SNM Global Holdings Subsidiary to Produce 3 Major Entertainment Events


STAMFORD, Conn., July 22, 2009 (GLOBE NEWSWIRE) -- SNM Global Holdings (Pink Sheets:SNMN) subsidiary Good News Global Events & Distribution announced that they will produce 3 major entertainment events.

Good News Global Events President, Myshjua Archibald has been contracted to produce 3 major entertainment events on behalf of the Women's International Film & Arts Festival Inc. Good News Global Events will assume the Executive Producer role and oversee the production.

The first event is scheduled for September 25, 2009 at Karu & Y in Miami. "A Caribbean Night's Dream" will feature performances from reggae icon Nadine Sutherland, Chrisinti, and spoken word artists from Haiti.

"The event showcases a range of Caribbean artistry, from Nadine Sutherland's pop reggae hits to Chrisinti's Caribbean soul and the rhythmic dub poetry that spawned spoken word. It's a great way to raise funds for the Women's International Film Festival and enjoy great entertainment as well," stated Myshjua Archibald, President of Good News Global Events & Distribution.

The company is anticipating revenues upward of $1,000,000 for the 3 events. The company will also donate a portion of net profit to the Women's International Film & Arts Festival Inc.

"This is great news! SNM Global Holdings is moving in the right direction and I am excited about all the news and the future of the company. We have 3 MMA Events booked and now 3 Entertainment events and LGN will handle the distribution, not only will we generate revenue from the events but additional revenue from distribution of the content. So this is a win-win for all. I believe that we are one or two deals away from really breaking out and I want to keep reminding the shareholders that our goal is to build a solid company with strong revenues, strong profits and moving to the OTCBB," stated Steve Lane President of SNM Global Holdings.

About Good News Global Events & Distribution

Good News Global Events & Distribution is an entertainment company that focuses on the acquisition, development, and distribution of uplifting entertainment media content. GNG stages live events for broadcast and DVD distribution. In addition, the company holds exclusive Caribbean licenses for several independent gospel music companies. Projects currently in development include two independent films and a lifestyle and fitness program for the Caribbean American community.

About SNM Global

SNM Global Holdings is a business development company that specializes in the Development, Delivery and Distribution of content in the Sports, Entertainment and Technology industries through their subsidiaries that will include strong support and promotional strategies.

Services to include: CO- Promotion of Sporting & Entertainment Live Events, Delivery of Content via Web Broadcast, Cable, TV and Radio, New Media Technology / Social Networking projects, Internet/Broadcast as well as Pay-per-view Events.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays and risks detailed from time to time in the company filings with the Securities and Exchange Commission.


            

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