plus
Market Wire, March, 2008
Fuego Entertainment, Inc. (OTCBB: FUGO) today announces advertising revenues of $425,000 for multiple banner advertisement on Fuego's new web portal www.fuegoentertainment.net . In January the company reported revenues from Beverage Plus in the amount of $300,000. An additional contract was executed on February 22, 2008 in which Beverage Plus paid an additional $75,000 on February 22nd and $50,000 on March 1st for a total of an additional $125,000.00. Beverage Plus gained additional advertisement exposure in exchange, which includes web portal banners placements and listings within our email and postcard marketing campaigns to our current subscribers and other opt-in visitors requesting information about our offers of music and video downloads.
The contract was negotiated with Beverage Plus, a Nevada Corporation, and the holder of an exclusive worldwide license for the entire beverage product line of the Missouri-based Roubi Doux Beverage Company. Beverage Plus, a company now exporting to Latin American countries, wishes to align itself with companies such as Fuego Entertainment, Inc. who market to Latin American consumers.
The revenue-generating banner advertisement is for MC2 Energy Drink made by Beverage Plus, a major producer of quality beverages being sold to consumers through supermarkets and convenience stores nationwide. The duration of this banner ad is 120 days.
Ronald Serota, President of Beverage Plus, writes that, "We are very pleased with the advertisement banner we placed with Fuego Entertainment, Inc." He continues, "We have seen a significant increase in traffic to our website. The statistics show that hundreds of thousands of visitors have viewed our site since our listing with Fuego in early January. It appears that our $300,000 investment in advertisement with Fuego was a wise decision."
Fuego Entertainment, Inc. is engaged in the production, acquisition, marketing, sales, and distribution of entertainment products. For more information, please visit Fuego Entertainment at http://www.fuegoentertainment.net .
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Fuego Entertainment, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
Contact: Fuego Entertainment, Inc. Dan York Investor Relations 214 675-2531 ir@fuegoentertainment.net
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