SOURCE: Peace Arch Entertainment Group Inc.

January 22, 2007 07:28 ET

Peace Arch Announces Initiation of Coverage by SmallCapInsights Investment Newsletter

Initial Editorial Installment Focuses on Peace Arch's Recently Released Q1 2007 Results Showing Revenue Increase to $11.3 Million With Positive Earnings

TORONTO -- (MARKET WIRE) -- January 22, 2007 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an innovative film and television entertainment company, announced today the release of the first installment of compensated editorial coverage by SmallCapInisights.com, a leading investment newsletter committed to fair and accurate coverage for tomorrow's smallcap breakthroughs.

In its coverage, SmallCapInsights provides investment-oriented commentary on Peace Arch and its latest news and milestones. Peace Arch recently announced operating results for its first quarter of fiscal 2007, reporting revenues of $11.3 million, versus $0.9 million for the same period in the previous fiscal year.

"Peace Arch recently released very impressive Q1 results that show enormous growth in revenues," said the editors of SmallCapInsights.com. "The Company's management team has proven to be innovative in their ability to produce a truly remarkable number of high-quality films, and to generate a substantial library of content for home entertainment and worldwide distribution, providing a solid return on investment."

According to Peace Arch's recent Q1 2007 release, the Company's main achievements for that period were a business venture agreement with CSC Global Technologies to launch a digital film distribution subsidiary. The Company also completed a sale of distribution rights excluding North America to Sony Pictures Home Entertainment for the television program series "The Tudors." Also, The Company was also invited to premiere two recently completed films, "Chapter 27" and "Delirious" at the prestigious Sundance Film Festival, North America's top independent movie showcase.

"The Company has made some aggressive moves that we believe will prove valuable for investors well into the future," added the editors. "In our opinion we believe that this company warrants close examination for smallcap investors."

To read SmallCapInsights' compensated coverage, visit http://www.smallcapinsights.com.

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 Home Entertainment is one of the leading distributors of DVDs and related products in Canada. For additional information, please visit www.peacearch.com.

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 Statements

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.

About SmallCapInsights.com

The editors and publishers of SmallCapInsights.com have decades of direct experience both in the markets and in the newsletter genre as well as being avid students of the smallcap sector. They represent the companies they feel have the best chance of enhancing portfolio returns. For more information, visit http://www.smallcapinsights.com.

Compensation Disclosures

Editorial is provided by SmallCapInsights.com ("Smallcap") to provide readers with information on publicly traded companies which have retained Smallcap to provide editorial commentary. Smallcap receives compensation for those services from the company, which consists of cash and/or securities of the company. Factual information is obtained from public filings and other sources deemed to be reliable; however, Smallcap takes no responsibility for verifying the accuracy of such information and makes no representation that such information is accurate or complete. Further, Smallcap and its employees and affiliates may own, or may purchase and sell, securities of the companies profiled. Smallcap undertakes no obligation to inform readers about the ownership or trading activities of it or its employees or affiliates in the securities of the profiled companies. As of September 11, 2006, SmallCapInsights.com has received US$4,000 from Peace Arch Entertainment for editorial coverage.

Contact Information

  • Contact:

    Roy Bodner
    Vice President Public Relations
    Peace Arch Entertainment
    (310) 450-1711
    Email Contact

    Or

    Financial Communications
    Trilogy Capital Partners
    Paul Karon
    (800) 592-6067
    Email Contact

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