NEW YORK, Oct. 10 /PRNewswire-FirstCall/ -- Sibling Entertainment Group Holdings, Inc. (OTC:SIBE) (BULLETIN BOARD: SIBE) ["Sibling Holdings"] announced Sibling Theatricals, Inc. ["Sibling Theatricals"], a wholly-owned subsidiary of Sibling Entertainment Group, Inc. ["Sibling"], has named Robert K. Clark president, succeeding Mitchell Maxwell, who was recently elected president, chief executive office, and member of the Sibling Holdings board of directors. Clark was also named Director of Marketing for Sibling. Sibling is the company with which Sibling Holdings has previously signed an Agreement of Acquisition and Plan of Reorganization, the closing of which is currently pending. (see "Note to Editor" below for an explanation of Sibling Holdings relationship to Sibling and Sibling Theatricals). Clark, 51, recently joined Sibling after a very successful nine year career with CarMax, a fortune 500 company and one of the Fortune 2007, "100 Best Companies to Work For." Prior to CarMax, he worked for Leer, Inc., Nestle Foods, Proctor & Gamble, and the United States Air Force. Clark is an honor graduate from the United States Air Force Academy. "Bob is a talented executive who will help us grow our company," said Maxwell. "He brings extensive operational and marketing expertise to our organization. Bob brings a unique perspective to our theatre business as a result of his experiences with some of the world's largest and most successful organizations. He also has a hands-on understanding of the theatre business serving as President of the Houston Family Arts Center, a highly successful non-profit theatre that he co-founded two years ago, and as a co-producer of our recent production of HATS! in Chicago." Clark said, "I am elated to be joining the Sibling team! It's an honor to work with Mitchell and Victoria Maxwell and the entire Sibling organization. We have many great projects to work on. In my 29 years of business experience, I have had the opportunity to learn from some of the best managers in the world. I look forward to using these important leadership skills to grow our theatrical business as we continue to work to produce outstanding results for our patrons, associates, and shareholders." Note to Editor: Sibling Holdings previously entered into an Agreement of Acquisition and Plan of Reorganization with Sibling Entertainment Group, Inc. (hereinafter referred to as "Sibling"). The above-referenced agreement provides for the acquisition of Sibling's subsidiaries: Sibling Theatricals, Inc., (STI); Sibling Pictures, Inc., (SPI); Sibling Music Corporation (SMC): and Sibling Properties, Inc., (SPPI). On February 9, 2007, the shareholders of Sibling Holdings approved the above-referenced agreement, the closing of which is subject to the filing, and effectiveness, of a Form S-4 registration statement with the SEC. The Form S-4 was filed on August 14, 2007 by Sibling Holdings. About Sibling Entertainment Group, Inc. Sibling Entertainment Group, Inc., a company filing voluntarily with the SEC as a 1933 Securities Act company, is an entertainment development and production company based in New York City that finances, develops and produces plays and musicals for the live stage, independent feature films and other entertainment projects through four wholly-owned subsidiaries: Sibling Theatricals, Inc., (STI); Sibling Pictures, Inc., (SPI); Sibling Music Corporation (SMC); and Sibling Properties, Inc., (SPPI). We seek to create synergies that will enable each subsidiary to build off of one another's successes. For more information, access the Sibling website at http://www.siblingentertainment.biz/. DATASOURCE: Sibling Entertainment Group Holdings, Inc. CONTACT: Investors and Financial Media, Bruce Nurse, +1-866-925-SIBE (7423), Web site: http://www.siblingentertainment.biz/

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