updated 1/19/2011 8:18:12 AM ET 2011-01-19T13:18:12

MIAMI, Jan. 19, 2011 (GLOBE NEWSWIRE) -- Hugo Cancio, President of Fuego Enterprises, Inc. (Pink Sheets:FUGI), stated: "The recent action by the Obama Administration signals the potential introduction to hundreds of thousands of Americans to Cuban music, art & culture. This cross cultural opportunity will inevitably lead to further understanding and appreciation between our two countries and peoples as it has throughout history; breaking through barriers to bring conflicts to an end stage and help to promote the dialogue needed to normalize relations."

"Further, we at Fuego are proud to be a part of live event and recorded entertainment spotlighting Cuban music and are delighted at the upcoming introduction to a broader audience of terrific artists performing fantastic music to sell out crowds throughout the United States," said Cancio.

Fuego has currently scheduled over 70 performances through the 2011 season featuring leading Cuban musicians with several major events in final negotiations.

Mr. Cancio concluded: "Our company is excited by the marketplace of current listeners as well as the much larger audience who will soon be introduced to the compelling sights and sounds that make up the Cuban experience."

Fuego will have concert artists, dates and venue information posted at www.fuegoentertainment.net soon.

About Fuego Enterprises, Inc.:

Fuego Enterprises, Inc. is a diversified holdings company with operations in media and entertainment, telecommunications, and other industries currently under development. Fuego Enterprises is based in the U.S. with a focus on Latin markets. For more information, please visit Fuego Enterprises at www.fuegoentertainment.net

This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Fuego Enterprises, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

CONTACT: Fuego Entertainment, Inc.
         Dan York
         Investor Relations
         214 675-2531
         ir@fuegoentertainment.net

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