Peace Arch Entertainment Group Inc.

Peace Arch Entertainment Group Inc.

November 14, 2005 06:36 ET

Peace Arch Concludes Most Successful American Film Market 'AFM' in Company History

TORONTO, ONTARIO--(CCNMatthews - Nov. 14, 2005) - Peace Arch Entertainment Group Inc. (TSX:PAE.LV)(AMEX:PAE) today announced that the 2005 American Film Market in Santa Monica, California was the most successful Market in the Company's history.

Through its theatrical sales unit Peace Arch Films Ltd. and its new genre division Archetype Films, the Company concluded presales across its entire slate of nine new projects in Canada, the United Kingdom, Spain, France, Japan, Scandinavia, Belgium, the Netherlands, Portugal, Brazil, Greece, the Middle East, South Africa, Indonesia, the Czech and Slovak Republics, former Yugoslavia, C.I.S., Turkey and Romania.

Peace Arch sold its films to many of the most highly regarded independent distributors in the industry including Metropolitan in France, Asmik Ace in Japan, Momentum in the U.K., Smile in Scandinavia, Paradiso in Benelux, Aurum in Spain, Echo Films and Lusomundo in Portugal and Odeon in Canada.

Penny Wolf, Peace Arch's Executive Vice President of International Sales and Marketing, stated: "We are very pleased to have achieved such tremendous success in our first film market since restructuring Peace Arch's international sales division. We believe Peace Arch is one of the few companies bringing such a broad array of top quality projects to the market, and we are delighted that worldwide distributors at AFM responded so favorably to our exciting new line-up."

"Peace Arch's wealth of presales at AFM validates our corporate strategy of offering distributors a diverse slate of desirable productions in a variety of genres and budgets," said Peace Arch President John Flock. "We expect that this strategy, combined with the Company's conservative approach to production financing, will provide us with increasingly reliable cash flow and bottom-line operating results while we focus on rapidly and profitably expanding the size of our film and television libraries."

Peace Arch introduced nine new titles at the 2005 American Film Market, including CHAPTER 27 starring Lindsay Lohan and Jared Leto and "DELIRIOUS" starring Steve Buscemi, Michael Pitt and Alison Lohman. The Company also launched its new genre division, Archetype Films, which focuses on horror, thriller, action and suspense movies.

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.

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