August 1, 2006

Fuego Entertainment Announces Programming Highlights for Citytv Puerto Rico

MIAMI, August 1, 2006 -- Fuego Entertainment, Inc. (OTC Bulletin Board: FUGO) today announced that it has formalized key agreements and partnerships in anticipation of the launch of Citytv Puerto Rico on August 25, 2006. Fuego has negotiated original television productions and licensed content with such companies as Promofilms, Artear, Telefe, Empire Entertainment, Studio G, and others. These alliances will add high-quality broadcast programming designed for the local and US-Hispanic market.

One of the major prime time shows to air on Citytv Puerto Rico will be City Capsulas, which utilizes the concept created by CHUM to provide members of the general public the ability to voice their opinions. Citytv Puerto Rico will place five video kiosks, called “Speakers Corner,” around Puerto Rico and eventually place another two video kiosks in Orlando and two more in New York City.

“Speakers Corner video-booths are a foundation of our commitment to accessible television, and provide Puertoricans the ability to voice their opinions,” said Hugo Cancio, President and CEO of Fuego Entertainment. “Additionally, these taped segments will be the content source for other shows. Speakers, street performers, singers, protesters, the angry, the happy, lovers and anyone with something to say or show 24 hours a day. In cities where Speakers Corners have existed for some time now users have gotten married on screen, comedians breaking into the business, and even future rock stars, have made their television debuts.”

Fuego Entertainment has also created strategic advertising partnerships in print media with El Nuevo Día and in FM radio with Nocturno, La X, and Alfa Rock. These arrangements will raise awareness for the channel’s launch and promote Citytv Puerto Rico and its unique programming.

Citytv Puerto Rico will deliver locally-focused programming, celebrating and reflecting the diversity of the community.

Fuego Entertainment is primarily engaged in directing, producing, marketing, and distributing entertainment products, including feature and short films, documentaries, television shows, music, and tour productions.

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