SOURCE: Empire Film Group, Inc.

December 12, 2007 06:00 ET

Empire Film Group Acquires Successful Distributor-Publisher Hannover House

BEVERLY HILLS, CA--(Marketwire - December 12, 2007) - Empire Film Group, Inc. (PINKSHEETS: EFGU) ("Empire Film") ( is pleased to announce it has acquired a majority ownership stake in Truman Press, Inc., parent company of film distributor and book publisher Hannover House ( The new film and DVD distribution division will be renamed Empire Home Entertainment, a wholly owned subsidiary of Empire Film Group, Inc.

Hannover House is a leading independent film and DVD distributor for the U.S. marketplace and also has a successful history in book publishing. The company was formed in 1993 and has accumulated a library of more than 85 film and video properties and 15 books as well as full motion picture and video production facilities.

Hannover CEO, Eric Parkinson, is a veteran of the film and video distribution industries, with 23-years experience and over 100 releases qualifying for ITA Gold or Platinum sales status. Hannover CFO, D. Frederick Shefte, is an attorney and entrepreneur with over 30-years experience in business and as a senior bank trust officer.

Successful DVD releases for Hannover House include "Christmas in the Clouds," selected as "Oprah's Must See Holiday Movie" and "Grand Champion" featuring Bruce Willis, George Strait and Julia Roberts. Successful book releases for Hannover include the former # 1 best-seller "Blood, Money & Power: How L.B.J. Killed J.F.K." by Barr McClellan, and the award-winning thriller "Quietus" from author Vivian Schilling. A new book from McClellan, "Made in the U.S.A." will be released in April 2008; it is also expected to achieve best-seller status. Empire Home Entertainment will be releasing 14 new titles to the DVD market during the first quarter of 2008.

Hannover House products are available through most major retailers including a primary relationship with Wal-Mart Stores, Inc. Other key retailers for Hannover include Albertsons,, Barnes & Noble, Best Buy, Blockbuster, Borders, Circuit City, Christian Book Outlet, Costco, Family Christian Stores, Fred Meyer, Hastings, Hollywood Video, Movie Gallery, Netflix, Publisher's Clearing House, Safeway, SAM's Clubs, Transworld Group and many more. The company's primary sales office is located in Fayetteville, Arkansas in order to better serve Wal-Mart Stores, Inc. and product placements through Anderson Merchandisers.

Empire Film, which has acquired an 80 percent interest in Truman Press, Inc., d/b/a "Hannover House" will utilize Hannover as an in-house distribution and marketing arm for the Company's major new productions and theatrical releases in 2008 and 2009. All new theatrical releases will carry the Empire Film Group logo, with future video releases identified under the newly designated "Empire Home Entertainment" brand. Non-film properties and books will continue to be released under the well-established "Hannover House" label.

"We are extremely pleased to be able to acquire Hannover House," stated Empire Film Group CEO, Dean Hamilton Bornstein. "We see this as a key, strategic step in building Empire into a fully integrated, mini-major studio. We compare the acquisition of Hannover House to the Lionsgate acquisition of Trimark Holdings or the recent Weinstein Company acquisition of Genius Products in establishing self-distribution capabilities," he concluded.

"This is a very strong alliance," said Hannover CEO, Eric Parkinson. "Both entities benefit from the access to the marketplace and availability of major new titles from Empire. Together, we are positioned to rapidly grow into a major media company."

For all Empire Film Group investor relations needs, investors are asked to visit the Empire Film Group IR Hub at where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

About Empire Film Group, Inc.

Empire Film Group, Inc. ("EFG") is a new independent film finance, production, and distribution company led by a management team with over 20 years of experience in development, production, distribution, finance and marketing of feature films and television programming. The group has filmed in various locations worldwide including the United States, Canada, the Caribbean, Central and South America and Europe. The Company has the unique financing advantage of being able to receive Canadian subsidies, tax incentives, rebates and financing through its ability to produce Canadian Content film and television projects.

Learn more about Empire Film Group by visiting

About Rogers & Cowan

Rogers & Cowan is the world's leading entertainment public relations and marketing agency with offices in Los Angeles, New York, London and Beijing. The agency designs and implements campaigns for entertainment clients, such as film production and distribution companies, cable and network TV programming, record labels, recording artists, celebrities and athletes, videogame publishers and distributors and digital media companies. Rogers & Cowan also creates integrated marketing solutions for consumer and technology brands seeking to build a connection with consumers through entertainment and lifestyle influences. Find out more at

Rogers & Cowan is a unit of the Interpublic Group of Companies.


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