C.E.D. Entertainment Distribution Inks North American Deal With Select-O-Hits Distribution


ORLANDO, Fla., June 28, 2007 (PRIME NEWSWIRE) -- Beere Financial Group, Inc. (Pink Sheets:BRFG), announced today that its subsidiary C.E.D Entertainment Distribution, an independent distributor of Music, Video, Movies and DVDs, has entered into a North American Distribution agreement with Select-O-Hits to service their general/retail distribution.

C.E.D.'s first release for distribution through Select-O-Hits will consist of 20 Latin (Mexican and Tropical) compilations. The release is scheduled for August 7, 2007.

In another update, CED's client label Eight 76 Records artist Nadine Sutherland's current album release "Call My name" is #12 on the Reggae Billboard Charts and climbing.

Additional album releases expected under this deal include:

MBIG Music new release from "Sizzla"

Quest Music artist Jerome Ferrell title "Gospel Power Pac" with guest artist including Dorinda Clark and Douglas Miller, and

Night Life Production artist Bang 76

Steve Lane, President/CEO of C.E.D. Entertainment, stated, "Our relationship with Select-O-Hits will provide an excellent outlet for our independent network and for our new roster of artists. This agreement for independent music distribution provides us with a full complement of distribution services. C.E.D. is working on relationships on many fronts as our sister company Vessel Worldwide Music is working the development of a marketing and promotional plan for our labels and catalog products. They are working with a group to develop a fund to accomplish this task. We are expanding in discussions with live event promoters for concert and special events and are hopeful that the events will be available for DVD distribution in 2008 and 2009."

Select-O-Hits currently has sales offices and staff in Memphis, Atlanta, Nashville, Philadelphia, New York, Los Angeles, Sacramento, Miami, Chicago, Houston and Seattle. Select-O-Hits is one of the largest independent record distributors in the country, providing services for over 300 independent vendors to all key U.S. music traditional "brick and mortar" retailers and digital media sites.

Beere Financial Group, Inc. invests in emerging growth companies with market-ready products, strong management teams, and strategies for developing high-growth companies in well-defined markets.

Safe Harbor

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.


            

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