SOURCE: StereoVision Entertainment Inc.

StereoVision Entertainment Inc.

April 27, 2016 09:00 ET

StereoVision's J/V Company, Inspirational Vision Media, Completes Deal for the Acquisition of All Assets of Alpine Pictures Inc. and Star Guardian LLC

LAS VEGAS, NV--(Marketwired - Apr 27, 2016) - StereoVision Entertainment Inc. (SVE), a publicly traded Nevada corporation (OTC PINK: SVSN), announced today their J/V company, Inspirational Vision Media Inc. (IVM), a Nevada C corporation, has completed an agreement acquiring all assets of Alpine Pictures and Star Guardian.

"We're very excited to have completed this step in the process," stated IVM's CEO Steven Previch. "The assets include a library of 10 feature films independently valued at near $5mil, rights to the 9 book series 'Legends of Oz' by internationally recognized children's author and great grandson of 'Wizard of Oz' author, Roger Stanton Baum, and all Star Guardian assets and virtual reality IPs in which to date approximately $6mil has been invested. In concert with the SVE group of companies we are now aggressively pursuing opportunities for the commercial exploitation of these assets in film, TV, V/R apps, online and merchandizing."

Inspirational Vision Media Inc. (http://ivmi.biz), a Nevada C corp whose purpose is to bring together StereoVision, Alpine Pictures, Dorothy of Oz LLC, Emerald City of Oz LLC and Star Guardian under the umbrella of the to be publicly traded company, Inspirational Vision Media.

StereoVision Entertainment Inc. (http://stereovision.com), headquartered in Las Vegas, Nevada. StereoVision Entertainment is a publicly traded Nevada corporation focused on the delivery of high-quality, low-cost 3D content. StereoVision's business is driven by the creation, acquisition, and production of cutting edge multimedia assets. Responding to the growing demand for 3D content StereoVision is acquiring and developing a wide variety of 3D intellectual properties and technologies for the many emerging 3D distribution platforms.

REZN8 (http://rezn8.com/), a StereoVision wholly owned subsidiary. Founded in 1987, the 9 time Emmy Award winning REZN8 is well known throughout the Industry for developing the media vision for a broad spectrum of domestic and international clients across a wide range of platforms including broadcast, film, Internet, wireless, and video games. REZN8 is an acknowledged leader in broadcast graphics, titles and 3D animation and is a pioneer in the design and development of graphical user interfaces (GUI). REZN8 has produced content for NBC, ABC, CBS Sports, Entertainment Tonight, Fox, HBO, VH-1, Syfy Channel, the UFC, Showtime, and numerous others. For many years REZN8's been a primary outside design source for Microsoft's graphical user interface, including Microsoft Home Media Center, Microsoft Windows XP, Microsoft's Home of the Future, and Microsoft XBOX.

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.

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