Message #3 From:
NewsBot Date: December 19, 2007 05:19:14 PM
StereoVision Gets Three Picture Distribution Deal with Capitol Films
StereoVision Entertainment, Inc. (OTCBB: SVSN, http://www.stereovision.com),
a film production company focused exclusively on developing low cost,
high-quality, polarized 3-D feature films, announced today that a
multimillion dollar, three picture distribution agreement has been made
with Capitol Films Limited.
StereoVision’s founder and Chief Executive
Office Jack Honour stated: “We’re
very pleased to have the opportunity to work with David Bergstein and
Capitol Films. David has gone the extra mile in providing StereoVision
with this valuable opportunity. Having a quality distributor like
Capitol Films in place allows us to negotiate the best possible terms
for the financing of StereoVision’s slate of
movies.”
Capitol Films Chairman David Bergstein added: “We
believe the timing is perfect to exploit StereoVision’s
theatrical 3-D movie model. There is going to be an exponentially
growing demand for theatrical 3-D movie content, and we’re
happy to work with StereoVision towards their becoming a leading
supplier of that content.”
About Capitol Films
Capitol Films is an international film production, financing, and sales
company. Founded in 1989, Capitol Films has distributed more than 100
feature films and continues to increase its library by 5 to 10 films a
year. Credits include Robert Altman’s “A
Prairie Home Companion,” the third Altman
movie in a row to be handled by Capitol after “Gosford
Park”, and “The
Company.” Capitol Films’
library of more than 100 titles includes “Drowning
Mona,” “Simple Men,”
and more recently, the critically acclaimed hit “Alpha
Dog” with Justin Timberlake. For more
information, please visit www.capitolfilms.com.
About StereoVision
Located in Van Nuys, California, StereoVision Entertainment Inc. is a
film production company focused exclusively on low-cost, high-quality,
next generation 3-D feature films. Responding to the incredible growth
of digital projection 3-D theater system worldwide, and the exploding
demand for polarized 3-D feature films, StereoVision has been developing
an exciting slate of commercial 3-D feature films, since its founding
seven years ago. Led by a management team that includes Chairman and
Chief Production Officer Douglas Schwartz, creator and executive
producer of “Baywatch,”
the world’s most watched television series in
history, and Chief Financial Officer, Goldman Sachs veteran Theodore
Botts, StereoVision intends to produce and release at least fifteen 3-D
feature films over the next 5 years. Capitalizing on its long-standing
studio relationships, StereoVision is uniquely positioned to be a
significant player in future of the 3-D motion picture industry. For
more information, please visit www.stereovision.com.
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