AMERIDREAM ENTERTAINMENT, INC.(PINK SHEETS: AMDR) ANNOUNCES SETTLEMENT OF LAWSUIT, NAME CHANGE

Company has commenced discussions for asset acquisition.

SANTA BARBARA, Calif. (PRWEB) April 28, 2003 --Ameridream Entertainment, Inc. (Pink Sheets: AMDR) announced today that the settlement agreement and release in the case of Modern Health Care Holdings, Ltd. v. Addax Entertainment, Inc., Ameridream International, Inc. and Lang Elliot, Central District Federal Court, Case No. EDCV 03-0241 VAP (SGLx) has been fully executed, rescinding the acquisition of controlling shares of the company by Ameridream Entertainment Distribution, Inc. and Lang Elliot, which occured in May, 2002. This signifies the return of approximately 15 million shares of Ameridream to Modern Health Care Holdings, Ltd. and affirms the change of management approved at the shareholder's meeting in April. All parties have mutually released all claims against each other and the lawsuit will be dismissed, with prejudice.

The company further announced that it is filing an amendment to its articles of incorporation to change its name to Soleil Film & Television, Inc., previously authorized by the shareholders. The company currently has outstanding 28,321,800 shares, which includes the 15 million shares in control of Modern Health Care Holdings, Ltd. and approximately 1.4 million free trading shares in the public float. The company has stopped transfer on 8,902,800 shares issued to former management and others which were unpaid for. Further, the company's board of directors have decided to withdraw their resolution, approved by the shareholders at the special shareholder's meeting in April, 2003, to effect a 1-10 reverse split of the company's common share capital, which means that the stock will not be reversed.

Management is currently in discussions with Agata Gotova and Kenneth Eade, beneficial owners of Modern Health Care Holdings, Ltd., for the potential acquisition of certain assets, including the award winning "Autograph" television series, and a screenplay for a feature film to be shot this summer in Moscow and Paris. "The company will continue to develop opportunities in the entertainment industry," according to Nina Gotova, the sole officer and director of the company. "We are very happy that the lawsuit has been resolved and that we can get back to the business of providing quality entertainment." Part of the settlement agreement involves the return of financial records of the company. "With these records, we hope to bring current the company's filings with the Securities and Exchange Commission," said Kenneth Eade, counsel for the company, "This will involve the filing of another Form 211, which can be done as soon as the reports have been filed."

This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AmeriDream Entertainment Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.