Imperia Entertainment, Inc. to Hold Conference Call With Investors

Imperia Entertainment, Inc. to Hold Conference Call With Investors

BEVERLY HILLS, Calif., Jan. 4 /PRNewswire-FirstCall/ -- Imperia Entertainment, Inc. (Pink Sheets: IPEI) announced today that a general investors conference call will be held on Tuesday, January 8, 2008 at 10:00 a.m. Pacific Standard Time, to discuss the financial condition of the company and its capital needs, the restructuring of its senior management team, and the restructuring of its outstanding common and preferred share capital. The call is open only to existing shareholders of the company who RSVP to Vice President/Capital Markets George Ivakhnik at 310 275 0089, 9:00 a.m. through 5:00 p.m. Pacific Standard Time. The company has been interviewing with qualified candidates to replace existing Chairman and CEO Kenneth Eade as part of the senior management reconstruction. "The company has passed its seed capital phase and is now in its early growth phase, but is experiencing difficulties accessing additional expansion capital," said Kenneth Eade, Chairman. "Replacing the existing CEO and Chairman of the company with a more experienced film maker and restructuring its common share capital and eliminating preferred shares is seen as the way to move the company through this stagnant phase and attract new accredited and institutional investors," he added.

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.imperiaentertainment.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/

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