November 14, 2006
Fuego Entertainment Launches 24-Hour Programming
Network on KVPX Channel 28 in Las Vegas
MIAMI, November 14, 2006 -- Fuego Entertainment, Inc. (OTC Bulletin Board:
FUGO) today announces that it has launched KVPX Channel 28 in Las Vegas,
Nevada. This FuegoTV network station is currently broadcasting varied
content, including movies, talk shows, gaming events, and sports.
“We are very excited about launching our new station in Las Vegas. By
providing quality 24-hour programming, we will be able to attract local
and national advertisers to this market and our network,” stated Hugo
Cancio, CEO of Fuego Entertainment. “We will continue expanding into other
markets by acquisition and development and add additional components to
our network.”
Fuego Entertainment manages and operates KVPX Channel 28 under a lease
management agreement that includes a two-year purchase option of $3.2
million.
With stations in Las Vegas and Puerto Rico, Fuego Entertainment, Inc. is a
media and entertainment company primarily engaged in the television
broadcasting of Spanish-speaking programming on its US television network,
FuegoTV. The Company also produces filmed content and manages a music
record label, Fuego Entertainment Music International (FEMI), with seven
Latin artists. For more information, please visit Fuego's website 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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