The Idol Maker's Ready to Ride H3
January 11 2006 - 10:24AM
PR Newswire (US)
H3Enterprises signs JVA with legendary music mogul Lou Pearlman NEW
YORK, Jan. 11 /PRNewswire-FirstCall/ -- H3Enterprises, Inc.
(OTC:HTRE) has announced the signing of a Joint Venture Agreement
with Lou Pearlman, the man behind several of the most successful
music acts of recent memory, including Justin Timberlake, N Sync,
and The Backstreet Boys. The Agreement calls for HTRE and Pearlman
to jointly develop H3's award winning HipHopSodaShops throughout
the Orlando and Tampa markets. Pearlman will be paying HTRE an
undisclosed amount of cash to participate exclusively in the
development of these markets. Pearlman will also be bringing his
wealth of entertainment, media, and franchise contacts to H3
including a potential National Television deal with a major
network. "Having Lou Pearlman join Team H3 is as good as it gets,"
said HTRE founder and President Brian "H3" Peters. "The man has
proven over and over again that he has his hands firmly on the
pulse of the entertainment industry and always stays ahead of the
curve. We are truly honored that he has chosen to become an
integral part of our Company's ongoing development." "I'm totally
impressed with everything I see surrounding HTRE", said Pearlman.
"The HipHopSodaShop is maybe the best new franchise concept I've
come across, giving the most sought after demographic a place they
can truly call their own. George Lois and H3 have managed to
incorporate all the most popular and profitable elements from the
Hip Hop culture into the SodaShops, while making sure that the
stores are all inclusive and very community conscious. I look
forward to bringing everything I can to this extraordinary Company
and team." H3Enterprises is the first publicly traded company
devoted to the Hip Hop culture and community. H3s HipHopSodaShops
are expected to create thousands of jobs and scholarship
opportunities throughout communities across America. HTRE is the
owner, creator, licensor, and franchiser of HipHopSodaShops,
H3Raps, H3WhiteTeaBeverages, H3Merchandising, H3CyberSports,
H3'sWorldSeries of CyberSports, and HipHopHeaven. This press
release may contain forward-looking information within the meaning
of Section 27A of the Securities Act of 1933 or Section 21E of the
Securities and Exchange Act of 1934 and is subject to the safe
harbor created by these sections. Certain information included
herein may contain statements that are forward-looking, such as
statements relating to plans for future expansion and other
business development activities. Such forward-looking information
is subject to changes and variations which are not reasonably
predictable and which could significantly affect future results
Contact: 877-H3-Hiphop ask for Public Relations DATASOURCE:
H3Enterprises, Inc. CONTACT: 1-877-H3-Hiphop, ask for Public
Relations Web site: http://www.hiphopsodashop.com/
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