PRESS RELEASE                             Source: Gener8Xion Entertainment, Inc.

GENER8XION ENTERTAINMENT CLOSES PRIVATE PLACEMENT FINANCING
Tuesday August 30, 5:30 am ET


LOS ANGELES, Aug. 30 /PRNewswire-FirstCall/ -- Gener8Xion Entertainment, Inc.
(the "Company") (OTC Bulletin Board: GNXE - News) announced today the successful
completion of a private placement financing in the amount of $1.5 Million
Dollars led by Mercadien Securities ("Mercadien") (www.mercadien.com).

The Company intends to utilize the proceeds from the equity financing for future
growth and other general working capital purposes. "Our strategy was to reach
out to key investors within our core demographic, the faith-based community.
Being the first publicly traded 'family/faith-based,' film-TV production
company, we are plowing hard, new ground and are extremely gratified to have
investors that share in our vision," stated Matthew Crouch, Chairman and CEO.
"Participating with a management team and investor group with such a clear
vision and purpose made working with Gener8Xion Entertainment a truly uplifting
and enjoyable experience," stated Kenneth Kamen, President of Mercadien
Securities.

Gener8Xion Entertainment, Inc. (www.8x.com) is an entertainment company engaged
in the development, production, financing and distribution of "family/faith
based" feature films and television programming, media facilities management and
equipment provider. Its most current feature-film project is the soon to be
released epic two-part feature film "One Night With the King"
(www.8x.com/onenight) featuring Peter O'Toole, Omar Sharif, John Noble, John
Rhys-Davies, James Callis, Luke Goss and newcomer Tiffany DuPont.

This news release includes certain forward-looking statements (all statements
other than those made solely with respect to historical fact) and the actual
results may differ materially from those contained in the forward-looking
statements due to known and unknown risks and uncertainties. Any one or more of
several risks and uncertainties could account for differences between the
forward-looking statements that are made today and the actual results, including
with respect to our sales, profits, liquidity and capital position. These
factors include, but are not limited to: risks relating to our ability to
satisfy regulatory requirements with respect to our internal controls over
financial reporting under Section 404 of the Sarbanes-Oxley Act of 2002, which
requires us to perform an evaluation of our internal controls over financial
reporting and have our auditor attest to such evaluation; softness in the
general retail environment or in the markets for our products; the timing and
acceptance of products being introduced to the market; the level of product
returns experienced; the level of margins achievable in the marketplace; the
collectibility of accounts receivable; the recoupment of royalty advances; the
effects of acquisitions or dispositions, the financial condition of our
customers and suppliers; the realization of inventory values at carrying
amounts; our access to capital; the outcome of any future Internal Revenue
Service audits; and the realization of income tax and intangible assets. These
conditions cannot be predicted reliably and the Company may adjust its strategy
in light of changed conditions or new information. Gener8Xion Entertainment,
Inc. disclaims any obligation to update forward-looking statements. Gener8Xion
Entertainment, Inc. is located at 3400 Cahuenga Boulevard, Hollywood, CA 90068.


     For further information, please contact:
     Marcos M. De Mattos, +1-323-874-9888
     Vice President
     Gener8Xion Entertainment, Inc.
     marcos@8X.com