GEM Launches New Division to Equip Live Shows

GEM Launches New Division to Equip Live Shows 


MONTREAL, March 9  /PRNewswire-FirstCall/ -- Grand Entertainment and Music, Inc.
has launched a new division to supply sound equipment for live music shows in
venues as large as arenas, said GEM vice-president Peter Stocola.

To strengthen its position in this field, GEM has also entered into discussions
to form a strategic alliance with SES "Special Events Services" of Montreal,
which is already deep into this market.

This new division will be called GEM Equipment Rentals / GEM Event Special
Services.

"Our next goal is to establish a firm relationship with major agents,
impresarios and artists to ensure expansion of our combined market share in this
field," Stocola said.

"We believe this will become a major new source of revenue in the next fiscal
year for GEM," he added.

"The type of equipment we're able to offer includes banks of speakers, large
control consoles, amplifiers, and so on."

GEM, which specializes in entertainment production, trades under ticker symbol
GENM.

The company recently announced that it is installing new DVD-video capabilities,
and that it is entering the online music market this summer.

GEM's music catalogues range from pop, childrens', classical, salsa and rap.
Titles will be offered for sampling and sales on the online service.

Grand Entertainment & Music (GEM) Inc., has been producing popularly priced
music CD's for more than ten years. It markets music in three languages --
English, Spanish, and French.

"We've become one of the top 20 music production houses in North America, and
we're launching several new initiatives to help us increase our sales in the
entertainment production field," Stocola said.

Safe Harbor Statement

This release contains forward-looking statements with respect to the results of
operations and business of Grand Entertainment & Music (GEM) Inc. which involves
risks and uncertainties. The Company's actual future results could materially
differ from those discussed. The company intends that such statements about the
Company's future expectations, including future revenues and earnings, and all
other forward looking statements be subject to the "Safe Harbors" provision of
the Private Securities Litigation Reform Act of 1995.

   For further information, please contact:

   Grand Entertainment & Music Inc.        MacReport.NET
   Mr. F. Underhill,                       Mr. T. Speciale,
   514-328-9348                            631-393-5075
   http://www.gem-music.com/           http://www.macreport.net/

DATASOURCE: Grand Entertainment and Music, Inc.



CONTACT: Mr. F. Underhill of Grand Entertainment & Music Inc.,

[phone]; or Mr. T. Speciale of MacReport.NET, [phone], for

Grand Entertainment & Music Inc.



Web site:  http://www.macreport.net/

http://www.gem-music.com/ 

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