SOURCE: Seven Arts Pictures plc

Seven Arts Pictures plc

August 31, 2010 08:30 ET

Seven Arts Acquires Motion Picture "Radio Free Albemuth" for Distribution

HOLLYWOOD, CA--(Marketwire - August 31, 2010) -  Seven Arts Pictures plc (Seven Arts) (NASDAQ: SAPX) announced today the acquisition of the motion picture "Radio Free Albemuth" for foreign and domestic distribution. Seven Arts agreed to act as sales agent for the picture through its subsidiary, Seven Arts Pictures Louisiana.

"Radio Free Albemuth" is based on Philip K. Dick's novel of the same name and stars Shea Whigham ("Bad Lieutenant: Port of Call - New Orleans," "Fast & Furious"), Katheryn Winnick ("Killers," "Failure to Launch") and Alanis Morissette ("Weeds") and was written and directed by John Alan Simon.

Peter Hoffman, CEO of Seven Arts, commented, "Seven Arts is excited about this acquisition. I am a big fan of Philip K. Dick and I think that this interpretation of his work will be a great addition to the Seven Arts catalogue."

About Seven Arts:

Seven Arts Pictures plc ("SAP," "7 Arts" or the "Company") was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.

Cautionary Information Regarding Forward-Looking Statements:
Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.

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