ORLANDO, Fla., May 15, 2007 (PRIME NEWSWIRE) -- Beere Financial Group's (Pink Sheets:BRFG) subsidiary C.E.D. Entertainment Distribution, an independent distributor of music, video, movies and DVDs, announced today that it has signed an exclusive distribution deal with Sphink Productions for numerous Reggae releases for 2007-2008.
The first release will be a full compilation CD with reggae great Dennis Brown and featuring Benaiah is a grassroots Reggae Band set for the 3rd quarter release.
"Sphink Productions is bringing a number of reggae titles to add to our reggae catalog. We anticipate that our agreement with Sphink will increase our reggae catalog as well as our presence in the Reggae community and our presence globally," stated Steve Lane.
"This signing is extremely exciting and on the heels of the acquisition of the Latin MaxMex catalog revenues for C.E.D. Entertainment Distribution are looking extremely positive for 2007 and 2008," continued Lane.
Beere Financial Group, Inc. is currently featured at AudioStocks, where a profile and other information may be obtained by visiting http://www.audiostocks.com
About C.E.D. Entertainment Distribution
C.E.D. Entertainment Distribution, Inc. is an Independent Music Distributor for North America and Canada with its corporate office located in Orlando, FL and the warehouse fulfillment center located in Carrollton, Texas.
C.E.D's catalog is representative of various genres such as reggae, rock, country, electronic/dance, jazz, hip hop, Latin, gospel and much more. www.CEDEntertainment.com
About Beere Financial Group, Inc.:
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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