SOURCE: Peace Arch Entertainment Group Inc.

April 19, 2007 06:00 ET

Peace Arch Entertainment's "Delirious" Wins Fifth Film Festival Award

Award Further Validates Feature Film's Commercial Viability With Potentially Lucrative Worldwide Audiences

TORONTO -- (MARKET WIRE) -- April 19, 2007 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an innovative film and television entertainment company, announced today that its comedy "Delirious" won the Istanbul Film Festival's Special Jury Prize, The Silver Tulip Award. "Delirious" will continue its global film festival schedule throughout 2007.

After winning Best Director, Best Screenplay and the coveted SIGNIS Award at Spain's San Sebastian Film Festival, Best Director at the HBO US Comedy Arts Festival in Aspen, Colorado, and a successful North American premiere at Sundance, the Tom DiCillo written and directed comedy will be featured at numerous film festivals worldwide.

"Delirious" will also be screened at the prestigious Sundance Institute/Brooklyn Academy of Music event in Brooklyn, NY on June 2 and June 10. The film will be the Centerpiece Film at the 50th Annual San Francisco Film Festival on May 5, and at the Seattle Film Festival in June. Internationally, "Delirious" will be featured at the Kosmorama Film Festival in Norway, Karlovy Vary Film Festival in The Czech Republic, Avignon Film Festival in France, the Jerusalem Film Festival in Israel, Flanders Film Festival in Belgium, and Warsaw Film Festival in Poland.

"We feel very confident that 'Delirious' will continue to gain recognition on the international film festival circuit and grab the attention of possible acquisition and distribution partners," said John Flock, President of Peace Arch Entertainment.

"Delirious" stars Independent Spirit Award winner and Golden Globe Award and Emmy Award nominee Steve Buscemi ("Fargo" "Big Fish" "The Big Lebowski"), Young Hollywood Award and Hollywood Film Festival Best Actress Award winner Alison Lohman ("Matchstick Men" "Where The Truth Lies"), Michael Pitt ("Silk" "Last Days"), MTV Movie Award nominee Gina Gershon ("Bound" "Man About Town") and world renowned musician Elvis Costello playing himself. The picture was produced by Independent Spirit Award winner Bob Salerno ("21 Grams" "All The Pretty Horses" "Chapter 27").

In "Delirious" Steve Buscemi plays a celebrity photographer who befriends a young homeless man (Michael Pitt) who aspires to be an actor. Alison Lohman plays the starlet of the moment whose romantic interest in Pitt's character creates a wedge between the two unlikely friends.

Peace Arch Entertainment's expanding line up of feature films and long-form television programming includes one of the favorites at the 2007 Sundance Film Festival, the drama "Chapter 27" starring Jared Leto and Lindsay Lohan. Peace Arch also recently completed the romantic comedy "Watching The Detectives" starring Cillian Murphy and Lucy Liu, which will world premiere at the Tribeca Film Festival in New York City in May, and began production on the film satire "The Deal" from the best-selling Peter Lefcourt novel, with a cast that includes William H. Macy, Meg Ryan, LL Cool J and Elliott Gould. Peace Arch's highly anticipated ten-hour television event mini-series, "The Tudors" starring Jonathan Rhys-Myers, began airing in the U.S. on Showtime Networks in April.

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

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) 776-7208
    Email Contact: Email Contact
    Or
    Financial Communications
    Trilogy Capital Partners
    Ryon Harms
    (800) 592-6067
    Email Contact: Email Contact