SOURCE: Getfugu Inc.

April 21, 2009 09:30 ET

Getfugu Partners With Hollywood's CP Productions

Hollywood Production Company to Represent Getfugu's Mobile "Hot-Spotting" in Entertainment Sector

SAN FRANCISCO, CA--(Marketwire - April 21, 2009) - Getfugu Inc. (OTCBB: GFGU), the next generation mobile search tool, has signed a deal with premier production company CP Productions, the company responsible for successes such as "How to Lose A Guy in 10 Days," one of the highest grossing romantic comedies of all time that grossed a half a billion dollars worldwide, and award winning films such as "Before the Devil Knows You're Dead" from legendary director Sidney Lumet and starring Academy Award winning actors Phillip Seymour Hoffman and Marisa Tomei.

Under the terms of the agreement CP Productions will become Getfugu's agent for its "Hot-Spotting" technology to the entertainment industry, providing Getfugu with premier and exclusive deals to further enhance its distribution platform.

"Hot-Spotting" provides advertisers and content providers with a unique new way to monetize their marketing efforts, allowing the consumer to purchase or retrieve information on any item featured in a video simply by touching it on the screen of any touch-screen phone. CP Productions' Christine Peters and Michael Cerenzie will be spearheading the partnership with Getfugu, and are already in talks with a number of leading networks, production and content companies. The platform will cover the key genres of fashion, celebrity, music, sports and comedy -- topics that today's wired world want readily available at their fingertips. Additionally, Christine Peters has been elected to serve on the Board of Directors for Getfugu, effective immediately.

"We are thrilled to be entering into this partnership with the extremely talented people at Getfugu. We know there is huge potential for this company's technologies within the entertainment industry. We believe 'Hot-Spotting' will become the ultimate mobile entertainment service and we are very excited about it," stated CP Productions' principals Christine Peters and Michael Cerenzie.

Led by CEO Bernie Stolar, former Game Evangelist at Google Inc, Getfugu is set to launch in Fall 2009. Phones with Getfugu installed will provide consumers with a completely new experience in web browsing and e-commerce. Offering four unique services -- See it (ARL), Say it (VRL), Find It (GRL) and Get It (Hot-Spotting), Getfugu offers the simplest and most convenient means to retrieve the information you seek and make the purchases you want from the palm of your hand.

Getfugu's CEO, Bernie Stolar, stated, "Expanding our mobile distribution platform is an important step for Getfugu and we are delighted to be doing this in partnership with CP Productions. Both Christine and Michael bring years of experience, knowledge and contacts in the entertainment industry. They have already begun negotiations with major Hollywood studios for use of our technology."

About CP Productions

CP Productions is a full service entertainment production company, working across development, financing and production. CP Productions' Partner Michael Cerenzie is a respected filmmaker and financier, having funded numerous movies and worked with iconic filmmakers including Sidney Lumet, Jim Sheridan and Martin Scorsese. To date, Michael Cerenzie has raised close to $1.5 billion in financing for feature films.

The company is currently in pre production on three motion pictures, including the topical and high profile drama "Black Mass," a biopic on screen legend Steve McQueen, with Academy Award winning director Jim Sheridan and the romantic comedy "Fashionistas" with director Donald Petrie.

Christine Peters is a veteran of the entertainment business, having moved to the US to be Vice President of Foreign Sales and Distribution for Intercontinental Releasing Corporation and later teaming up with Academy Award winning producer Robert Evans to manage his production company. Motion pictures that Christine Peters has participated in have grossed close to a billion dollars worldwide.

About Getfugu

Getfugu Inc. is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. Getfugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones' core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, Getfugu offers the only mobile hot-spotting ecommerce platform available worldwide today. The Getfugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.

Safe Harbor Statement

Cautionary Statement Concerning Forward-Looking Statements: This news release contains both historical and forward-looking statements. All statements which are not statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. These forward-looking statements are not based on historical facts, but rather reflect the Company's current expectations concerning future results and events. Similarly, statements that describe the Company's objectives, plans or goals are or may be forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors that are difficult to predict and which may cause the actual results, performance or achievements of the Company to be different from any future results, performance and achievements expressed or implied by these statements. These risks include among other risks, the factors described in the Company's news releases and filings with the Securities and Exchange Commission, including but not limited to the Company's 10K Annual Report as filed on Form 10-K and the quarterly report as filed on Form 10-Q for the period ended September 30, 2008. The forward-looking statements included in this document are made only as of the date of this document, and, under section 27A of the Securities Act and section 21E of the Exchange Act, the Company does not have any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances.

Contact Information

  • Contact Information:
    Capital Group Communications
    Mark Bernhard
    415-332-7200