Symposium Productions Corp.

Symposium Productions Corp.

November 11, 2008 11:53 ET

Symposium Productions Acquires Halo HD Ltd.

NEW YORK, NEW YORK--(Marketwire - Nov. 11, 2008) - Symposium Productions Corp. (PINK SHEETS:SYPJ) today announced that it has entered into an acquisition agreement to purchase Halo HD Ltd.

"Online communications has fundamentally and permanently changed how consumers are informed, connect and form opinion. Symposium is our ideal partner with whom to merge our operations, their cutting edge technical communications ability combined with our leading-edge interactive media offering and creative approach will provide our clients with unmatched strategic and tactical firepower. " said Anthony Pavek, President of HaloHD Ltd.

The decision to acquire HaloHD Ltd. is a response to the escalating client demand for a seamless, integrated and innovative digital approach to complement overall communications strategies. The companies plan to work together on numerous projects and share a working culture that values creativity and tangible business results.

Symposium also announces that the transaction between iParty TV and Symposium has been terminated. After careful analysis of the recommendation model, it was determined that this acquisition was not in the best interest of the company and it's shareholders. The parties agreed to work together to ensure a smooth transition back to iParty's orginal shareholders, and further cooperation on joint projects may still occur in the future.

About Halo HD

Halo HD Ltd. is a full-service interactive agency and is comprised of a team of award winning producers.

About Symposium Productions

SYMPOSIUM is a vertically integrated Entertainment Media and Communications Company.

A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements."

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