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Hulk Hogan Brings Hulkamania to Stereo Vision's Martial Arts Comedy Kung Fu U 3D

LOS ANGELES--(BUSINESS WIRE)--Stereo Vision Entertainment, Inc. (OTCBB: SVSN), a film production company focused exclusively on developing high quality, low cost, polarized 3D feature films, announced today that Hulk Hogan has been signed to star in its independent production of Kung Fu U 3D.

Stereo Vision's Chief Executive Officer, Jack Honour, stated, "I'm very happy to report that Hulk Hogan has agreed to star in our martial arts comedy, Kung Fu U 3D. Along with his enormous worldwide following of Hulkamaniacs, he has the hottest reality show on television right now with American Gladiators, and we're thrilled to have him bringing all of that energy and enthusiasm to our Kung Fu U 3D project. Stereo Vision's Chairman, Doug Schwartz, has worked with Hulk Hogan on several feature films in the past including Assault on Devils Island, Shadow Warriors, and their big hit together, Thunder in Paradise.”

Stereo Vision's Chairman and Chief Production Officer, Baywatch creator Doug Schwartz, commented, "Kung Fu U 3D is the story of a bunch of nerds and misfits that are sent away by their wealthy parents to the Brentwood Academy, (a.k.a. Kung Fu U) to learn the finer arts of self defense. It's a heart warming romp where the somewhat weathered warriors come to the rescue for the kids, and in turn, the kids rescue the warriors’ souls from what had been their eternal apathy. It's a feel-good story that reminds us that we're all the same, no matter what our age, and that we should all stick together. We plan to film the PG-rated Kung Fu U 3D in Louisiana, taking advantage of their 25% rebate plan. We plan to release Kung Fu U 3D by Spring of ‘09."

About Stereo Vision

Located in Van Nuys, California, Stereo Vision Entertainment Inc. (stereovision.com) is a film production company focused exclusively on high quality, low cost, next generation 3D feature films. Responding to the incredible growth of digital projection 3D theater system worldwide, and the exploding demand for polarized 3D feature films, Stereo Vision has for several years, been developing an exciting slate of commercial 3D feature films. Led by a management team that includes Chairman and Chief Production Officer Douglas Schwartz, creator and executive producer of "Baywatch," the world's most watched television series in history, and Chief Financial Officer, Goldman Sachs veteran Theodore Botts, Stereo Vision intends to produce and release at least fifteen 3D feature films over the next 5 years. Capitalizing on its long-standing studio relationships, Stereo Vision is uniquely positioned to be a significant player in future of the 3D motion picture industry.

This press release may contain forward looking statements that involve risks and uncertainties, including statements regarding our business strategy and development plans, plans for entering into new businesses, anticipated sources and uses of funds and other statements regarding our plans, objectives, expectations and intentions that are not historical facts. Because these forward-looking statements involve risks and uncertainties, actual results could differ materially from those discussed in this press release. These risks and uncertainties are described in greater detail in the reports that we file with the Securities and Exchange Commission. While we may elect to update these forward-looking statements publicly at some point in the future, we specifically disclaim any obligation to do so, whether as a result of new information, future events or otherwise.