Zuma Beach Entertainment Acquires Ownership Interest in a Slate of Film/Television Projects

Zuma Beach Entertainment Acquires Ownership Interest in a Slate of Film/Television Projects

BURBANK, Calif., Feb. 7 /PRNewswire-FirstCall/ -- Zuma Beach Entertainment, Inc. (Pink Sheets: ZMBC) announced today that it has acquired ownership interest in a slate of film and television projects. A general acquisition agreement was signed on February 6, 2008 between Zuma Beach Entertainment Inc. ("Zuma") and Westlake Productions, LLC ("Westlake"). Interest acquired by Zuma from Westlake, in exchange for an equity interest in Zuma, shall represent the percentage ownership interest, in perpetuity, for a slate of projects.

Zuma acquired interest to the projects owned by Westlake, whose Managing Members and Producers include Freddy Braidy, Nicholas Celozzi and Daniel Cannon. Details of each project will be announced chronologically corresponding to the production and release schedule of each respective project.

Mark Savoy (Chairman and CEO of Zuma) stated, "We are excited about the acquisition and the ability to bring profitable and tangible assets into Zuma. We feel that the slate that Freddy and Nicholas have lined up for 2008 and 2009 include projects that have the potential to be nominated and award winning."

Freddy Braidy expressed similar sentiments. "We are equally excited to have entered into this working relationship with Zuma Entertainment and we are looking forward to a long and healthy relationship."

About Freddy Braidy and Nicholas Celozzi

Freddy Braidy has a long and varied presence in the film industry. He has worked with Franchise Pictures as a Development and Production Executive and has assisted in structuring film financing with these Los Angeles based productions companies for the past ten years. Braidy recently produced the drama Gospel Hill and the romantic comedy Blonde Ambition, starring Jessica Simpson and Luke Wilson. Other Producer credits include the action adventure Rescue Dawn (2006) and the science fiction adventure Retrograde (2004).

Nicholas Celozzi is a prominent Actor, Director, Producer and Writer. He was the Executive Producer and starred in Dumb Luck in Vegas (1997) and directed Deep Cover, a.k.a. Checkmate (1996) and Dark and Deadly (1995).

Braidy and Celozzi were Producer and Co-Producer for the comedy films 7-10 Split (2007) and Bottoms Up (2006) and the thriller Lost Angel (2004). Celozzi also wrote the story and screenplay and starred in Lost Angel.

About Zuma Beach Entertainment, Inc.

Zuma Beach Entertainment is engaged in the business of producing, distributing, marketing, acquiring licensing, and selling motion pictures, television programming and sports entertainment products in all markets worldwide. Worldwide markets include domestic and international theatrical exhibition, home video, network television, cable television, pay per view cable television and DVD sales. Non-theatrical markets include airlines, schools, hospitals, libraries and hotels. The Company has certain rights to market ancillary products relating to its entertainment products including soundtrack music and merchandising items. The Company aims to build a comprehensive entertainment library that exceeds consumer demand for high quality, captivating entertainment with an objective of creating maximum shareholder value.

Safe Harbor Statement

Certain statements in the press release constitute "forward-looking settlements" relating to Zuma Beach Entertainment within the meaning of the Private Securities Litigation Reform Act of 1995. All statements regarding future events, our financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In some cases you can identify forward-looking statements by terminology, such as "may", "will", "would", "should", "could", "expect", "intend", "plan", "anticipate", "believe", "estimate", "predict", "potential" or "continue", the negative of such terms or other comparable terminology. These statements are only predictions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements.

Website: http://www.zumabeachentertainment.com/

First Call Analyst:
FCMN Contact:

Source: Zuma Beach Entertainment, Inc.

CONTACT: Michael Douglas, Director of Investor Relations of Zuma Beach
Entertainment, Inc., +1-818-333-2620, michaeld@zumabeachentertainment.com

Web site:

http://www.zumabeachentertainment.com/

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