ORLANDO, Fla., July 28, 2005 (PRIMEZONE) -- Raven Moon Entertainment, Inc. (OTCBB:RVMN) is pleased to announce that it has renewed an agreement with Clubhouse Videos, Inc. whereby beginning August 1, 2005, Clubhouse Videos, Inc. will turn over for sale an already paid for inventory of manufactured GINA D'S KIDS CLUB(r) products to Raven Moon Sales, Inc., a wholly owned subsidiary of Raven Moon Entertainment, Inc.
The new three-year agreement will increase Raven Moon's percentage of sales revenues from 25 percent to 50 percent on all worldwide gross revenues from the following manufactured and paid for products:
"Gina D's Kids Club" Volume 1, ("Join The Club"); "Gina D's Kids Club" Volume 2, ("Good News"); "Gina D's Kids Club" Volume 3, ("Smile-A-bility"); the "Gina D's Kids Club" Three Episode DVD; "Gina D's Cuddle Bug Christmas" VHS and DVD; the "Gina D's Kids Club" Music CD Volume 1 & 2; the "Young America" Limited Edition CD single; "Gina D's Dance Party Music CD; the "Sing A Long With Gina" VHS and DVD.
In addition, as part of the deal Raven Moon has acquired 100 percent of the entire "Cuddle Bug" plush toy and "Christmas Cuddle Bug" inventory manufactured and already paid for, which is valued at approximately $82,000.
About Raven Moon Sales, Inc.
Raven Moon Sales, Inc., under the guidance of Director of Sales and Marketing, Janet Serluco, formerly of Action Products, and Director of Promotions and Special Events, Diana Holiday, is currently generating advertising revenues from advertisers who advertise each week on the GINA D'S KIDS CLUB(r) program through TVi Media in New York. The company is set up to sell through direct television advertising and the Internet. The newly acquired product line will be sold through television commercials via per-inquiry advertising, which is cost FREE to Raven Moon on television stations across the country.
"We think this is a WIN-WIN day for both Raven Moon Entertainment, Inc. and Clubhouse Videos, Inc. shareholders," stated Joey DiFrancesco, Raven Moon's CEO.
Raven Moon Entertainment has recently announced that the GINA D'S KIDS CLUB(r) program has grown from one to 162 television stations in one year under the guidance of Len Koch and Bob Silberberg of Role Entertainment.
For syndication information call the Role Entertainment Team consisting of: Len Koch and Bob Silberberg at (201) 568-4800, Bob Greenstein ( 561) 276-9080, David Steinfeld (917) 332-8187, Doug Streff (310) 553-3735 and Val Cooley (703) 444-9892 or visit www.roletv.com.
For information on Raven Moon Entertainment and GINA D'S KIDS CLUB(r) visit www.ravenmoon.net or www.ginadskidsclub.com.
For company information contact 1-407- 304-4764 or www.ravenmoon.net.
Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.