Peace Arch Entertainment Group Inc.

Peace Arch Entertainment Group Inc.

November 04, 2005 11:20 ET

Peace Arch Expands Production Slate With New Division And Five New Films

SANTA MONICA, CALIFORNIA and TORONTO, ONTARIO--(CCNMatthews - Nov. 4, 2005) - Peace Arch Entertainment Group Inc. (AMEX:PAE)(TSX:PAE.LV) today announced the formation of a new genre division, Archetype Films, which will produce and distribute action, horror, thriller and science fiction films for the worldwide market.

The new label, which makes its debut at the 2005 American Film Market currently underway in Santa Monica, California, is off to a quick start with five films already in production:

- THE VETERAN, starring Ally Sheedy, Michael Ironside and Bobby Hosea, is an action thriller about a Vietnam War veteran confronted by an old comrade who forces him to relive the bloody battles of his past.

- HEARTSTOPPER, starring Robert Englund (NIGHTMARE ON ELM STREET), Meredith Henderson and James Brinkley, is a classic horror film about two teens trapped in a dilapidated hospital while a homicidal maniac stalks the halls.

- WARRIORS OF TERRA, starring Edward Furlong (TERMINATOR 2), Ellen Fury and Andrew Lui, is a sci-fi/horror film in which a team of young animal liberationists penetrates a biotech facility and discovers a genetically engineered creature more terrifying than anything they could possibly have imagined.

- THE LAST SECT, starring David Carradine (KILL BILL) as a descendant of the legendary vampire hunter Van Helsing, is about a group of seductive female vampires who use an internet dating service to recruit their victims.

- 5IVE GIRLS, which is currently being cast, is about five wayward teens sent to an all-girls reform school where they discover their own supernatural powers and battle an ancient demon.

Peace Arch's Charlie Bloye heads up the new division's international sales operation in London, while the Company's Paul "Bateman" Davis-Miller handles U.S. sales from the Peace Arch offices in Los Angeles.

"Our new slate of cutting-edge, story-driven projects have proven ancillary market appeal and break-out box office potential on the margin of "SAW" and "OPEN WATER," said Peace Arch President John Flock. "As we expand our offerings to include more theatrical titles, we are also excited by our ability to rapidly grow our library with a substantially increased output of commercially reliable genre productions."

Peace Arch recently announced its first two films intended for worldwide theatrical markets, CHAPTER 27 starring Jared Leto and Lindsay Lohan, and "DELIRIOUS" starring Steve Buscemi, Michael Pitt and Alison Lohman.

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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