SOURCE: Cre8tive Works, Inc.

Cre8tive Works, Inc.

February 23, 2016 08:15 ET

Cre8tive Works Sets Sights on Asian Film Markets

MIAMI BEACH, FL--(Marketwired - Feb 23, 2016) - Cre8tive Works, Inc. ("Cre8tive") (OTC PINK: FILM) announces decision to focus on developing business opportunities in the rapidly expanding Asian film market. The Company is now pursuing development plans with properties it has identified in the Pacific Region, specifically, a United States Territory and Commonwealth known as the Central Northern Marianas Islands. CNMI is centrally located and easily accessed by any coastal Asian country so as to create and act as the official gateway between the Asian and US film markets. Positioning of the Company in this location will allow Cre8tive to take full advantage of the dramatic growth in the Asian film markets experienced over the recent years.

"Global box office for all films released in each country around the world reached $36.4 billion in 2014, up 1% over 2013's total, due to an increase in international box office ($26.0 billion). Growth was driven primarily by the Asia Pacific region (+12%). Chinese box office ($4.8 billion) increased 34% in 2014, becoming the first international market to exceed $4 billion in box office. In 2014, the Asia Pacific region ($12.4 billion) increased 12% compared to 2013, driving the international increase and remaining the largest region in terms of international box office for the second year in a row."

The Central Northern Marianas Islands (CNMI) is one of only two United States territories with a US "Commonwealth" status; the other being Puerto Rico. The CNMI consists of 15 islands just north of Guam and is 15 hours ahead of the East Coast time. The proximity of the US Commonwealth is approximately 2-3 hours from most coastal Asian countries. It is known as "the most beautiful place in America you've never heard of."

About Cre8tive Works, Inc.
Cre8tive Works specializes in the financing of production ready, independent films that have great potential for financial success. The Company's mission is to identify projects that strike a balance between artistic integrity and commercial viability for the international market and to develop strong relationships with independent filmmakers that will assist them in bringing their vision to fruition while ensuring a solid financial return.

Forward Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Cre8tive Works, Inc.'s filings with OTC Markets which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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