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VGTel Announces the Appointment of Advisory Board

NEW YORK, NY--(Marketwired - May 15, 2014) - VGTel, Inc.  (OTCQB: VGTL), an emerging international leader in entertainment media and film financing, today announced that Ralph Rieckermann, Christopher J. Scott and Michel Sanner, Ph.D. have been appointed to the company's Advisory Board. The newly formed committee will provide the Board of Directors strategic guidance on partnering strategy, film production projects and technology innovations.

"We are pleased that Ralph, Chris and Michel have agreed to lend their considerable talents and expertise to the board of VGTel," said Neil Fogel of VGTel. "These distinguished individuals all possess unique skill sets and their collective experience will be a valuable resource as the company continues to gain momentum in the market."

VGTel's interests include film production, post production and film financing. In November 2013, the company announced it was converting a series of giant screen format films to digital 4K and, last month, the company announced it was forming Grand Schema Entertainment, a film financing company for the production and co-production of movies and television programs. 

VGTel Advisory Board Members include:

Ralph Rieckermann
Best known for his 12 year career as a member of one of the world's best selling bands, The Scorpions, Mr. Rieckermann studied at the most esteemed music conservatories during his youth in Germany. Since leaving the band in 2004, Mr. Rieckermann has composed film scores for more than 38 feature films and has provided music supervision for over 26 films. His professional training and education combined with his many years in the rock and film industry makes Mr. Rieckermann one of the most promising new composers in the industry.

Christopher J. Scott
Founder of Grand Schema NYC, a full service production and post production company, Mr. Scott is an award winning producer and director whose credits include an Emmy nomination, direction of narrative film that appeared at the 2006 Cannes Film Festival and a 2010 off-Broadway play.

Michel F. Sanner Ph.D.
Dr. Sanner is an associate professor in the Department of Integrative Structural & Computational Biology (ISCB) of The Scripps Research Institute in La Jolla (CA) where he spent the past two decades working on algorithms for modeling protein-drug interactions in order to predict new drugs. Dr. Sanner's expertise also extends to the fields of scientific visualization, 3D graphics, display technologies, and software architecting and development. He has published over 40 peer reviewed research articles and has been awards numerous grants from the National Institute of Health (NIH) and the Department of Defense for supporting his research.

"These three talented individuals will bring valuable expertise and perspective to the Board of Directors," added Fogel. "We have big plans to grow our film business though original productions and co-production deals with both independent and major studios. The significant production experience of Ralph and Chris combined with Michel's technical knowledge of new media will be an invaluable asset to our company and will help us achieve our long term financial goals."

Earlier this week, VGTel announced the addition of three new members to its Board of Directors effective July 2014.

About VGTel, Inc. 
VGTel, Inc. is a multi-platform company offering products and support in the entertainment industry and is focused on a strategy of growing and building business units through investments and acquisitions. For further information, go to www.360entertainmentandproductions.com.

Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the Company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the possibility of unknown factors, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement. An investment in our common stock involves a significant degree of risk. You should not invest in our common stock unless you can afford to lose your entire investment. You should consider carefully all risk factors and other information in our annual report and quarterly filings before deciding to invest in our common stock. If any of the following risks and uncertainties develops into actual events, our business, financial condition or results of operations could be materially adversely affected and you could lose your entire investment in our Company.

Forward-Looking Statements
This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in the Company's filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contact:

James Humann
(407) 271-5574

VGTel, Inc. dba 360 Entertainment & Productions
Phone: (845) 368-0110

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