SOURCE: ReelTime Rentals, Inc.

September 19, 2006 15:43 ET

ReelTime Appoints Chief Financial Officer

SEATTLE, WA -- (MARKET WIRE) -- September 19, 2006 -- ReelTime Rentals, Inc. (PINKSHEETS: RLTR) today announced that Susanne M. Savery has joined the Company in the position of Chief Financial Officer. Prior to her joining ReelTime, Ms. Savery was the controller for Todd Pacific Shipyards. At Todd she managed the accounting operations and was responsible for the SEC and government (DCCA) reporting and Sarbanes Oxley 404 (SOX) compliance. Most recently, Ms. Savery has been assisting with internal reviews of International acquisitions for Starbucks.

At ReelTime, Savery will be responsible for expanding ReelTime's basic accounting systems and controls, financial reporting and accountability, as well as working with other professionals on the legal, administrative and financial elements needed to complete the company's currently contemplated SEC filing.

According to CEO Barry Henthorn, "This is a most crucial addition to our team, at a time when we are preparing for rapid growth. Susanne Savery has the experience and background to help make ReelTime a big success. She will be a key member of the team and will help us with filings that will provide more visibility for ReelTime shareowners, as well as being an important component in the Company's contemplated move to a more visible Exchange."

About ReelTime Rentals, Inc.

ReelTime Rentals offers subscriptions and pay-per-view rentals of movies and television content over its online broadband network, enabling viewers to have a choice to watch diverse programming at any time, any place there is a broadband connection available. ReelTime offers the only DVD quality "point, click, and watch" user experience available on the World Wide Web. 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

  • Contact for Investor Relations:
    Michael Gersh
    (206) 219-6889

    Contact for Press Relations:
    Richard Lewis
    (818) 973-2754