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(AllHipHop News) Miami production duo Cool & Dre have inked a new, non-exclusive production deal with record label powerhouse, Cash Money Records. The pair revealed the news on their official Twitter page on Wednesday (August 4th) and expounded on the new deal between Cash Money and their Epidemic Records imprint, in an exclusive interview with AllHipHop.com. Under the deal, Cool & Dre will work with Cash Money to create several new projects. “In 2011 its all about diversifying your talent and aggressively pursuing opportunities,” Andre “Dre” Lyon told AllHipHop.com. “Its not about replacing legends and their accomplishments, its about creating a new legacy to inspire future young business men and women. Catch you at the Heat games, Wade let’s get it!” Cool & Dre experienced success with Cash Money in the past, having produced tracks for Lil Wayne, Birdman and Young Money. In addition to the new venture with Cash Money, Cool & Dre have created No Ceilings Management with power attorney Jeremy Alters. The new venture will help athletes and celebrities brand themselves in music, sports and fashion. The first artist signed to No Ceilings management sis teen singer/songwriter/dancer/performer K. Rose. The news of their deal with Cash Money Records comes on the heels of a busy 2010 for Cool & Dre. The pair, who also run their label Epidemic Records, produced the song “Champion” from Common and Queen Latifah’s film Just Wright, as well as Fat Joe’s single “If it Aint About Money” featuring Trey Songz.Additionally, Cool & Dre have tracks on upcoming albums by Young Jeezy (Thug Motivation 103) and Game’s R.E.D. Album and continue to evolve their relationship with Queen Latifah’s legendary Flava Unit record label.

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