SOURCE: Peace Arch Entertainment Group Inc.

June 12, 2006 06:30 ET

Web Alert: Peace Arch to Update Investors in Interview Today on Strategic Deployment of CDN $9 Million Funding Proceeds

Company President to Address Investor Questions on Acceleration of Film and TV Production and Distribution Operations

TORONTO -- (MARKET WIRE) -- June 12, 2006 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE-LV), one of North America's fastest growing independent film and television companies, will present its strategic plans for the allocation of a recently executed CDN $9 million private placement financing in an audio interview to be released today. Company President John Flock will outline deployment of the financing proceeds to continue the expansion of its film and television production and worldwide distribution operations, and will answer questions from investors.

WHAT:

   Over-The-Internet Audio Interview Featuring Peace Arch Entertainment
   President John Flock to outline deployment of the financing proceeds
   and will answer previously submitted questions from investors.
WHEN:
   Monday, June 12, 2006, at 12 p.m. Eastern.
WHERE:
   Please register online at the following Web link
   http://www.trilogy-capital.com/tcp/peace-arch/interview.html
   in advance of the interview. Then, simply log on to hear the
   streaming audio news interview. Refresh your browser if audio fails to
   initiate or any viewing difficulties occur.
COST:
   The presentation is completely free of charge and open to all
   interested investors.
ARCHIVE:
   If you are unable to hear the initial audio in real time, the news
   conference will be archived for replay at
   http://www.trilogy-capital.com/tcp/peace-arch/interview.html
Peace Arch recently announced the CDN $9 million private placement. The proceeds will be used for a number of key initiatives, including the funding of working capital requirements, as well as such milestone events as the acquisition of leading Canadian home video and entertainment company kaBOOM! Entertainment Inc. The acquisition of kaBOOM! was one of several significant strategic accomplishments to continue to develop and expand Peace Arch's high-growth revenue model and global entertainment operations.

About Peace Arch Entertainment Group Inc.

Peace Arch Entertainment produces and acquires feature film and television programs for distribution to worldwide markets. Its Peace Arch Films division markets and licenses theatrical films oriented towards the major international film festivals such as Cannes, Venice and Toronto. The Company's Archetype Film label focuses on projects in the horror, thriller and action genres. Peace Arch Television specializes in the licensing of the Company's own productions and third party projects to Canadian and international broadcasters, cable and satellite companies. Peace Arch Home Entertainment, under the KaBOOM! Entertainment Inc. banner, is one of the leading distributors of DVDs and related products in Canada. For investor-specific information about Peace Arch Entertainment, including recent news and stock price data, please visit http://www.trilogy-capital.com/tcp/peace-arch/quote.html. For additional information, visit http://www.peacearch.com.

Forward-Looking Statements

This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • Contact:
    Peace Arch Entertainment Group Inc.
    Nicole Spracklin
    416-487-0377 (ext. 237)
    Email Contact
    or
    Trilogy Capital Partners
    Paul Karon
    Toll-free: 800-592-6067
    Email Contact