IGSM Group Inc. Acquires Music Label Richie Rich Entertainment Inc.

FT. LAUDERDALE, FL--(Marketwire - July 29, 2009) - IGSM GROUP INC. (PINKSHEETS: IGSM) today announced it has successfully acquired the music label Richie Rich Entertainment Inc., a leader in Hip Hop labeling and international recording artists.

"We are so pleased to have finalized the transaction and believe now as part of a publicly traded company, Richie Rich Entertainment will be able to expand. Our focus is on Latin America as well as continuing to solidify our position in the United States as a leader in production and distribution of top records in Hip Hop, America's number one seller at this time," said Richard Markle, President and CEO of Richie Rich Entertainment, Inc.

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