COLUMBIA, Md., Jan. 11, 2007 (PRIME NEWSWIRE) -- Ise Blu Equity Corp (Pink Sheets:ISBL) announced today a Joint Venture Agreement with Vessel Entertainment Inc. to form "Vessel Events" and will provide services that will include live events, marketing, merchandising, event film and music distribution.
Ise Blu will contribute financing and assist with marketing of the projects. Vessel Entertainment will handle all production, distribution, marketing and all other services concerning the projects.
The upcoming events include a Club/Dance Tour with some of the hottest artists from past to present, named artists, Ethnic Festivals such as Latin, Italian, Reggae as well as mainstream artist tours with some of the hottest names in the industry.
"I am excited about this venture and I am working on development of a Major Dance tour with artists that I have worked with in the past and friends in the industry. Plans are for a 10 city tour and then a major international tour is in the works," states Joyce Sims, President and Director of Vessel Entertainment.
"There are great possibilities with regard to this venture. Both parties are committed to this venture and we anticipate strong revenues for year one and continued strong revenues in years two and three with revenues generated from the Live Events, DVD and Home Video, as well as a strong International market.
"The live event market has been on a rebound over the last couple of years as Live Nation, a Clear Channel spin off, has been reporting strong numbers with regard to their live events division as well as producing DVD and Home Video of the concert events of such artists as Paul McCartney, Madonna and others. We feel that there is plenty of room especially in some specialty markets such as Dance, Reggae and Ethnic," states Rick Papaleo, CEO of Vessel Entertainment.
The company plans to rollout a more extensive business plan and release their event schedule over the coming weeks. A new website for "Vessel Events" will be launched and will be linked to the Ise Blu site.
About Vessel- Vessel Entertainment is a multi-facet entertainment company with specialties in music (Dance, R&B, Gospel, Latin and Jazz) and Film with focus on Development and Distribution and Delivery.
About Ise Blu Equity Corp
Ise Blu Equity Corp, a Nevada corporation, is a holding company that specializes in investments from the Consumer Goods, Commodities, Entertainment and Technology sectors.
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