updated 3/25/2011 8:45:27 AM ET 2011-03-25T12:45:27

MIAMI BEACH, Fla., March 25, 2011 (GLOBE NEWSWIRE) -- Legends Business Group (Pink Sheets:LGBS) announced today that development has now been started on two of five variations of alternative energy products that Legends Power had been working on with its own research in conjunction with a Florida-based engineering firm.

The Company recently announced that while it continues acquisition talks with the firm, it has engaged that firm to perform parallel research and development of alternative energy products.

"The Florida-based engineering firm has been an acquisition target of Legends Power for several weeks," said Rolando Sablon, president of Legends Power. "The firm currently designs, develops and manufactures a variation of electronic systems and components for clients including one major amusement park with locations in Florida and California. As part of our non-disclosure agreement we have agreed to withhold the name of the firm until an acquisition Letter of Intent is in place."

Sablon said the devices under development are one of each technical variation encompassing an analog and a digital based solution. Due to the possibility of future patentability of the devices, the engineering firm will perform their reviews and possible redesigns under a mutual confidentiality agreement. Sablon said that he expects this to be a large step forward in Legend Powers progress by releasing to a third party the details of their research so far.

About Legends Business Group

Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com

Safe Harbor Statement

This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the fiscal year and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filings. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.

CONTACT: Investor Relations:
         Dave Donlin
         Phone: 407-299-2377
         Email: dave@thecervellegroup.com
         
         Public Relations:
         Peter Nasca
         Phone: 954-473-0677
         Email: pnasca@pnapr.com
         
         Corporate
         Rolando Sablon
         Phone: 305-767-7993
         Email: info@legendspower.com

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