Director's Cut of Imperia Entertainment's ``Say It In Russian'' Finished.

BEVERLY HILLS, Calif. -- Imperia Entertainment (Pink Sheets:IPRE) announced today that Director Jeff Celentano has finished his director's cut of the feature film, "Say It In Russian." "This marks the final stage of post production, and we expect that the film will be ready to present to film festivals by August 15," said Straw Weissman, Post Production Supervisor. An original musical score for the film is currently being composed by award winning composer, Vincent Gillioz (The Grudge, Runaway Jury).

About "Say It In Russian"

"Say It In Russian" (www.sayitinrussianmovie.com) marks the leading role debut in American film for Agata Gotova, who also penned the screenplay which is loosely based on her true life story. The powerful film follows the story of an American man who falls in love with a young Russian girl and follows her to Russia, where he gets involved in a hurricane of events surrounding her father, a rich Russian oligarch. Legendary talent Faye Dunaway also stars in the film, which is set in the picturesque capitals of Paris and Moscow.

A newcomer to American cinema but not to the entertainment industry, Gotova began her career as a child in the former Soviet Union, where she starred in the children's morning television show, "Budilnik." As a teenager, she toured Europe and the Soviet Union as a principal member of the dance ensemble, "Kalinka," and headlined the 1989 film, "Kalinka." As a young adult, she developed a successful theater career in Russia, which culminated in famous satirist Mikhail Jevanetsky's "Political Cabaret," before immigrating to France and then to the United States, where she has produced films and television programs, including the award-winning celebrity interview program, "Autograph."

Additional cast members include Steven Brand ("The Scorpion King"), Rade Sherbedgia ("Surface"), Alex Nesic ("Sleeper Cell"), Steven Berkoff ("Beverly Hills Cop"), star leading man of the Soviet film era, Oleg Vidov ("Red Heat"), actress Musetta Vander ("Wild Wild West"), and actor Elya Baskin ("Moscow on the Hudson").

About Imperia Entertainment

Imperia Entertainment, Inc. (www.imperiaentertainment.com) has emerged as a player in the area of independent film production and distribution, once monopolized by the major film studios. In conjunction with its distribution subsidiary, Imperia International Distribution, the company engages in investing in and producing and distributing full-length feature films. Along with its equity interest in "All That I Need" (www.allthatineed.net), released in theaters last December, Imperia's film properties include its feature film in post production, "Say It In Russian," "Brothers," by Tarquin Gotch ("Home Alone"), "Never Submit," a feature film on the subject of mixed martial arts, "Whiskers," a family film by Jordan Klein (Flipper, Cocoon), made by Imperia's subsidiary, Muller Media, Inc. (Pink Sheets:MUME), and the award-winning "Autograph" television series (www.autograph.tv), which airs on the OlympuSAT system.

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Imperia entertainment, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. All financial projections have been prepared by management, and are based on assumptions as to future events and conditions which may or may not occur. Most of these assumptions are beyond the company's control and merely represent management's forecasts. To the extent actual experience varies from any one or more of the assumptions, actual financial results will differ. While the company makes these projections in good faith, investors are cautioned that they are based on the company's limited experience, represent goals and objectives, and are unreliable and of questionable value when making an investment decision.