EFFINGHAM, GA--(Marketwired - Oct 9, 2013) - Manu Kumaran, Chairman and Chief executive officer of Medient Studios, Inc. (OTCQB: MDNT) ('Medient'), will participate in a "State of the Studios" panel discussion at the American Intercontinental University Student Center, on Thursday, October 17 at 6:30 p.m. The panel discussion is presented by Media Communications Association - International's Atlanta chapter and will be moderated by Craig Dominey, senior location specialist and project manager at the Georgia Film, Music and Digital Entertainment Office.
During the panel discussion, selected speakers will discuss the booming film and video industry, plans for the future and what skills the industry needs from local actors, technicians and creative talents. Georgia's film and television production industry has created more than 30,000 jobs according to state officials, and more than 30 supplier companies have expanded or located here since the state passed tax incentives in 2008.
In addition to participating in the panel discussion, Kumaran will present an overview of Medient Studios and the company's progress on the new Studioplex, which is expected to bring in excess 1,200 new jobs to the region.
About Medient (www.medient.com)
Medient Studios, Inc. (OTCQB: MDNT) is an entertainment content creation company with a strong presence in North America, Europe and India. Medient's management team has approximately 150 years of experience in the motion picture industry and is responsible for producing and/or financing over 250 movies. Medient is realigning the content creation process to enable efficiencies of scale and eliminate process waste by building a fully integrated movie and electronic game production facility and campus ('Studioplex') on a 1,550-acre property in Effingham County, Georgia. Once operational this production facility will be the largest of its kind in the United States. For more information about Medient, visit www.medient.com.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and other risks and uncertainties described in the Company's periodic filings with the Securities and Exchange Commission.