Imperia Entertainment Appoints New Chief Executive Officer

Imperia Entertainment Appoints New Chief Executive Officer

BEVERLY HILLS, Calif., Jan. 9 /PRNewswire-FirstCall/ -- Imperia Entertainment, Inc. (Pink Sheets: IPEI) announced today that it has appointed Jeff Ritchie as its new Chief Executive Officer and Chairman. The current CEO and Chairman, Kenneth Eade, will be stepping down immediately, retaining his position as corporate counsel.

Jeff Ritchie began his film career in post-production by using advancements in computer technology to create a cost-effective computer graphics company with such clients as Disney and CBS. Having a lifelong passion for filmmaking, Ritchie sold his company and started working in film production. Ritchie worked for various studios, completing over 15 films, during that time Ritchie quickly rose up the ranks of feature film producer, and has produced over a dozen feature films, written three produced scripts and produced numerous commercials all in the last eight years. Ritchie has experience in managing private production companies, working for such production companies such as Crystal Sky Communications (Ghost Rider, Baby Geniuses), Roger Corman's New Horizon (The Haunting of Hell House), and has become a mainstay in the film industry and has developed solid relationships with studios and mini majors along with working relationships with production companies, sales distribution companies and with management and talent agencies. Ritchie's film credits include 'SOULKEEPER' a film made on a very modest budget, which premiered on the sci-fi channel in 2001 and scored in the top non-theatrical sales week after week at video stores. He produced and wrote 'COOKERS' a hardcore, gritty drug/horror story that has made the rounds at many film festivals including Milan Film Festival where it won Best Film, Best Cinematography, Best Editing and Best Music. It also won best film and best script at Screamfest and has garnered awards at many other film festivals around the world. 'COOKERS' also enjoyed a small but successful theatrical release. Ritchie wrote and produced 'AMERICAN CRIME,' a psychological thriller which stars Rachel Leigh Cook, Kip Pardue, Annabella Sciorra and Carey Elwes. He followed it with the release of the heartwarming romantic Comedy 'MR. FIXIT' starring David Boreanaz, both films had overseas theatrical releases and garnered high sales domestically.

Currently Ritchie is the producer of NEVER SUBMIT, a ROCKY-esque story set in the tough world of MMA. Ritchie is represented by the William Morris Agency as a Producer by Cassian Elwes, a name synonymous with blockbuster independent films, From Pulp Fiction to Bobby. Cassian's limited cliental includes Morgan Freeman and Emilio Estevez. Ritchie's unique style of hands-on producing has allowed him to make top quality films on very limited budgets. An established and respected feature film producer, Ritchie brings his multi-talented abilities to the table delivering great production value to a project, along with creative content and an eye for talent and above all, solid leadership.

ABOUT IMPERIA ENTERTAINMENT

Imperia Entertainment, Inc. (http://www.imperiaentertainment.com/) is a company that has emerged as a player in the area of independent film production and distribution. The company engages in investing in and producing full-length feature films. Imperia's film properties include its feature film, "Say It In Russian" (http://www.sayitinrussianmovie.com/), starring Faye Dunaway, and "Never Submit," starring Corey Sevier, Ernie Hudson and star MMA fighters Ken Shamrock, Josh Koscheck, Michael McDonald, Mauricio Shogun Rua, and Nate Quarry, the award-winning "Autograph" television series, and "The New Three Stooges" cartoon series, a series of 156 cartoons and 41 live wraparound skits featuring The Three Stooges, and eight other feature films.

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 Imperia Entertainment, Inc. and members of its management as well as the 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. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

First Call Analyst:
FCMN Contact:

Source: Imperia Entertainment, Inc.

CONTACT: Kenneth Eade of Imperia Entertainment, Inc., +1-310-275-0089,
info@imperiaentertainmentinc.com

Web site:

http://www.imperiaentertainment.com/

-------
Profile: intent