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Silver Screens Studios: Global 1 Realty Corporation to Launch $25 Million Real Estate Fund for Global Investors
Business Editors / Entertainment Editors

ATLANTA--(BUSINESS WIRE)--Aug. 22, 2006-- Silver Screen Studios, Inc. (OTCBB: SSSU) http://www.silverscreenstudiogroup.com , http://finance.yahoo.com/q?s=SSSU.OB , Traders Nation http://www.tradersnation.com/sssu.shtml , Global 1 Realty Corporation http://www.1global1realty.com to launch $25 million Reg. S fund for global investors.

Global Real Estate Fund

Our strategy business unit Global 1 Realty Corporation will launch it first global real estate fund for global investors. Global 1 will launch the fund for $25 million to invest in U.S real estate in the southeast United States. The fund will be launched and funded under Regulation S and will be available for non US residents only. The fund will invest in distressed and non-distressed value based real estate and will feature an equity and debt component and will accept investments in Euros, Yen, Pounds, Canadian dollars and other global currencies.

This is the initial fund to be launched under the Global 1 brand. We have in development a real estate hedge fund as well as a real estate securities fund. Our objective is to develop the Global 1 brand into a family of funds focused on the real estate industry.

Internal Investment Banking

Our internal investment banking unit is in development of a real estate security structure that will allow an investor to participate in the acquisition, rehab and refinancing of a property with a single investment. Once this structure is finalized we intend to launch a separate fund under Reg. S for $50 million to acquire distressed properties at a wholesale price in a bulk transaction.

FAQs:

Q1------How will a SSSU investor benefit from the Global 1 strategy?

A1-------An SSSU investor will benefit by the profit participation and equity ownership SSSU will have in each fund that is launched. SSSU will receive a management fee and incentive fees from each fund which we believe will have a positive impact on SSSU's equity.

Summary:

Our business model and financial development is proceeding to take shape and we have the necessary tools and initiatives in place to build out the company's infrastructure now that we have located to our permanent business address. Other funds are in development for our entertainment and financial services partners. More information will be forthcoming regarding our funding agenda.

Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.

KEYWORD: NORTH AMERICA GEORGIA UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES PROFESSIONAL SERVICES FINANCE CONSTRUCTION & PROPERTY SOURCE: Silver Screen Studios, Inc.

CONTACT INFORMATION: Silver Screen Studios, Inc. Donald Evans, 404-255-0400 [e-mail].