SOURCE: Empire Post Media Inc.

September 23, 2011 08:30 ET

Empire Post Media Completes Acquisition of Reality Producer Hybrid Reality Entertainment

LOS ANGELES, CA--(Marketwire - Sep 23, 2011) - Empire Post Media, Inc. (OTCBB: EMPM) is pleased to announce that it has completed the acquisition of Hybrid Reality Entertainment, Inc., a creator, developer and producer of television programming. Hybrid Reality is now operating as a wholly owned subsidiary of EMPM.

Hybrid Reality was formed by Richard Mann and Ellen Fontana to create, develop and produce reality based television programming in the areas of paranormal phenomena, private investigation, world history, sports, social networking and current events.

Mann, an award-winning producer with credits on over 25 feature films, has also produced numerous television programs and feature documentaries.

Fontana has developed, packaged, and produced eleven features and two television movies. In addition, she has also written five screenplays.

The terms of the acquisition include 3 million restricted shares to be delivered to Mann and Fontana upon execution of the Share Exchange Agreement, pursuant to which Empire will acquire 100% of the shares of Hybrid. An additional 7 million shares shall be delivered upon commencement of production of the new series "Journey Beyond," currently scheduled to begin production in September. In addition, 10 million shares shall be delivered if the series is picked up for a second season by the networks.

Mr. Dunn, President of Empire, stated, "We are pleased to announce the completion of the acquisition of Hybrid Reality Entertainment and to be able to pursue more opportunities in reality television with such talented veterans as Ellen and Richard."

Dunn further stated, "The acquisition of Hybrid-Reality will accelerate our goal of becoming a major player in the 3D TV production arena. We believe that Hybrid's first project, 'The Journey Beyond,' has the potential to generate revenues in excess of $35 million over the next 5 years, if it is picked up for second year, not including 3D exploitation, which would increase revenues even more."

ABOUT EMPIRE POST MEDIA
Empire Post Media is an entertainment company pursuing opportunities in the television field. It brings cost-effective production methodology, and 3D technology, to established television genres, using market demand to stimulate production. The company focuses on three key areas in the television industry: post-production services; 2D to 3D conversion; and the creation, development, production and marketing of 3D television programming.

Further information about Empire Post Media can be obtained from the company's web site, www.empirepostmedia.com.

www.hybridrealityentertainment.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The words "believe," "anticipate," "intend," "estimate," "forecast," "project," "plan," "potential," "will," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

Contact Information

  • Peter Dunn
    President
    Empire Post Media, Inc.
    280 South Beverly Drive, Suite 205
    Beverly Hills, CA 90212
    Tele: 310-472-5138