Fahrenheit Entertainment to Form New Label

Fahrenheit Entertainment to Form New Label Name Change to Follow; Corporate Restructuring Commences SAN MARCOS, Calif., Jan. 10 /PRNewswire-FirstCall/ -- Fahrenheit Entertainment, Inc. (Pink Sheets: FHOT) announced today that it will be forming a new record label as it commences its formal restructuring. The new label, the name of which is expected to be announced soon, will aim to sign acts across a broad musical spectrum, incorporating them into a structure where the acts themselves control almost every aspect of their own operations, including finance and promotion, while being part of a larger, and public, organization. Coinciding with the launch of the new label, Fahrenheit will also be changing the name of the parent company to better reflect its new business model. The new name will be introduced upon the unveiling of the company's new web site, scheduled to be available for previews later this month. Fahrenheit is requesting that all creditors, vendors and others who may have open or disputed accounts with Fahrenheit and or any of its current or previous subsidiaries contact the company at their earliest convenience. For additional information please contact: Fahrenheit Entertainment, Inc. Creditor and Investor Relations 760-759-2323 phone; 760-510-5931 fax susan@fhotinc.com About Fahrenheit Entertainment, Inc.: Originally conceived as a recording label and distributor, Fahrenheit began divesting two of its subsidiaries in 2002 in order to streamline operations while continuing to focus on establishing a home for distinctive artists in the classical and jazz genres. For general information about Fahrenheit Entertainment, Inc., please visit the Company's web site at www.fhotinc.com. NOTES ABOUT FORWARD-LOOKING STATEMENTS Certain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made. Source: Fahrenheit Entertainment, Inc. CONTACT: Creditor and Investor Relations, +1-760-759-2323, or fax +1-760-510-5931, susan@fhotinc.com Web site: http://www.fhotinc.com/ ------- Profile: International Entertainment