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Tuesday, 06/01/2010 7:38:43 AM

Tuesday, June 01, 2010 7:38:43 AM

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"EFGU News" Empire Acquires Exclusive Rights for the 2010 Golden Gloves

http://www.marketwatch.com/story/empire-acquires-exclusive-rights-for-the-2010-golden-gloves-2010-06-01?reflink=MW_news_stmp

WESTLAKE VILLAGE, Calif., Jun 1, 2010 (GlobeNewswire via COMTEX) -- Empire Film Group, Inc. (Pink Sheets:EFGU) has announced their exclusive relationship with National Golden Gloves as official rights holder to produce and distribute the 2010 Golden Gloves Tournament of Champions. The event will be produced by Empire Sports Group, a wholly owned subsidiary of Empire Film Group.

"Empire Sports Group is now to Golden Gloves what NBC is to the Olympics," said Dean Bornstein, C.E.O. of Empire Film Group. The acquisition of the Golden Gloves television and media rights is one of many projects Empire Sports Group has secured. The Company expects to be a leader in sports programming and is actively developing, producing and marketing premier sports projects.

"The Golden Gloves organization is pleased and encouraged with the involvement of Empire Sports Group," said Jim Beasley, Executive Director of National Golden Gloves. "We look forward to the upcoming tournament."

Golden Gloves has been the premier brand for amateur boxing in the United States since their first tournament in 1923. Since then, the Golden Gloves program has led the way in providing opportunities for young boxers to develop personal and athletic skills in and out of the ring. Former Golden Gloves Champions include Joe Louis, Sonny Liston, Muhammad Ali, Joe Frazier, George Foreman, Sugar Ray Leonard, Mike Tyson, Evander Holyfield, Floyd Mayweather Jr, and Oscar De La Hoya.

"The Tournament of Champions is a celebration of all the hard work our amateur boxers have completed over the year," said Beasley. The 2010 Golden Gloves Tournament of Champions will take place May 3-8, in Little Rock, Arkansas. Empire Film Group is proud to be a part of boxing's strong heritage and bright future," said Empire C.E.O. Dean Bornstein.

Empire Film Group, Inc. is a fully-integrated film and television production and distribution company with distribution capabilities to reach theatrical, video, television, video-on-demand and international markets through its wholly owned subsidiary Producers Releasing Organization.