SOURCE: Peace Arch Entertainment Group Inc.

September 12, 2007 18:00 ET

Peace Arch Announces Completion of Record-Setting Production Year for The Eyes Division

Company's Lifestyle Television Division Produces 47 New Episodes Contributing Additional Revenue Growth

TORONTO--(Marketwire - September 12, 2007) - Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an integrated global entertainment company creating critically acclaimed television, film and DVD content for worldwide distribution, has announced that the Company's television lifestyle programming division, The Eyes Project Development Corp., has concluded a record setting production schedule with 47 new television episodes and three new pilots during the Company's fiscal year ending September 1, 2007. The productions will broadcast on such outlets as the National Geographic Channel, CBC, TLC and Bravo.

Peace Arch continues to execute on its high-growth business model focused on producing an increasing volume of highly commercial film and television content while mitigating risk through the utilization of certain financing strategies such Canadian tax credits and non-recourse bank financing.

"The Eyes continues to produce high-quality, low-cost content that enables Peace Arch to provide reliable cash flow and profitability," said John Flock, President of Peace Arch Entertainment. "The division's commitment to innovation, quality and production efficiency has yielded terrific results for Peace Arch. We congratulate our colleague Blair Reekie on the outstanding performance of his division and we are confident that The Eyes will continue to produce television programming at a record setting pace in fiscal 2008 which will provide the Company with attendant revenues and earnings."

The Eyes is a full service production and post production company based in Vancouver that is widely recognized for reality entertainment formats that include weight loss programs and home makeovers. The Company also produces sponsored programming and provides post production services to networks and independent producers.

In fiscal 2007, The Eyes' production schedule included episodes for the series "Makeover Wish," "Bulging Brides," "Last 10 Pounds Boot Camp" and "Air Dogs." Other original programs include "Animal Miracles" (ANIMAL PLANET), "Alien Abduction" (UPN), "Rights of Passage" (TLC), "Raven in the Sun" (CBC), "Campus Vets" (National Geographic Channel) and "Love it or Lose it!" (HGTV). The company earned a 2007 Western Regional Emmy® Award for its series "Heroines" broadcast on BRAVO.

"The Last 10 Pounds Boot Camp" is a format that propels women through an intense fitness and nutrition regimen that dramatically resizes them in record time. Motivated by a special event (an upcoming wedding, anniversary, vacation) participants strive to transform themselves physically and mentally in just four weeks. "The Last 10 Pounds Boot Camp" is already on its second season, which is due to begin broadcasting later this month.

"Bulging Brides" is a new and riveting comical format that is due to launch in January 2008 on the Slice Network. It is a brash take on weight loss, as the show depicts various scenarios on how to get a 'bride to be' into her undersized wedding dress. A 'Dream Team' of fitness trainers and nutritionists identify the bride's physical problem zones, the challenges she faces with her wedding dress and how to establish her goals by working with the bride over a six-week period in order to meet her target weight.

"Love It or Lose It" is the latest part design, part game show from Peace Arch Television. Currently airing on HGTV, Canada alongside other popular British design shows, "Love It or Lose It" is a fun-filled interior design series that gives homeowners the opportunity to offer up a room in their home for a big budget makeover. It ends with the ultimate choice -- love It and keep the new room or lose It, forcing the designer to tear down their masterpiece.

"Makeover Wish" is a feel good format that follows a $25,000 makeover dream come true for very deserving people. Nominated by friends and family for this special and once in a life time opportunity, homeowners will receive the chance to have a fantastic makeover for the whole family, for one person, or just one room.

About Peace Arch Entertainment Group Inc.

Peace Arch Entertainment produces and acquires feature films, television and home entertainment content for distribution to worldwide markets. Peace Arch owns one of the largest libraries of top quality independent feature films in the world, featuring more than 500 classic and contemporary titles. Through its subsidiary, Peace Arch Home Entertainment, Peace Arch is also one of the leading distributors of DVDs and related products in Canada. For additional information, please visit www.peacearch.com. Peace Arch recently acquired Dufferin Gate Productions, one of Toronto's foremost providers of production services and facilities, and Trinity Home Entertainment, a leading distributor of independent features films in the United States.

For more investor-oriented information about Peace Arch Entertainment, visit http://www.trilogy-capital.com/tcp/peace-arch/. For current stock price quotes and news, visit http://www.trilogy-capital.com/tcp/peace-arch/quote.html . To view an Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/peace-arch/factsheet.html . To read a transcript of a recent Peace Arch investor conference call or listen to an archived recording, please visit http://www.trilogy-capital.com/tcp/peace-arch/conference.html.

FORWARD-LOOKING STATEMENT

This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • Contact:

    Roy Bodner
    Vice President Public Relations
    Peace Arch Entertainment
    (310) 776-7208
    Email Contact: Email Contact

    Financial Communications
    Trilogy Capital Partners
    Ryon Harms
    (800) 592-6067
    Email Contact: Email Contact