SOURCE: ReelTime Rentals, Inc.

April 10, 2007 15:46 ET

/ CORRECTION - ReelTime.com Attending MIPTV 2007 in Cannes, France

SEATTLE, WA -- (MARKET WIRE) -- April 10, 2007 -- In the news release "ReelTime.com Attending MIPTV 2007 in Cannes, France," issued earlier today by ReelTime Rentals, Inc. (PINKSHEETS: RLTR), we are advised by the company that the first sentence of the first paragraph should read "April 16 - 20" rather than "October 16 - 20" as originally issued. Complete corrected text follows.

ReelTime.com Attending MIPTV 2007 in Cannes, France

SEATTLE, WA -- April 10, 2007 -- ReelTime Rentals, Inc. (PINKSHEETS: RLTR), announces today that the Company's Chief Executive, Barry Henthorn, and Vice President of Acquisitions and Business Development, Beverly Zaslow, will be attending the MIPTV 2007 conference in Cannes, France on April 16 - 20. Ms. Zaslow has been attending the bi-annual conference for many years, often speaking and participating in panel discussions.

Producers, distributors and programmers from across the globe come to MIPTV twice a year offering the very best that television has to offer. MIPTV is the world's largest international trade show concentrating on television and direct to DVD content. It is customary for distribution deals to be announced at MIPTV, and ReelTime expects to do that this year as well. ReelTime also plans to finalize co-promotion arrangements with their content partners.

"In addition to all the independent and major studio content we have contracted, there is great television programming that the public never gets the chance to see," commented Beverly Zaslow, VP of Acquisitions. "We intend to make this content available for our subscribers to enjoy."

The CEO added: "ReelTime has made our mark on enough of these markets in the last two years and we are sure that this will be our most productive show yet," said Barry Henthorn. "We plan to partner with the TV content owners to unlock their vaults and help them to monetize their libraries. There is a tremendous market for both new and classic television shows, and ReelTime plans to make this an important part of our inventory."

ABOUT MIPTV

MIPTV featuring MILIA is the global content event for co-producing, buying, selling, financing and distributing entertainment content across all platforms. It provides the key decisionmakers in the TV, film, digital and audiovisual content, production and distribution industry with the only market conference and networking forum to discover future trends and trade content rights on a global level.

About ReelTime Rentals, Inc.

ReelTime.com's mission is to deliver diverse programming over its online broadband network, enabling viewers to watch whatever they choose, anytime and anywhere they want to see it -- all they need is a broadband connection. ReelTime offers the only DVD quality "point, click, and watch" user experience available on the World Wide Web. ReelTime is providing the motion picture industry and the public the next generation of online viewing technology, designed with the built in capacity for unlimited growth. For more information, go to www.reeltime.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that forward-looking statements involve risks and uncertainties. Although ReelTime Rentals Inc. believes the assumptions underlying forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there is no assurance that forward-looking statements included herein will prove to be accurate, and inclusion herein should not be regarded as a representation by ReelTime Rentals Inc. or other persons that objectives and plans of ReelTime Rentals will be achieved.

Contact Information

  • Press Contact:
    Richard Lewis
    (818) 973-2754

    Investor Contact:
    Michael Gersh
    (206) 219-6889