SOURCE: Empire Film Group, Inc.

March 17, 2008 14:51 ET

Empire Upgrades "Shadow Vision" Production to 3D Format

BEVERLY HILLS, CA--(Marketwire - March 17, 2008) - In response to consumer demand and requests from key theatre chains at the Showest convention in Las Vegas last week, Empire Film Group, Inc. (PINKSHEETS: EFGU) ("Empire Film") (http://www.empirefilmgroup.com) has announced that it will upgrade its current production of "Shadow Vision" to conform with the hugely popular new "Real D" 3D theatrical format from Real D Cinema. Recently released films in the "Real D" 3D format include "Beowulf" and "Hannah Montana," both of which generated record-breaking per screen averages from 3D locations, eight times greater box office revenues than standard format theatres.

"Movie goers want to be dazzled," said Empire CEO Dean Hamilton-Bornstein. "As big screens and home projection systems become more common, consumers are demanding a bigger, better movie experience from theatres. The 'Real D' 3D format meets this challenge as it delivers a stunning, perfectly sharp 3D image, free of frame jitter or left eye-right eye issues that plagued previous attempts at 3D exhibition. It's clear that the major studios plan to respond to this demand but cannot move as quickly as we are at Empire Film Group with 'Shadow Vision' and other upcoming 3D features."

In response to the sudden popularity of the "Real D" 3D format, New Line Cinema will be releasing "Journey to the Center of the Earth" starring Brendan Fraser on July 11 in 3D. However, very few if any new 3D releases will be available for the next year, despite the announcement by Dreamworks chief Jeffrey Katzenberg that all of their future animated features will be released in 3D. The only major live-action 3D feature, "Avatar," from director James Cameron, has been delayed for release until December 2009, opening a window of 18-months for Empire Film Group with virtually no competition in the live-action, 3D arena.

"We see an opportunity to generate tens of millions of dollars at the box office with 'Shadow Vision' and other Empire 3D releases," said Eric Parkinson, CEO of Empire Home Entertainment, the distribution division of Empire Film Group, Inc. "Both theatre owners and consumers are asking for more, live-action releases in 3D, and we intend to deliver."

"Shadow Vision" stars Vivian Schilling as a blind woman who develops the ability to remotely sense and visualize crimes. The film will be directed by Eric Parkinson from his original screenplay, with 3D cinematography by Andrew Parke, whose credits include the recent Lionsgate release of "Night of the Living Dead: 3D." Bruce Branit ("Sin City") will handle visual effects, with Dan Symmes supervising the 3D technology. Principal photography will commence in late May, with a 3D theatrical release targeted for February 2009.

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 25 years of experience in development, production, distribution, finance and marketing of feature films and television programming. Through its acquisition of Truman Press, Inc., d/b/a "Hannover House," Empire is also a fully integrated film, DVD and book distributor, with sales relationships for placement of products into all major USA retail chains.

Learn more about Empire Film Group by visiting www.empirefilmgroup.com.

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