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NEWS and PRESS RELEASES

AMERICAN SUNSET Opens Silver Wave Film Festival

Los Angeles, CA – (WORLD STOCK WIRE) – October 30, 2009 — Global Universal Picture’s latest film, AMERICAN SUNSET, has been chosen to open The Silver Wave Film Festival in Fredericton, New Brunswick, Canada, on November 5th. AMERICAN SUNSET is a suspense filled, turnstile thriller, staring former teen superstar Corey Haim, and Frank Molina, Bernie Robichaud, Eric. A Leffler, Caleb Marshall and Angela Cullins. The film was written and produced by Jackelyn Giroux and directed by Michael Masucci.

Robichauid and Cullins are slated to be in attendance at the festival, while Corey Haim and Frank Molina will be attending the film’s red carpet premiere at the American Film Market (AFM) in Los Angeles.

AMERICAN SUNSET marks the latest collaboration between Global Entertainment Holdings, Inc., a publicly traded entertainment Company (OTC: GBHL), and its Canadian affiliate Global Universal Pictures (Global Pictures). AMERICAN SUNSET was shot entirely on location in New Brunswick. “It was an honor and a pleasure working with the great people of New Brunswick on this picture. I truly hope to come back soon and do another movie” said Michael Masucci, the film’s Director.

The New Brunswick Filmmakers’ Co-Operative unveiled the festival schedule at the Charlotte Street Arts Centre on Thursday, and announced that Fredericton-shot AMERICAN SUNSET will kick things off on opening day, November 5th. The 2009 Silver Wave Film Festival will screen a mix of feature films, documentaries and shorts.

AMERICAN SUNSET will hold its red carpet, world premiere, with a private “after party”, on November 9th at 7:30 PM, where Corey Haim will be available to meet and greet his fans. For further information and to purchase tickets to this exclusive premiere event, please visit www.AmericanSunsetTheMovie.com. Corey will also be present at a press conference at the AFM on November 6th, at 1:30 PM.

Hartland native Angela Cullins, who plays Haim’s kidnapped wife in the film, said the debut will be a special moment. “To have an “A-list” actor like Corey Haim in the cast is exciting. I’m really happy that my first feature was filmed here in NB. I’ve been plugging away at this industry for years and years, so it will be nice to have many of my friends and family in the audience for the film’s premiere. People are waiting to see this movie and it was hard not being able to tell them it was going to be opening the festival. I really consider this my big break.”

The ninth edition of the Silver Wave Film Festival in Fredericton, New Brunswick will run from November 5th through the 8th, and will feature 111 films; 64 of which were produced in New Brunswick, Canada. The full schedule is available at swfilmfest.com/index-e.html.

Global Entertainment Holdings, Inc. is a public Company, traded on the “OTC” under the symbol, GBHL. The Company goal is building a global entertainment organization. GBHL, through its wholly owned subsidiary, Global Universal Film Group, Inc. (http://www.globaluniversal.com), and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate motion pictures in Canada with recognizable names, for worldwide release. GBHL is focused on the financing and marketing of these feature-length films.

GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. (www.youvegotthepart.com), will attempt to capitalize on the current popularity of Hollywood and reality based programming by casting small roles online that anyone with a digital camera can apply for. Further information on the Company and/or its publicly traded stock can be obtained by contacting the company at: contact@globaluniversal.com; facsimile: (818) 827-0090;

URL: WWW.GLOBALUNIVERSAL.COM.

Gary Rasmussen, CEO
Global Entertainment Holdings
650 N. Bronson
Los Angeles, CA 90004
USA

Phone: 877-807-8880

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