The Idol Maker's Ready to Ride H3
The Idol Maker's Ready to Ride H3
H3Enterprises signs JVA with legendary music mogul Lou Pearlman
NEW YORK, Jan. 11 /PRNewswire-FirstCall/ -- H3Enterprises, Inc. has announced the signing of a Joint Venture Agreement with Lou Pearlman, the man behind several of the most successful music acts of recent memory, including Justin Timberlake, N Sync, and The Backstreet Boys.
The Agreement calls for HTRE and Pearlman to jointly develop H3's award winning HipHopSodaShops throughout the Orlando and Tampa markets. Pearlman will be paying HTRE an undisclosed amount of cash to participate exclusively in the development of these markets. Pearlman will also be bringing his wealth of entertainment, media, and franchise contacts to H3 including a potential National Television deal with a major network.
"Having Lou Pearlman join Team H3 is as good as it gets," said HTRE founder and President Brian "H3" Peters. "The man has proven over and over again that he has his hands firmly on the pulse of the entertainment industry and always stays ahead of the curve. We are truly honored that he has chosen to become an integral part of our Company's ongoing development."
"I'm totally impressed with everything I see surrounding HTRE", said Pearlman. "The HipHopSodaShop is maybe the best new franchise concept I've come across, giving the most sought after demographic a place they can truly call their own. George Lois and H3 have managed to incorporate all the most popular and profitable elements from the Hip Hop culture into the SodaShops, while making sure that the stores are all inclusive and very community conscious. I look forward to bringing everything I can to this extraordinary Company and team."
H3Enterprises is the first publicly traded company devoted to the Hip Hop culture and community. H3s HipHopSodaShops are expected to create thousands of jobs and scholarship opportunities throughout communities across America. HTRE is the owner, creator, licensor, and franchiser of HipHopSodaShops, H3Raps, H3WhiteTeaBeverages, H3Merchandising, H3CyberSports, H3'sWorldSeries of CyberSports, and HipHopHeaven.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results
Contact: 877-H3-Hiphop ask for Public Relations
Source: H3Enterprises, Inc.
CONTACT: 1-877-H3-Hiphop, ask for Public Relations
Web site: http://www.hiphopsodashop.com/
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