Seven Arts Pictures Premieres DEAL in Las Vegas and Signs US
Seven Arts Pictures plc (the Company or SAP ) (PLUS:SAPP)(OTCBB:SAPFX) premiered its movie DEAL directed by Gil Cates, Jr. Thursday night in Las Vegas at the Palm Hotel s Brandon Theater. The film is set against the world of high stakes poker and stars Burt Reynolds ("Boogie Nights" and "The Longest Yard"), Bret Harrison ("Orange County") and Shannon Elizabeth ("American Pie"). Burt Reynolds plays a reformed gambler and world class poker player who meets up with a hot-shot, card playing college student, and teaches him how to play the player , and not the cards. After a falling out, the aging pro returns to the game he left thirty years ago and now must face his prot g in the finals of the world series of poker.
Seven Arts further announced that it signed a U.S. theatrical distribution agreement in April with Metro-Goldwyn-Mayer ("MGM"), one of the seven American "major studios," to distribute "Deal". The agreement will see Deal released in movie theatres in major markets across the United States.
Peter Hoffman, CEO of Seven Arts Pictures, commented on the agreement with MGM, This agreement will give Seven Arts access, not only to MGM s vast theatrical distribution, but also to their important DVD and television distribution. We are confident that this picture has the hallmarks of a theatrical success and will have the longevity that will create long term value for Seven Arts in years to come with continued strong performance on television and DVD.
About Seven Arts:
Seven Arts Pictures plc ( SAP , 7 Arts or the Company ) was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.
Cautionary Information Regarding Forward-Looking Statements:
Included in this news release and other information that we make publicly available from time to time are forward-looking management comments and other statements that reflect management's current outlook for future periods. These statements include, among others, statements regarding the anticipated benefits from the development, production, or acquisition of new film projects as well as anticipated revenue from other sources and which may be critical to the overall revenue and profits of the Company.
These statements and expectations are based on currently available competitive, financial and economic data along with our operating plans, and are subject to future events and uncertainties that could cause anticipated events not to occur or actual results to differ materially from historical or anticipated results. Among the events or uncertainties which could adversely affect future periods are: changes in legal contingencies; issues surrounding labor disputes with unions such as the Screen Actors Guild, the Director s Guild, and the Writer s Guild; our use of estimates and assumptions; and the concentration of our capital stock ownership. The forward-looking statements in this news release should be read in conjunction with the more detailed descriptions of the risk factors located in our Registration Statement filed with the United States Securities and Exchange Commission as amended on Form 20-F (annual report pursuant to Section 13 or 15(d) of the Exchange Act) for the year ended March 31, 2007 and as updated to December 31st, 2007 under Part 1 Item 3 Section 3.D entitled Risk Factors . The Company undertakes no obligation to update or revise any forward-looking statements contained in this release as a result of new information or future events or developments.
Software size: 5.19 MB Software Language: English Software categories: green software - Game - casual games Operating environment: Win9X/Win2000/WinXP/Win2003 Software License: free software Updated: 2006-11-12 6:33:21 Software rating: Software label: No tag Related links: Home Page Download statistics:
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