Legends Business Group Inc (LGBS)

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News for 'LGBS' - (Legends Business Group Inks Deal for Exclusive United States Marketing Rights for Patented Lamella Turbine Legends to Partner With Cartina International to Bring Highly-Efficient, Small Hydroelectric Power (SHP) Plant Technology to the U.S.)

MIAMI, May 26, 2011 (GlobeNewswire vi! a COMTEX) -- Legends Business Group (Pink
Sheets:LGBS) and Cartina International today announced they have completed a
deal for the exclusive United States sales and distribution rights of what is
believed to be one of the world's most efficient Small Hydroelectric Power (SHP)
plants. Under the terms of the agreement, Legends will directly market the
advanced European technology that uses a patented process created by Austrian
inventor Lamella.

"Not only are we pleased to be working with Legends but we're proud to be able
to provide this ground-breaking technology to the domestic market," said Carlos
Chomut, president of Cartina International. He continued, "Hydroelectric power
is one of the most sustainable forms of renewable energy as it depletes no
resources, produces no emissions and has minimal, if any, negative environmental
impact. The Lamella Turbine with its patented technology is amazingly efficient
and has the potential ! to revolutionize the future of small hydroelectric power
plants."
Rodolfo Sablon, president and CEO of Legends power, said the goal of the two
parties is to expand the reach of the Lamella Turbine technology.

"The applications for this technology are immeasurable," said Sablon. "The
efficiencies it provides offer small communities and large industrial sites,
both domestically and internationally, a viable power source option far greater
than traditional water wheel based technology."

SHP plants generate electricity by converting the energy available in the
flowing water of rivers, canals and streams. The Lamella Turbine derives
increased efficiency from its proprietary blade system.

Cartina International is a Florida-based professional firm headed by Carlos
Chomut who holds a degree in Civil Engineering from the prestigious Israel
Institute of Technology. His career includes ventures in aviation,
telecommunications, manufacturing, construction and M & A. Chomut's
Cartina/QuantumJet G! roup has negotiated a combined value of more than $5 billion
in groundbreaking transactions.

For more information and a video presentation of the Power Lamella Turbine go
to: http://www.legendspower.com/shp

About Legends Business Group

Legends Business Group, Inc., was incorporated in March 2006, and is a publicly
traded company. The company has recently refocused its purpose and has moved
itself into the alternative and exotic energy marketplace. For more information
please visit: http://www.legendspower.com

Safe Harbor Statement

This report includes forward-looking statements covered by the Private
Securities Litigation Reform Act of 1995. Because such statements deal with
future events, they are subject to various risks and uncertainties and actual
results for the fiscal year and beyond could differ materially from the
Company's current expectations. Forward-looking statements are identified by
words such a! s "anticipates," "projects," "expects," "plans," "intends,"
"believ es," "estimates," "targets," and other similar expressions that indicate
trends and future events. Factors that could cause the Company's results to
differ materially from those expressed in forward-looking statements include,
without limitation, variation in demand and acceptance of the Company's products
and services, the frequency, magnitude and timing of paper and other
raw-material-price changes, general business and economic conditions beyond the
Company's control, timing of the completion and integration of acquisitions, the
consequences of competitive factors in the marketplace, cost-containment
strategies, and the Company's success in attracting and retaining key personnel.
Additional information concerning factors that could cause actual results to
differ materially from those projected is contained in the Company's filings.
The Company undertakes no obligation to revise or update forward-looking
statements as a result of new inf! ormation since these statements may no longer
be accurate or timely.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Legends Business Group, Inc.


By Staff

CONTACT: CONTACT: Investor Relations:

Dave Donlin

Phone: [phone]

Email: [e-mail]



Public Relations:

&! nbsp; ; Peter Nasca

Phone: [phone]

Email: [e-mail]



Corporate:

Rodolfo Sablon

Phone: [phone]

Email: [e-mail]



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INDUSTRY KEYWORD: Energy Industries

SUBJECT CODE: ENERGY

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