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Fuego Entertainment Acquires 15 "Lost" Recordings by The Beatles

Fuego Entertainment, Inc. today announced it has acquired 15 tracks of previously unreleased music by John Lennon, Paul McCartney, George Harrison and Ringo Starr, "The Beatles." The recordings were made in 1962, a short time before their signing with E.M.I., during the FAB FOUR'S first live appearance together at the Star Club in Hamburg, Germany playing before a small audience of about twenty to thirty people. The original tape of this live recording was "lost" for over 33 years in the record and tape collection of legendary music producer and promoter Mr. Jeffrey Collins.

The Star Club Hamburg recorded most groups that appeared at their club in the late 50s and early 60s under a performance contract that included payment in full for any live recordings made at their club. Many of these recordings were released by Polydor (West Germany). However this particular tape was sold along with several others to Jeffrey Collins, of the Collins Organization, a booking agency in London, England. The original idea was that the tapes would be used to promote the Star Club as a venue and the groups to other clubs that the Collins Organization used. The tapes were in fact not touched until 1994 when, with the release of the B.B.C. tapes and a renewed interest in The Beatles, Mr. Jeffrey Collins decided to search for the lost tapes.

This 15 track set was recorded at the Star Club in Hamburg, Germany a short while after the Ted Taylor recordings and boast different and perhaps better takes of "A Taste of Honey" and "Hippy Hippy Shake" (using Tony Sheridan as a 5th Beatle). These are the only two songs found on the original Star Club releases with which this recording should not be confused.

This is an historical recording because it was the very first time that Ringo Starr actually played with The Beatles "live" after replacing Pete Best on the drums.

Other tracks make good use of Kingsize Taylor's Band "The Dominoes" who utilize their piano on such Beatles favorites as "Money, " "Twist and Shout" and "I Saw Her Standing There" all of which were subsequently used on The Beatles' first studio recordings for E.M.I.

What makes this album truly unique are the eight songs not available on any previously released L.P.s or singles - which include Paul McCartney singing Hank Williams' "Lovesick Blues" and George Harrison vocalizing Maurice Williams' "Do You Believe." One of the most outstanding tracks on this album must be "Ask Me Why" showing just how John Lennon and Paul McCartney became such a winning combination.

The complete list of all the tracks, the complete story of how this "lost" tape from The Beatles came into the possession of Mr. Jeffrey Collins and sound clips from several of the recordings from this album will soon be available on our Fuego Entertainment, Inc. web site at http://www.FuegoEntertainment.net. When you enter the web site click on the "Fuego Plus" menu button.

"I am delighted to be given the opportunity to work with such professional businessmen within the Fuego Entertainment Organization and I am truly looking forward to running the new joint venture and achieving the goals that we will set for ourselves, " said Jeffrey Collins.

"Our previously announced Joint Venture with Mr. Collins's Echo Vista Group, incorporates into our exciting music library an extraordinary, diverse, valuable catalog of music. In some cases, never released recorded music, The Beatles is only one example. I'm extremely excited about this acquisition and the future release of this historical Beatles album. They are one of the most commercially successful and critically acclaimed music groups in the history of popular music, " stated Hugo Cancio, President & CEO of Fuego Entertainment.

This one of a kind historical album will be released under the Echo-Fuego joint venture, a majority control music division of Fuego Entertainment. A release date will be announced in the near future.

Fuego Entertainment, Inc. is engaged in the production, acquisition, marketing, sales, and distribution of entertainment products such as short films, documentaries, television shows, music, and tour productions. Also, through its subsidiaries, the Company provides management and development of television stations, recorded music, and music publishing services worldwide. The music operations include discovery, production, development, and distribution of recorded music. The Company also markets its music catalog through compilations and re-issues of previously released music and video titles, as well as licenses tracks to and from other producers and record labels for various use, including film, documentaries, short films and television soundtracks. For more information, please visit Fuego Entertainment at www.fuegoentertainment.net

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 Fuego Entertainment, Inc., members of their management, and 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.



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