Cinemage Corporation

Cinemage Corporation

April 02, 2007 08:43 ET

Cinemage Appoints Jim Fitzpatrick to Join Nick De Cotiis as Corporate Finance Consultant and to Its Corporate Advisory Council

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 2, 2007) - Cinemage Corporation (TSX VENTURE:CIG) is pleased to announce the appointment of Jim Fitzpatrick to the Company's Corporate Advisory Council "CAC" and to the position of Corporate Finance Consultant "CFC". Under the terms of the five-year appointment, Mr. Fitzpatrick will bring his extensive market experience and vast network of investment community relationships to the Company's Corporate Finance activities. The Company's team of professionals now includes: Jim Fitzpatrick, CAC and CFC; Nick De Cotiis, CAC and CFC; Edgar Froese, CEO, President, Director and Chairman; and George Lai, CGA, Director and CFO.

Mr. Fitzpatrick is a well-known figure in the Vancouver investment community, with extensive experience in corporate finance. He is vice-president of LJV Capital Corp., specializing in Investment Banking, and Mergers and Acquisitions. Prior to entering the corporate finance field, Mr. Fitzpatrick founded a chain of forty-nine video stores in British Columbia. He also enjoyed a career in media, serving for five years as Executive Producer of KPSP-TV in Palm Springs, California where he worked with Robert Downy, Jr. and dealt with Mel Gibson. He also dealt with Lion's Gate Studios, and International Motion Picture Distribution Inc. and its CEO James R. Moder, and was active with the Palm Springs Film Festival. Mr. Fitzpatrick was a member of ROTC (Regular Officer Training Corp.) while attending the University of Toronto, and served as Captain with the Canadian Intelligence Corp. He speaks fluent Russian, French, and Spanish, and is a member of Point Grey Golf and Country Club.

"Mr. Fitzpatrick adds his exceptional skills in the fine art of social networking to our corporate finance activities", said Froese, CEO of Cinemage. "Jim knows an amazing community of prominent investors, businessmen, and industry professionals in Vancouver as well as international. We are pleased and excited with the dimension he will add to our corporate finance programs."

Mr. Fitzpatrick joins Mr. Nick De Cotiis as Corporate Finance Consultant and member of the company's Corporate Advisory Council. Mr. De Cotiis is a well-established and prominent Vancouver, British Columbia businessman who also is President, Chief Executive Officer and Director of the De Cotiis Group of Companies: investors in public and pre-public companies; venture capitalists, and investors in other diversified industries including Land Development, Building and Property Management. Further, Mr. De Cotiis has played a prominent role in philanthropy, supporting various charitable organizations including Athletics 4 Kids, Children's Hospital and Lions Gate Hospital. He attended Simon Fraser University in BC Canada.

"I've been tracking the technology sector for many years and feel that Cinemage is extremely well positioned to capture resurging market interest in technology stocks to achieve its corporate goals" stated Fitzpatrick. "My background fits well with Cinemage's corporate objective of using mergers and acquisitions as a strategic tool for corporate growth. As Corporate Finance Consultant and member of the Corporate Advisory Council, I intend to work closely with Nick De Cotiis, Edgar and CIG's strategic partners to build true and lasting value for current and future shareholders, and help create a successful, diverse company focused on top-notch projects."

Cinemage is positioned in the Internet eCommerce market sector. Its subsidiary ACT has developed a proprietary market-ready software engine capable of deployment in many Internet-based applications. As an Applications Service Provider Platform, the Cinemage system is capable of securely hosting and selectively distributing digital goods and Internet content for transaction fees, and processing these fees in e-commerce applications. With affiliates it has created a Giclee art reproduction service hosted at, in which digital representations of works of art are viewed and purchased online for downloading and printing on large format printers at a Print & Ship centre for delivery to the buyer.


Edgar Froese

This News Release contains certain "Forward-Looking Statements". All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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