Skreem Entertainment Announces One Million Dollar Stock Purchase

Skreem Entertainment Announces One Million Dollar Stock Purchase

ORLANDO, Fla., June 20 /PRNewswire-FirstCall/ -- Skreem Entertainment Corporation (BULLETIN BOARD: SKRM) today announced the purchase of one million dollars of common stock at $1.00 per share by its founder in the company's recent public fundraising.

Charles Camorata, President, explained, "Jeff Martin, who founded the company and has backed it since the beginning, wanted to demonstrate his belief that Skreem Entertainment is a good investment.

Skreem Entertainment is following the blueprint of Lou Pearlman, who made famous the groups Backstreet Boys and 'N Sync. Skreem's acts in Europe have phenomenal followings as they prepare for entry in the U.S. markets. Skreem's efficient approach to the music business is that everything the company does helps every division.

Camorata said, "The operations of Skreem are designed to increase revenues at every level. Talent agents and world-class DJs feed our producers new acts, beats, and songs. Our top-selling acts paired with new talent are marketed through sold-out concerts and nightclub tours. The concerts will be broadcast on http://www.skreem.tv/ , which will generate revenues from advertising sales. The tours, web sites and http://www.skreem.tv/ will sell our CDs, fan merchandise and upcoming tours, which are all designed to bring in new customers."

The company is also in negotiations for a Euro/America music reality TV series with arranged third-party financing, and plans to replicate their success plan in Asia. Skreem Entertainment Corporation is poised for substantial growth with the introduction of its growing roster of acts to a worldwide television audience.

About Skreem Entertainment Corporation

Skreem Entertainment Corporation, headquartered in Orlando, Florida, with an office in Germany, is an international, publicly traded company. The company's divisions include Skreem Records, a fast-growing independent record label, Skreem.TV, JC Skreem Publishing, a concert touring company division, and Skreem Entertainment, which develops and markets its established music acts and new talent that it records in its own state-of-the-art Skreem Record Studios. For more information, visit our website http://www.skreementertainment.com/ or call Charlie Camorata (407) 207-0400.

Investor Relations Contact
Hobson, Lorenze, Bowersock & Associates, LLC
Todd Lorenze-407-327-6444

This press release may contain certain information about Skreem's business prospects and financial projections. These are only prospects and projections based upon good faith current expectations by the management of Skreem. This information is based on assumptions as to future events, which are inherently uncertain and subjective. Skreem makes no representation or warranty as to the attainability of such assumptions or as to whether future results will occur as projected. You are expected to conduct your own investigation with regard to Skreem and its prospects. The company assumes no obligation to update the information in this press release.

Source: Skreem Entertainment Corporation

CONTACT: Charlie Camorata, Skreem Entertainment, +1-407-207-0400; or
investors, Todd Lorenze of Hobson, Lorenze, Bowersock & Associates, LLC,
+1-407-327-6444, for Skreem Entertainment Corporation

Web site: http://www.skreementertainment.com/
http://www.skreem.tv/

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