Cinemage Corporation

Cinemage Corporation

March 19, 2007 10:42 ET

Cinemage Appoints Nick De Cotiis as Corporate Finance Consultant and to its Corporate Advisory Council

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 19, 2007) - Cinemage Corporation (TSX VENTURE:CIG) is pleased to announce the appointment of Nick De Cotiis 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. De Cotiis will bring his exceptional skills, experience and leadership to the Company's Corporate Finance activities. The Company's team of professionals now includes: Nick De Cotiis, CAC and CFC; Edgar Froese, CEO, President, Director and Chairman; and George Lai, CGA, Director and CFO.

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.

"Nick brings tremendously valuable experience, skills and contacts to the table to enable us to grow CIG to levels it has never previously reached but that it is now very well positioned to achieve", said Edgar Froese. "I am highly confident in the value of Nick's contribution and we are both very comfortable as to the strength of value in CIG's business objectives."

"I am impressed with CIG's current business strategy and objectives" stated Nick De Cotiis. "As Corporate Finance Consultant and member of the Corporate Advisory Council, I intend to work closely with Edgar and CIG's shareholder base as well as with our current and potential strategic partners to build true and lasting value and help create a successful, diverse company, using top-notch advisors, consultants, employees, strategic partners, investors and of course all focused on top-notch projects."

Mr. De Cotiis has over 25 years of experience as a real estate developer and builder, and as an investor and venture capitalist. The De Cotiis Group/Companies and Family have a portfolio of projects developed and/or underway cumulatively valued in excess of 4 billion dollars. Nick has served as a director and officer of numerous public companies and is one of the more significant business professionals in Vancouver, Canada.

Edgar Froese has over forty-five years of experience as a computing professional and has served as a director and officer of numerous private and public companies. Mr. Froese was a founding member of the Computing Centre at the University of British Columbia in 1962, founded the BC sector of the Internet in British Columbia while with UBC, and founded the ACT Cinemage Group of companies in 1991.

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.

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.


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