SOURCE: Peace Arch Entertainment Group Inc.

April 18, 2007 08:00 ET

WebAlert: Peace Arch Entertainment Conference Call Starts at 12 Noon Eastern

Company to Review Recently Reported Q2 2007 Showing Record Revenues Reaching $20.3 Million

TORONTO -- (MARKET WIRE) -- April 18, 2007 -- Peace Arch Entertainment Group Inc. (AMEX: PAE) (TSX: PAE), an innovative film and television entertainment company, will host a live investor conference call with a simultaneous Webcast, today at 12 noon Eastern, to update investors on recently reported revenues for fiscal Q2 2007 and to discuss the Company's' top business initiatives.

During the conference call, John Flock, President of Peace Arch Entertainment, will discuss the Company's recently reported Q2 2007 revenues topping $20 million, a significant 405% increase over the comparable period the previous year. The Company also reported net earnings of $2.2 million, or $0.06 per diluted share in the second quarter, compared to a net loss of $(0.7) million, or $(0.04) per diluted share for the same period last year.

The Company delivered 16 episodes of television programming during the quarter, including five episodes of the dramatic new series "The Tudors," which premiered to record audiences in the U.S. on Showtime Networks, 11 episodes of three lifestyle series and five movies.

WHO:     Peace Arch Entertainment

WHAT:    Investor Conference Call

WHEN:    Today, April 18, 2007, at 12 noon Eastern

HOW:     Callers within the United States may dial (888) 276-0010.
         When prompted, tell the operator that you would like to
         connect to the Peace Arch Entertainment conference call.
         International callers can dial (612) 332-0634.

COST:    The conference call is free of charge.

WEBCAST: An online audio simulcast of the call will also be
         accessible at http://www.trilogy-capital.com/tcp/peace-arch/
About Peace Arch Entertainment Group Inc.

Peace Arch Entertainment produces and acquires feature films, television and home entertainment content for distribution to worldwide markets. Peace Arch owns one of the largest libraries of top quality independent feature films in the world, featuring more than 500 classic and contemporary titles. Through its subsidiary, Peace Arch Home Entertainment, Peace Arch is also one of the leading distributors of DVDs and related products in Canada. For additional information, please visit www.peacearch.com

For more investor-oriented information about Peace Arch Entertainment, visit http://www.trilogy-capital.com/tcp/peace-arch/. For current stock price quotes and news, visit http://www.trilogy-capital.com/tcp/peace-arch/quote.html. To view an Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/peace-arch/factsheet.html. To read a transcript of a recent Peace Arch investor conference call or listen to an archived recording, please visit http://www.trilogy-capital.com/tcp/peace-arch/conference.html.

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:

    Roy Bodner
    Vice President Public Relations
    Peace Arch Entertainment
    (310) 776-7208
    Email Contact

    or

    Financial Communications
    Trilogy Capital Partners
    Ryon Harms
    (800) 592-6067
    Email Contact