SOURCE: Seven Arts Pictures plc

Seven Arts Pictures plc

June 15, 2010 12:19 ET

Seven Arts Appoints New Chairman

HOLLYWOOD, CA--(Marketwire - June 15, 2010) -  Seven Arts Pictures plc (NASDAQ: SAPX) announced the appointment of The Honorable Hubert Gibbs as new Chairman of the Board of Directors. Mr. Gibbs replaces Peter Hoffman, who was serving as the Company's interim Chairman following the death of the Company's previous Chairman, Anthony Bryan.

After graduating from Oxford University in 1981, Mr. Gibbs started his career as an editor, reader and translator at Quartet Books UK. Subsequently he worked as a stock market analyst with Banque Bruxelles Lambert and then as an independent communications entrepreneur responsible for starting up various companies including Instlang.com which was sold to market leader SDL in 1999. Most recently Mr. Gibbs has been involved in financing and producing independent films, including As Good as Dead, and The Killing Jar. Mr. Gibbs managed the family estate, Tyntesfield until it was taken over by the National Trust in 2002.

In addition to serving as Chairman, Mr. Gibbs will serve on the Audit, Compensation and Nomination Committees. 

Peter Hoffman, CEO of Seven Arts, commented, "We are very happy to have Hubert join Seven Arts. We feel that Hubert's breadth of corporate experience and his familiarity with independent filmmaking make him a perfect match for the Company. Hubert's experience should prove invaluable to the Company's efforts to access the public equity market and move forward with our exciting production schedule."

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:
Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.

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