Ludwig Enterprises, Inc. Announces Purchase of Assets of Pegasus Data

Ludwig Enterprises, Inc. Announces Purchase of Assets of Pegasus Data

MIAMI, April 15 /PRNewswire-FirstCall/ -- Ludwig Enterprises, Inc. (Pink Sheets: LUDW.PK) Board of Directors announces the purchase of the test equipment of Pegasus Data, Edison, NJ. Included in the purchase is the necessary laboratory equipment for Ludwig to continue its engineering and enhancement of a state of the art receiver and transmitter for its new Digital FM Radio Service.

Ludwig is a new entrant into the HD FM radio market offering a new subscriber based FM radio service, planning on serving the domestic ethnic market.

The company believes this purchase will greatly reduce the time for it to equip and begin operations of its own test facility. Ludwig's staff has been utilizing this equipment at Pegasus's facility in 2007. Hal Walker, president of Pegasus Data said he believed Ludwig's purchase would facilitate a smooth transition to Ludwig's operation of its own laboratory.

ABOUT LUDWIG ENTERPRISES, INC. - Ludwig Enterprises, Inc., (LUDW), is a Nevada based technology company with regional offices in Miami, Florida. LUDW has acquired license rights for a revolutionary new method of radio broadcasting. This technology attaches fifty new digital broadcast channels to an existing FM radio signal. This technology will allow Ludwig Enterprises to contractually acquire the right to utilize currently issued FM radio station spectrum with minimal regulatory requirements. The company intends to deploy this technology into the fifty largest US demographic markets.

Ludwig Enterprises, Inc. has chosen not to compete with the major radio networks offering "top 50 programming" but to focus on the underserved or un- served foreign language market. Programming will consist of twenty-four hour a day programs in such languages as Chinese, Pakistani, Russian, Hebrew and many others. Additionally there will be a limited number of specialty channels focusing on twenty-four hour a day: old time radio programs, readings of local and national news papers (without commentary), specialty music channels including jazz and music forms not played on conventional stations, and educational programming.

ADDITIONAL INFORMATION about Ludwig Enterprises, Inc., as well as corporate structure and stock capitalization, can be viewed on the Company's Web site: www.ludwigent.com.

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Ludwig Enterprise, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward- looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Ludwig Enterprises, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

First Call Analyst:
FCMN Contact:

Source: Ludwig Enterprises, Inc.

CONTACT: Investor Relations, investor_relations@ludwigent.com, or
Patrick Greenish, President Ludwig Enterprises, Inc., +1-786-235-9026,
president@ludwigent.com

Web site: http://www.ludwigent.com/

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Profile: International Entertainment