SOURCE: Medient Studios

Medient Studios

September 24, 2014 10:35 ET

Medient Studios, Inc. Announces Choate Construction Company Appointed as Construction Manager

EFFINGHAM COUNTY, GA--(Marketwired - Sep 24, 2014) -  Medient Studios, Inc. (PINKSHEETS: MDNT) today announced that the Company has engaged Choate Construction Company as the Construction Manager for the Studioplex in Effingham County, Georgia.

Jake Shapiro, Chief Executive Officer of Medient Studios, commented, "We believe that Choate is the regional leader in terms of quality and reputation. From the very beginning, we have been impressed with their professionalism and expertise. The combination of Choate Construction, Bill Foley Designs, and Hussey Gay Bell & DeYoung is our dream team, and we are very fortunate to have them working with us."

"When we were approached by the new management team, we were immediately impressed with the seriousness and conviction of Mr. Shapiro and his assembled team. This is an important project for the region, and we are excited to be a part of it," stated Andrew Verenakis, Senior Pre- Construction Manager at Choate Construction Company.

The initial engagement is for the pre construction and construction specifications for the first Phase of the Studioplex sound stages, offices, public areas, roads, and infrastructure.

About Choate Construction Company

Founded in 1989, Choate Construction Company employs over 350 full-time professionals and is located in Pooler, GA, approximately 12 miles from the Studioplex site. The Company maintains a flat management style, with complete accessibility and communication between executive management and employees in the field. Results include effective collaborations, cost-saving efficiency, and a level of quality that reaches beyond design/building requirements to actual performance needs. Choate Construction Company maintains a co-surety relationship with two of the nation's largest sureties, Zurich and Travelers. Choate Construction's unique Project Control System, with its detailed time management protocol and meticulous procedures, actually shortens construction time and lowers cost without reducing quality.

About Medient Studios, Inc.

Medient Studios, Inc. (PINKSHEETS: MDNT) ("Medient") is a Georgia, U.S. based film production company. In 2013, the Company entered into a lease agreement with the Effingham County Industrial Development Authority ("IDA") whereby it has beneficial ownership of 1560 acres of land in Effingham County. The Company plans to construct motion picture studios and other related amenities on the property for film production. These facilities will include sound stages, production and post production offices, editing suites, warehouses, mills and set fabrication facilities. We refer to this fully integrated film production campus as a "Studioplex."

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.

Contact Information