SOURCE: Peace Arch Entertainment Group Inc.

September 19, 2007 03:30 ET

Peace Arch Continues Strategic Expansion of Film Distribution Pipeline With Acquisition of Eight New Motion Pictures in Q4 2007

Films Feature International Stars to Capitalize on Worldwide Distribution Agreements Targeting Multibillion Dollar Entertainment Markets

TORONTO--(Marketwire - September 19, 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, announced today that it acquired an additional eight new genre films for worldwide distribution during the fourth quarter of its fiscal year ending on August 31, 2007. The acquisitions are consistent with the Company's stated strategic mission to capitalize from a high-volume production and acquisition schedule of predictably marketable film and television products.

Peace Arch's eight new feature films will also continue to be commercialized on a long-term basis through the Company's growing film and television library. The Company's library, one of the largest independent feature film libraries in the world, provides consistent cash flow and earnings quarter by quarter. The ownership of a significant library allows Peace Arch to move quickly to capitalize on technological breakthroughs that create new high-growth markets, such as internet video-on-demand or mobile entertainment devices.

"We continue to aggressively fill our distribution pipeline with highly marketable genre films intended for worldwide DVD or television premieres," said John Flock, President and Chief Operating Officer of Peace Arch Entertainment. "Together with our higher profile theatrical titles like 'Winged Creatures' and 'The Deal,' award-winning films like 'Delirious' and the Emmy award-winning television program 'The Tudors,' Peace Arch has quickly established itself as a leading supplier of top-quality content in a wide variety of media and markets."

The new films in Peace Arch's lineup are:

"The Last Hit Man," in which Joe Mantegna ("The Godfather Part III") stars as an aging assassin who discovers that he is dying, but hides the truth from his daughter -- who is also his getaway driver.

"Grindstone Rd.," starring Fairuza Balk ("Almost Famous") as a young mother who moves her family into a newly purchased farmhouse, where the seemingly friendly neighbors next door may have sinister motives.

"Time Bomb," which stars Jake Busey ("Starship Troopers") as a former U.S. soldier who discovers that while serving in Iraq he may have been infected by a dangerous virus that makes him an unwitting explosive weapon.

"Just Business," a mystery starring Gina Gershon ("Delirious") as the daughter of a retiring cat burglar whose "one last heist" may have included an art collector's priceless piece: a contract with the devil himself.

"Twice Shy," a sexy, gothic tale in which Jason Mewes ("Jay and Silent Bob Strike Back") meets a seductive vampire from the 1800s who is released from her coffin into a present day city.

"Static" featuring Kathleen Robertson ("Hollywoodland") as one of the ambitious creators of a promising computer chip who install their invention into their own brains only to encounter unforeseen complications and "irreversible" consequences.

"Willard," a documentary that tells the touching true story of a man, who, after avoiding the military draft of World War II never returns to society, living in the woods for 60 hardscrabble years as the legendary Hermit of Gully Lake.

Peace Arch Entertainment's current line-up of feature films and long-form television programming includes the Showtime Networks multi-Emmy Award-winning television event mini-series "The Tudors" starring Golden Globe® Award-winning actor Jonathan Rhys Meyers, which premiered to record audiences in the U.S. in April. Additional productions include the powerful ensemble drama "Winged Creatures," now in post-production, starring Kate Beckinsale, Academy Award® winners Forest Whitaker and Jennifer Hudson, Dakota Fanning, Guy Pearce and Jackie Earle Haley, and the film comedy "The Deal" from the best-selling Peter Lefcourt novel, with a cast that includes Academy Award® nominee William H. Macy, Meg Ryan, LL Cool J and Elliott Gould, currently in post-production.

Other titles in Peace Arch's growing lineup include the award-winning comedy "Delirious" from director Tom DiCillo, starring Steve Buscemi, Michael Pitt, Alison Lohman, Gina Gershon and Elvis Costello, and "Chapter 27," a drama starring Jared Leto and Lindsay Lohan which, like "Delirious," had its world premiere at the 2007 Sundance Film Festival; and the romantic comedy "Watching the Detectives" starring Lucy Liu and Cillian Murphy, which world premiered at the 2007 Tribeca Film Festival.

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 feature 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

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    Roy Bodner
    Vice President Public Relations
    Peace Arch Entertainment
    (310) 776-7208
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    Financial Communications
    Trilogy Capital Partners
    Ryon Harms
    (800) 592-6067
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