updated 2/16/2011 8:16:11 AM ET 2011-02-16T13:16:11

NEW YORK, Feb. 16, 2011 (GLOBE NEWSWIRE) -- The Empire Sports & Entertainment Holdings Co. (OTCBB:EXCX), a promoter of entertainment and sports events, today announced that the Company will be producing and promoting the "Capital Hoedown," North America's most exciting Country Music Festival.

The Capital Hoedown is a three-day annual Country Music Festival held in Ottawa, ON and will take place on August 11 through 13, 2011, in association with Concert International Inc. Showcasing the finest performers in Country Music, the Capital Hoedown received incredibly positive reviews in its inaugural year of 2010. This year, the Capital Hoedown's entertainment lineup will feature some of the biggest names in Country Music.

The Empire expects attendance of the Capital Hoedown this year to exceed 40,000 fans. The music festival will be held at the beautiful Rideau Carleton Entertainment Centre, which is just minutes from downtown Ottawa and provides the ideal scenic backdrop for this festival. Details regarding the superb lineup of artists performing at the Capital Hoedown will be announced shortly.

Legendary promoter and CEO of The Empire, Shelly Finkel, stated, "We expect this to be the year that the Capital Hoedown establishes itself as a showcase of the best that Country Music has to offer. In just its second year, the festival's attendance is expected to significantly surpass that of 2010 and offers a lineup of performers that will completely thrill and entertain the audience. We are very proud and excited to promote such a large and successful event not only this year but for several years to come."

For more information and ticket sales please visit www.capital-hoedown.com.

About The Empire Sports & Entertainment

The Empire Sports & Entertainment, Inc. is a promoter of sports-driven promotions and entertainment events such as concerts, music festivals, pay-per-view programming, as well as other exciting events. The company is led by CEO Shelly Finkel, a legendary promoter and member of The Boxing Hall of Fame. To learn more about "The Empire," visit www.theempirese.com.

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. The Company assumes no obligation to update any of the information contained or referenced in this press release.

CONTACT: Investor Contact
         Seal Point Consulting, LLC
         267-364-5407
         Investors@sealpointconsulting.com

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