Gold Entertainment Closes MLM Operation


FT. LAUDERDALE, Fla., March 24, 2005 (PRIMEZONE) -- Gold Entertainment Group, Inc. (Pink Sheets:GEGP) -- Effectively immediately the board of directors has decided to cease the Gold Entertainment Multi Level Marketing operations as it is no longer economically viable.

About Gold Entertainment Group

Gold Entertainment Group, Inc. entered into the MLM market in May 2004 through its wholly owned subsidiary Quality Of Life Marketing, Inc.

For more information about Gold Entertainment Group, Inc. please visit www.goldentertainment.com

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Gold Entertainment disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and changes in our business strategies.



            

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