SOURCE: Peace Arch Entertainment Group Inc.

May 04, 2006 06:30 ET

Peace Arch President John Flock Discusses Company's Key Recent Achievements in Interview With WallSt.net

Company's Recent Acquisitions and Production Agreements Spotlighted in Audio Interview With Investor News Source

TORONTO -- (MARKET WIRE) -- May 4, 2006 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), one of North America's fastest-growing independent film and television companies, announced today that Company President John Flock has given an interview to online investor information service WallSt.net, in which he discusses the Company's recent business achievements and strategic initiatives to generate high-growth revenues in the global entertainment industry.

Peace Arch creates, develops, finances, produces and distributes proprietary feature film and television programming for the US and worldwide markets. Among its key achievements, Peace Arch has recently signed a major agreement with cable television leader, Showtime Networks, for the distribution of a dramatic miniseries based on the life of King Henry VIII, called "The Tudors," set for release in 2007. The Company also recently acquired leading DVD distribution company kaBOOM! Entertainment Inc., as well as a 500-film library from Castle Hill Productions and Dream LLC, one of the largest independent film libraries in the world, and other key business achievements.

"Peace Arch Entertainment is delighted to share details of its corporate business strategy and vision for continued growth and expansion with the listeners of WallSt.net," said Mr. Flock. "At this time of robust activity on the creative and business development fronts, we're all greatly encouraged by the increasing prominence of Peace Arch within the global entertainment marketplace."

The interview is now available online and free of charge to all interested investors and members of the financial community. To listen to the interview, please visit www.WallSt.net. Click the top menu button for "Interviews," then click on PAE's ticker symbol on the left hand side of the page under the AMEX category.

About WallSt.net

WallSt.net, owned by Digital Wall Street, is an online open network financial community that provides a number of services and tools to investors, including financial and market news, reports, and conferences. It can be found at http://www.WallSt.net.

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.

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

  • Contacts:

    Peace Arch Entertainment Group Inc.
    Nicole Spracklin
    416-487-0377 ext. 237
    Email Contact

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