SOURCE: Empire Film Group, Inc.

December 04, 2007 07:00 ET

Empire Film Group CEO Issues Update on Successful Colombian Trip

BEVERLY HILLS, CA--(Marketwire - December 4, 2007) - Empire Film Group, Inc. (PINKSHEETS: EFGU) ( is pleased to announce CEO Dean Bornstein recently returned from Cartagena, Colombia after completing a pre-production scouting trip for 'Havana Heat' and other company projects scheduled for production in 2008.

"I am pleased to return from a very inspiring and productive business trip in Cartagena," stated Empire Film Group CEO, Dean Hamilton Bornstein. "Empire looks forward to filming in Colombia in 2008 because of the combination of magnificent locations, a film friendly government, experienced crews and lower film production costs than many other international locations.

"In addition, Empire Film Group has the advantage of producing projects in Canada and other countries, including Colombia, which it has co-production treaties with. This reduces financial risk without limiting upside or giving up any ownership of the underlying distribution rights," added Mr. Bornstein.

Official international audio-visual co-production agreements signed between Canada and other countries enable Canadian and foreign producers to pool their resources in order to co-produce audio-visual works of all types and all lengths that enjoy national production status in their respective countries.

About Empire Film Group, Inc.

Empire Film Group, Inc. ("EFG") is a new independent film finance, production, and distribution company led by a management team with over 20 years of experience in development, production, distribution, finance and marketing of feature films and television programming. The group has filmed in various locations worldwide including the United States, Canada, the Caribbean, Central and South America and Europe. The Company has the unique financing advantage of being able to receive Canadian subsidies, tax incentives, rebates and financing through its ability to produce Canadian Content film and television projects.

Learn more about Empire Film Group by visiting

About Rogers & Cowan

Rogers & Cowan is the world's leading entertainment public relations and marketing agency with offices in Los Angeles, New York, London and Beijing. The agency designs and implements campaigns for entertainment clients, such as film production and distribution companies, cable and network TV programming, record labels, recording artists, celebrities and athletes, videogame publishers and distributors and digital media companies. Rogers & Cowan also creates integrated marketing solutions for consumer and technology brands seeking to build a connection with consumers through entertainment and lifestyle influences. Find out more at

Rogers & Cowan is a unit of the Interpublic Group of Companies.

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This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.

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