SOURCE: Peace Arch Entertainment Group Inc.

July 20, 2006 06:30 ET

Peace Arch President to Highlight Company's Fiscal Q3 2006 Revenue Growth and Achievements in Interview With MN1.com

Management to Discuss Key Acquisitions and Strategies Fueling 105.6% Quarterly Revenue Increase

TORONTO -- (MARKET WIRE) -- July 20, 2006 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), a rapidly emerging, vertically integrated film and television company, announced that Company President John Flock will discuss financial results and other business achievements and initiatives in an interview with leading online microcap news broadcaster Market News First (MN1.com), scheduled for July 24, 2006, at 2 pm Eastern.

In the live broadcast, to be available online at www.MN1.com, Mr. Flock will provide in-depth discussion of Peace Arch's latest successes and strategic initiatives in the entertainment industry. The Company recently announced results for its fiscal third quarter, the three and nine-month period ended May 31, 2006. Financial results for 3Q included significant revenue growth of 105.6% increase compared to the same quarter in the prior year.

In the online interview, Mr. Flock will highlight some of the measures that have enabled Peace Arch to continue its growth as a vertically integrated independent film and television studio that finances, produces, acquires, markets and distributes its own projects and those of third party producers.

"We are excited to speak directly with investors on MN1.com," said Mr. Flock. "It is an excellent opportunity to detail the strategies that have led our extraordinary revenue increase in the third quarter of this year."

Market News First (MN1.com), considered the largest true news organization focused on microcap stocks, brings independent microcap news to investors, providing live interaction with senior management of publicly traded companies. Featuring live press conferences, all-day live trading commentary, analyst profiles, interactive forums, news items, and "The MicroBlog," MN1.com gives microcap investors the information source necessary to trade in the markets.

About MN1.com

Market News First is the only online destination that brings real microcap news to investors and features live interaction with companies from the Bulletin Board, Pink Sheets, and Amex. Featuring Live Press Conferences, All-Day Live Trading Commentary, Analyst Profiles, Interactive Forums, News Items, and "The MicroBlog," MN1.com gives microcap investors the information source necessary to trade in the markets. MN1.com boasts being the largest true news company reporting on microcap-traded stocks.

About Peace Arch Entertainment Group Inc.

Peace Arch Entertainment produces and acquires feature film and television programs for distribution to worldwide markets. Its Peace Arch Films division markets and licenses theatrical films oriented towards the major international film festivals such as Cannes, Venice and Toronto. The Company's Archetype Film label focuses on projects in the horror, thriller and action genres. Peace Arch Television specializes in the licensing of the Company's own productions and third party projects to Canadian and international broadcasters, cable and satellite companies. Peace Arch Home Entertainment, under the kaBOOM! Entertainment Inc. banner, is one of the leading distributors of DVDs and related products in Canada. Peace Arch recently entered into an agreement with Castle Hill Productions and Dream LLC to acquire their library of more than 500 classic, contemporary and genre films, which is expected to supplement Peace Arch's own annual output of more than two dozen new feature films and long form television programs. 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:

    Peace Arch Entertainment Group Inc.
    Roy Bodner
    Vice President, Public Relations and Corporate Communications
    310.450.1711
    Email Contact

    or

    Trilogy Capital Partners
    Paul Karon
    Toll-free: 800-592-6067
    Email Contact