SOURCE: Stereo Vision
April 07, 2011 09:31 ET
Stereo Vision Entertainment to Change Name to Stereo 3D Studios
HOLLYWOOD, CA--(Marketwire - April 7, 2011) - Stereo Vision Entertainment Inc. (PINKSHEETS: SVSN) announced today that the majority shareholders have voted to change the corporate name to Stereo 3D Studios Inc.
Stereo Vision's Chief Executive Officer Jack Honour stated, "As with Nintendo's 3DS, Stereo 3D is becoming the new standard. From 3DS video games to feature films and live broadcasts, everything's going to be in Stereo 3D. The Company has acquired the URL Stereo3DStudios.com and the Company's new web site is currently under construction.
"Management is working closely with Counsel to complete the documentation generated by the acquisition of Rezn8, which includes the Company's minority ownership of Instant Effects (http://instanteffects.com), and EMN8 (http://emn8.com). We are continuing to work as quickly and economically as possible to bring the newly acquired companies under the umbrella of the public company, and to complete the Company's SEC filings. The acquisition of Rezn8 has provided the Company with a plethora of new opportunities and going forward we will be announcing an exciting array of new Stereo 3D projects."
Rezn8 -- Since 1987, Hollywood-based Rezn8 (http://rezn8.com) has been instrumental in developing the media vision for a broad spectrum of domestic and international clients across a range of platforms that include broadcast, film, Internet, wireless and games. Rezn8 is acknowledged as a leader in broadcast graphics and animation and as a pioneer in the design and development of graphical user interfaces (GUI), company branding, and real-time viewer experiences. Having developed identity packages for Entertainment Tonight, CBS Sports, NBC, ABC, Fox, HBO, VH-1, Sci-Fi Channel and Showtime, Rezn8 has earned nine national Emmy Awards. Rezn8 has also been one of Microsoft's primary outside design sources for graphical user interface (GUI) including GUI design and development for XBOX, MSN 9 & 10, Home Media Center, Windows XP, and Microsoft's Home of the Future.
Stereo Vision Entertainment Inc -- (SVE) (http://stereovision.com) -- Headquartered in Van Nuys California, SVE is a publicly traded company focused on the delivery of high-quality, low-cost 3D entertainment content. SVE's business is driven by the acquisition and production of cutting edge 3D media assets. Responding to the incredible growth and demand for digital 3D content, Stereo Vision is developing a wide variety of digital 3D entertainment properties for these new and rapidly expanding distribution platforms.
Safe Harbor Statement: Except for historical information, this news release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended.