PEACE ARCH ENTERTAINMENT AND GENIUS PRODUCTS ENTER INTO EXCLUSIVE U.S. DISTRIBUTION AGREEMENT FOR ARCHETYPE GENRE FILMS
Tuesday, May 09, 2006
Emerging Entertainment Companies Unite to Exploit Robust Horror and Thriller Market
SANTA MONICA, CA (May 9, 2006) Peace Arch Entertainment Group Inc. (AMEX: PAE ®C News; Toronto: PAELV.TO - News) one of North America's fastest growing independent entertainment companies, and Genius Products, Inc. (OTCBB: GNPI), have entered into an exclusive agreement for Genius to distribute a new slate of cutting edge horror and thriller films from Peace Arch's Archetype Films division, it was announced today by Genius CEO Trevor Drinkwater and Peace Arch President John Flock.
Under the agreement, Genius has acquired exclusive U.S. DVD distribution rights to five new films from Peace Arch's Archetype Films label, which focuses on the horror, thriller and action and science fiction genres:
"Warriors of Terra" stars Edward Furlong ("Terminator 2") as a member of an animal rights group that penetrates a biotech facility and mistakenly releases a monster within.
"5ive Girls" stars Ron Perlman ("Hellboy") as a Catholic school priest who helps five teenage girls with supernatural powers battle the ancient demon Legion.
"The Last Sect" starring David Carradine ("Kill Bill") as a vampire hunter tracking a group of female vampires who use an internet dating service to line up their victims.
"Ultimate Killing Machine" starring Michael Madsen ("Sin City") as the head of a top-secret U.S. military operation that turns misfits and wash-outs into genetically engineered ultimate soldiers.
"Troubled Waters" starring Jennifer Beals ("The L Word") as a determined detective with psychic powers investigating the suspicious kidnapping of a rich man's daughter.
"We are very excited to be getting into business with Genius just as they are emerging as one of the best independent home entertainment distributors in the country" said Peace Arch President John Flock. "We believe that these five films will be excellent additions to their growing lineup of top quality productions, and we expect to continue supplying Genius with additional productions from our growing pipeline, whether first run productions from our film and television divisions, family and children's product from our kaBOOM! Entertainment subsidiary or desirable catalogue content from the Castle Hill/Dream Library, which we recently agreed to acquire."
"We are thrilled to be in business with Peace Arch Entertainment and John Flock, who in a very short time established his company as a premiere producer of quality films with high commercial value. This is a terrific deal for both companies and hopefully, the start of a long and successful relationship as Genius Products continues to build its library with top quality titles in the horror and thriller genres," said Genius CEO Trevor Drinkwater.
ABOUT GENIUS PRODUCTS, INC.
Genius Products, Inc. (OTCBB:GNPI), produces and distributes an ever-expanding library of home entertainment products including DVDs and CDs. Sold in retail outlets nationwide under such well-known brands as Wellspring, Sundance Channel Home Entertainment™, NBC News, TV Guide® and Baby Genius®, the company's products are distributed through the Genius Products Branded Distribution Network, an extensive, proprietary distribution network that extends throughout the U.S. to mass, drugstore, supermarket and specialty retailers. Genius Products recently released on home video The Weinstein Company smash hits, DERAILED, starring Jennifer Aniston and Clive Owen and WOLF CREEK, an Australian horror film as well as the Oscar nominated film, MRS. HENDERSON PRESENTS, starring Judi Dench and Bob Hoskins.
Genius Products boasts a premiere management team comprised of seasoned executives, formerly with major Hollywood studios, who have steered the company into the forefront of the industry through their landmark exclusive distribution deal with The Weinstein Company.
Upcoming films planned for release by Genius Products include films by The Weinstein Company such as THE MATADOR, starring Pierce Brosnan; DOOGAL, a comical animated adventure with the voices of Jimmy Fallon, Jon Stewart, Whoopi Goldberg and William H. Macy; TRANSAMERICA, starring Felicity Huffman; THE MATADOR, starring Pierce Brosnan; David Zucker's hilarious new sequel, SCARY MOVIE 4; and THE LIBERTINE, starring Johnny Depp. Potential new releases include a sequel to SIN CITY, SCHOOL FOR SCOUNDRELS, CLERKS II and the highly anticipated film BOBBY.
ABOUT PEACE ARCH ENTERTAINMENT GROUP INC.
Peace Arch Entertainment produces and acquires feature film and television programs for distribution to worldwide markets. Its Peace Arch Films division markets and licenses theatrical films oriented towards the major international film festivals such as Cannes, Venice and Toronto. The Company's Archetype Film label focuses on projects in the horror, thriller and action genres. Peace Arch Television specializes in the licensing of the Company's own productions and third party projects to Canadian and international broadcasters, cable and satellite companies. Peace Arch Home Entertainment, under the KaBOOM! Entertainment, Inc. banner, is one of the leading distributor of DVDs and related products in Canada. Peace Arch recently entered into an agreement with Castle Hill Productions and Dream LLC to acquire their library of more than 500 classic, contemporary and genre films, which is expected to supplement Peace Arch's own annual output of more than two dozen new feature films and long form television programs.
Safe Harbor Statement
Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements. The forward-looking statements reflect assumptions and involve risks and uncertainties that may affect Genius Products' business, forecasts, projections and prospects, and cause actual results to differ materially from those in these forward-looking statements. These forward-looking statements include, but are not limited to, statements relating to the Genius Products' newly implemented Vendor Managed Inventory system, the anticipated timing and financial performance of WARRIORS OF TERRA, 5IVE GIRLS, THE LAST SECT, ULTIMATE KILLING MACHINE, TROUBLED WATERS, DERAILED, HOODWINKED, MRS. HENDERSON PRESENTS, WOLF CREEK, TRANSAMERICA, THE MATADOR, DOOGAL, SCARY MOVIE 4, THE LIBERTINE and any other statements relating to such new releases that are not historical statements of fact. Actual results could vary for many reasons, including but not limited to, the unpredictability of audience demand, the effect of technological change and the availability of alternative forms of entertainment. Other such risks and uncertainties include the matters described in Genius Products' filings with the Securities and Exchange Commission. Genius Products assumes no obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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