Imperia Entertainment Finishes Picture on Feature Film, "Say it in Russian".

Company Begins Screening for Select Top Sales Agents

BEVERLY HILLS, Calif. -- Imperia Entertainment (Pink Sheets:IPEI) announced today that it its award-winning editor William Anderson ("The Truman Show," "Fearless") has finished the final cut of its feature film, "Say it in Russian." The film is expected to go to final 35mm print by the end of the year, in time for screenings at key film festivals. "Our screening strategy really depends upon which sales agent we choose to go with," said Kenneth Eade, Executive Producer. "We were approached by John Sloss' Cinetic Media (Napoleon Dynamite, Boys Don't Cry, Little Miss Sunshine), the largest seller of English language films in the U.S. market, for a private screening, so, of course, we had to oblige and let them screen the current digital version of our film with temporary sound and music," said Eade. "Cinetic was interested in screening 'Say it in Russian' from its review of the Sundance Film Festival submissions and the theatrical trailer, and although we have always thought it to be a commercial rather than an art film, it does have some unusual cinematic elements. In any event, we expect this film to be placed by the time we attend the Berlin Film Festival and market in February," he added.

The film's editor, William Anderson, won the 1984 AFI Award for Best Achievement in Editing for "Razorback." He won the AFI Award for Best Achievement in Editing for "The Year of Living Dangerously," in 1982, the same award for "Gallipoli" in 1981 and for "Breaker Morant" in 1980. He was nominated for the BAFTA Best Editing Award for "Dead Poets Society" in 1989 and the OFCS Award for "The Truman Show" in 1998. "William's cut made the film 110% better, and anyone who has seen our trailer, even in its low resolution Internet form, can see that we have something special here," said Eade.

"Say it in Russian," (www.sayitinrussianmovie.com) starring Rade Sherbedgia, Steven Brand, Agata Gotova, and Steven Berkoff, is the company's second feature film. 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.

About Imperia Entertainment

Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a company that 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 "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, 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.