SOURCE: Seven Arts Entertainment Inc.

Seven Arts Entertainment Inc.

October 28, 2011 15:29 ET

Seven Arts Entertainment Inc. to Announce Earnings for the Fiscal Year Ended June 30, 2011 Before Market Opening Monday, October 31, 2011

LOS ANGELES, CA--(Marketwire - Oct 28, 2011) - Seven Arts Entertainment Inc. (NASDAQ: SAPX) ("Seven Arts") announced today that it would report the results of operations of its NASDAQ listing predecessor company, Seven Arts Pictures plc ("PLC") for the fiscal year ended June 30, 2011 prior to the opening of the market on October 31, 2011. The delay in release of the earnings was due to completion of negotiations with the company's principal lender, which will have a beneficial effect on the reported earnings per share.

About Seven Arts: Seven Arts Entertainment Inc. is the successor to Seven Arts Pictures Plc, which 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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