SOURCE: ReelTime Rentals, Inc.

March 08, 2007 08:15 ET

Update: ReelTime Partners With Lionsgate for Streaming Video On Demand

SEATTLE, WA -- (MARKET WIRE) -- March 8, 2007 -- ReelTime.com (PINKSHEETS: RLTR) announced today that movies from Lionsgate (NYSE: LGF) will be available for rental by streaming download on the ReelTime.com Web site.

ReelTime customers will be able to view blockbuster and critically acclaimed Lionsgate films like "SAW III," "EMPLOYEE OF THE MONTH," "CRANK," "THE BLAIR WITCH PROJECT," "DR. T AND THE WOMEN," "REQUIEM FOR A DREAM" and more than 200 other titles. ReelTime's Web site offers a point, click and watch experience. The end user is able to access full screen DVD-quality video, with no buffering or distortion.

"ReelTime's Intelligent Rapid Delivery System (IRDS) is the first distributed (peer to peer) network that we have approved for streaming delivery," said Jon Ferro, EVP TV Distribution, Lionsgate. "We feel that ReelTime provides consumers a significant alternative in the way they experience Lionsgate's movies delivered over the Internet."

"This marks a true turning point for our company. We now have available premier properties that can draw a much larger audience to our site," said Barry Henthorn, CEO. "Lionsgate's movies are very popular with young male viewers, which is a demographic that we highly covet." Henthorn went on: "In other matters, ReelTime has had several inquiries regarding a restricted share placement for investors. ReelTime does not have any plans for new funding at the current market prices, nor has any funding taken place, nor shares been issued for any purpose other than what has already been disclosed in the company's filings and press releases."

About Lionsgate:

Lionsgate is the leading independent film entertainment studio, winning the 2006 Best Picture Academy Award® for "CRASH," and the Company is a premier producer and distributor of motion pictures, television programming, home entertainment, family entertainment and video-on-demand content. Its prestigious and prolific library of more than 10,000 titles is a valuable source of recurring revenue and a foundation for the growth of the Company's core businesses. The Lionsgate brand is synonymous with original, daring, quality entertainment in markets around the globe.

About ReelTime.com

ReelTime.com's mission is to deliver diverse programming, for rental or by subscription, over its online broadband network, enabling viewers to watch whatever they choose, anytime and anywhere they want to see it -- all they need is a broadband connection. ReelTime offers the first DVD-quality "Point, Click, and Watch" user experience available on the World Wide Web. ReelTime is providing the public the next generation of online viewing technology, designed with the built-in capacity for unlimited growth. For more information, go to www.reeltime.com

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