SOURCE: Peace Arch Entertainment Group Inc.

January 24, 2007 06:30 ET

Peace Arch Entertainment Presents Transcript of Latest Investor Conference Call Detailing Strategic Initiatives and Latest Progress

Company Details Record Q1 2007 Revenues, Leading Divisions and Featured Productions Targeting Multibillion-Dollar International Markets

TORONTO -- (MARKET WIRE) -- January 24, 2007 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an innovative film and television entertainment company, invites investors to view a transcript of the Company's recent investor conference call, where President John Flock and Chief Financial Officer Mara Di Pasquale recapped the Company's recent strategic milestones and recently reported record-breaking $11.3 million in revenues for fiscal Q1 2007.

During the conference call, Mr. Flock highlighted key elements of Peace Arch's strategy to capitalize on feature films, television and home entertainment content for distribution to worldwide markets.

"Our financials showed some very encouraging results this quarter that really demonstrate the progress we've made over the past year and validate our strategy for growth and increasing value for our shareholders," said Mr. Flock during the conference. "We've got a great management team in place, all of whom have been very successful in prior ventures in the entertainment industry and we're starting to see the strength of our integrated business model."

Mr. Flock also discussed the Company's main achievements during Q1 2007, which include a new business venture agreement with CSC Global Technologies to launch a digital film distribution subsidiary and a sale of distribution rights outside North America to Sony Pictures Home Entertainment for the television program series "The Tudors." In addition, the Company was invited to premiere two recently completed films, "Chapter 27" and "Delirious," at the prestigious Sundance Film Festival, North America's top independent movie showcase.

To read the full text of the recent conference call, please visit http://www.trilogy-capital.com/tcp/peace-arch/.

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 is the owner of one of the largest libraries of top quality independent feature films in the world. 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.

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.

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