LOS ANGELES, CA, Mar 04, 2010 Hall of Fame Beverages Inc. (PINKSHEETS: HFBG) is pleased to announce that following through on its plans to seek strategic partners for growth opportunities, HFBG is excited to announce that the Company has completed the first stage of an agreement to acquire a stake in a new brand. Final agreements have not been put into place as of yet, but the Company has recently signed a letter of intent with the V Group to purchase a percentage in “a.n.d” (Antioxidant Nutritional Drinks).

Technical outlook: HFBG has been in a consolidation pattern for the last four trading days. Traders and investors are watching the key psychological level .001 for a breakout. A weekly close above this level will spark a new round of momentum in the stock. The stock is currently unchanged on volume of 41 million in early trading.

Hall of Fame Beverages, Inc. is an innovative new lifestyle company dedicated to building long-term success both through the creation of a unique and recognizable brand name, and through the integration of commercial success with social awareness. Convinced that “success” in business has long been too narrowly defined, Hall of Fame Beverages was founded by a group of visionary beverage industry executives who shared a common goal of leveraging the power of commerce in a way that was consistent with their desire to foster greater inclusion in the business world. The team of seasoned industry executives have set out to become one of the leaders in the beverage industry through developing, distributing and marketing their signature product lines.