SOURCE: Exodus Film Group

May 31, 2005 15:42 ET

Exodus Gets Colorful With Two New CG-Animated Films

VENICE, CA -- (MARKET WIRE) -- May 31, 2005 -- Exodus Film Group today announced the addition of two CG-animated features to their film slate -- "The Hero of Color City" and "Amarillo Armadillo." These two films are a direct response to overwhelming industry and investor interest in Exodus' CG-Animated film "Igor," which is currently in production. These films, along with "Igor," make up the slate of Exodus' $50 million film fund and represents Exodus' decision to position itself as one of the first private equity animation film funds in the entertainment industry, capitalizing on the industry's robust demand for animation properties. An "Igor" short is in production and features the voice of Christian Slater in the title role. The film's theatrical release is anticipated in 2007.

Veteran animation executive Max Howard ("Lion King," "Aladdin," "Space Jam") will executive produce both films with animation created by Exodus' award-winning partner ElectroAge.

"The Hero of Color City" is an imaginative tale chronicling the adventures of a colorful band of crayons as they strive to protect their magical, multi-hued homeland from an evil tyrant that threatens to rid their world of all joy and color. Replete with life lessons, this story promises to entertain and inspire in a vibrant and humorous CG world. The script was written by J.P. McCormick and Rich Raczelowski.

"Amarillo Armadillo," a comedic adventure written by Robert S. Kahn, follows an unlikely trio across 1920's Texas in a humorous battle against Man and Mother Nature. Our story follows Montie, a hapless, ne'er-do-well British oil prospector, Oliver, a love-struck armadillo and Uriah, a cynical horned-toad as they attempt to find and rescue one of their own -- Oliver's true-love Arabella. In a roller-coaster ride of danger, near misses, and utter confusion, they face some of the wackiest characters to ever come out of Texas. Their adventure allows Montie & friends to conquer fears and obstacles none could have faced alone and, in the end, discover the true value of courage, friendship, and love.

"We're excited about moving forward with an all-animated film fund," said Exodus' President John D. Eraklis. "In addition to the box office potential of these films, we believe that the licensing and merchandising aspect of our animation properties will be among their greatest strengths, and we fully intend to take advantage of these properties' exceptionally well-suited presence in the ancillary market."

"We're very fortunate to have discovered these two additional animated projects," added Howard. "Our focus continues to be about original, imaginative stories with clever writing and we've definitely found that with these projects."

In addition to executive producing "Igor," Howard is also producing the CG-animated/live action feature "Pavlov's Dog," a co-production between Howard's Melwood Pictures and Exodus.

Kahn has worked in the entertainment industry for over 20 years: first as an agent, then in the cable industry and now as a writer. He has sold and optioned numerous projects over the last several years and co-produced the award-winning short film "An Eye For Talent."

ABOUT EXODUS FILM GROUP

Led by President & CEO John D. Eraklis, Exodus Film Group was founded in 2001 in an effort to create a one-stop entertainment company capable of producing content equal in quality to the studios and networks on a realistic budget. Exodus acquires, develops and finances intellectual properties, taking them from inception to distribution.

Print quality digital images of artwork, individuals, and logos are available upon request.

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