Stereo Vision Lands $33M Two Picture Financing Deal with XA Worldwide

HOLLYWOOD--(Business Wire)--
Stereo Vision Entertainment, Inc. (OTCBB:SVSN) a film production company focused
exclusively on producing high-quality, low-cost, polarized 3D feature films,
announced today that a thirty three million dollar joint venture agreement has
been completed with XA WORLDWIDE INC.

Stereo Vision's Chief Executive Officer, Jack Honour, stated, "This J/V
agreement commits XA Worldwide to provide the collateral to finance two films to
be produced by Stereo Vision, by providing thirty three million dollars for an
XA Worldwide/Stereo Vision joint account, with XA Worldwide's financial services
company, LPL Financial Inc.

The XA WORLDWIDE/Stereo Vision joint thirty-three million dollar LPL Financial
account will be used to collateralize up to an $8 million dollar loan for Stereo
Vision's production of their dramatic feature film, Three Dimensions Of
Jerusalem, and to provide pre-production funding and collateral for the
financing of Stereo Vision's twenty five million dollar family fun pirate's
feature, Booty in 3D. Per this agreement, XA Worldwide will recoup all monies
derived from the thirty three million dollar joint account until their thirty
three million dollars in collateral has been released back to them, after which
Stereo Vision and XA Worldwide will split 50-50 in perpetuity, all earnings from
the Three Dimensions Of Jerusalem and Booty in 3D film properties. This Stereo
Vision/XA Worldwide J/V agreement supersedes all previous Three Dimensions Of
Jerusalem and Booty in 3D financing proposals."

About XA Worldwide Inc:

XA Worldwide Inc is a private Florida corporation that creates Internet, mobile
payment, and social media technologies. XA Worldwide is quickly becoming one of
the fastest growing innovators in the Internet and mobile technology arena. XA
Worldwide is interested in providing financing options for unique and
extraordinary business opportunities that further assist them in their
technology efforts and future business lines. XA Worldwide's CEO, virtuoso
guitarist, Internet entrepreneur, and reality show star, Michael Prozer, stated,
"Stereo Vision, and their Three Dimensions Of Jerusalem and Booty in 3D film
properties are precisely the kind of partnerships we're interested in forming."

Stereo Vision has followed a timely vision, put together a team of top talent,
and continued to forge ahead through a difficult economic period, and now their
time has come. XA Worldwide is committed to working with the Stereo Vision team
towards bringing these exciting films, as quickly as possible, to the rapidly
expanding 3D movie marketplace.

LPL Financial was founded with a pioneering vision-to help entrepreneurial
financial advisors establish successful businesses through which they could
offer truly independent financial guidance and advice. Today, LPL Financial is
one of the nation's leading diversified financial services companies and the
largest independent broker/dealer supporting more than 11,000 financial advisors
nationwide. LPL is also an enabling partner to a broad range of banks and credit
unions, as well as broker/dealers at leading financial services companies. In
2006, LPL Financial purchased UVEST Financial creating the nation's largest
provider of third-party investment services to banks and credit unions.

About Stereo Vision:

Located in Van Nuys, California, Stereo Vision Entertainment
(www.stereovision.com) is a film production company focused exclusively on
producing high-quality, low-cost, polarized, digital 3D entertainment content.
Responding to the incredible growth of digital projection 3D theater systems
worldwide, and the exploding demand for polarized 3D content, Stereo Vision has
been developing an exciting slate of commercial 3D movies, and going forward,
plans to become a leading supplier of 3D content to this rapidly expanding
distribution platform.

Safe Harbor Statement: Except for historical information, the matters discussed
in this news release may be considered "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These statements are
subject to known and unknown risks and uncertainties that may cause actual
future experience and results to differ materially from the statements made.

Stereo Vision Entertainment
Jack Honour
512-608-8166
info@stereovision.com

Copyright Business Wire 2009