Hannover House Pacts with Origin Cinema Group for a Multimillion Dollar Production Slate
04 Maggio 2012 - 4:15PM
Hannover House, Inc., (Pinsheets: HHSE) has entered into a
distribution agreement for the exclusive North American rights to a
six picture slate from newly formed Origin Cinema Group. In a
joint announcement today, the two companies discussed the formation
of Origin and the nature of the distribution relationship with
Hannover House.
The initial feature productions from Origin Cinema Group will be
produced (and in some cases, directed) by rising indie film
director Brian T. Jaynes, whose current feature thriller, "Humans
Vs. Zombies" has set pre-order sales records for Hannover
House.
STATEMENT FROM ORIGIN CINEMA GROUP:
ORIGIN Cinema Group principals Jason Henderson and Ben Broyles have
secured the services of indie filmmaker Brian T. Jaynes to head
their new Signature Series line of Sci-Fi Action Thrillers to be
distributed exclusively through Hannover House.
"Hannover has demonstrated the ability to put my films into the
hands of the true fans of Sci Fi action thrillers," said Jaynes. "
I am excited that I will be able to continue producing quality
entertainment through Origin Cinema Group and Hannover House for
years to come. It's thrilling to have the combination of my
ORIGIN team and Hannover House supporting these new projects. We
are all excited for what the next 24 months will bring."
STATEMENT FROM HANNOVER HOUSE:
"Needless to say, we are thrilled with this development and its
impact on our release schedule at Hannover House," said D.
Frederick Shefte, President of Hannover. "Brian Jaynes has a
proven instinct for selecting commercial film concepts, and we've
seen a steadily rising sales trend with each of his new
releases. To be working with Brian and his Origin Cinema
Group partners on a multimillion dollar slate of new productions
will create a certainty and stability to our schedule for the next
two to three years."
The initial production slate and distribution agreement covers six
original feature productions from Origin Cinema Group, to be
delivered to Hannover House over the next twenty-four to thirty-six
months. Although specific titles, budgets and release dates
are still unannounced, the companies confirmed that theatrical
production values are expected for each film and that Hannover
House will have the option to release the films to theatres if
consumer testing suggests a demand.
"The fan base for Brian Jaynes films is growing very rapidly," said
Eric Parkinson, CEO of Hannover House. "We're pleased to
announce, that because of this distribution pact, retailers and
fans can be assured of seeing one or two new films from Brian for
each of the next few years, exclusively from Hannover House."
Previous Hannover House DVD and Blu-Ray releases of Brian T. Jaynes
direted genre' films include "Boggy Creek: The Legend is True" and
this month's upcoming "Humans Vs. Zombies." Hannover House
has also contracted for two more Jaynes films, including "Patient
Zero" and "Hostage," the latter of which is being produced by
Jaynes, and directed by Mike Yurinko. "Humans Vs. Zombies"
has set a pre-order sales record for Hannover House, Inc., with
retail placements at most of the USA's top retailers and video
specialty outlets, including (alphabetically): Blockbuster
Video Corp., Family Video, Hastings, Netflix, Redbox, WalMart
Stores, Inc., and thousands of independent video specialty stores,
and dozens of major internet sites. The home video release of
"Humans Vs. Zombies" is also being promoted with national cable
television ads on Chiller Network, and a high-profile internet
promotion being conducted by Dread Central.
Hannover House, Inc., formerly known as Target Development Group,
Inc., is a full-service entertainment distributor, with release
activities covering books (and book-publishing media), theatrical
films, home video, video-on-demand, television and international
rights licensing. The company was formed in 1993 as Truman
Press, Inc., and rebranded as "Hannover House, Inc." earlier this
year to better conform to the company's well-established consumer
releasing brand, Hannover House. The company has released
more than 170 products over the past 19 years, and has sold
millions of videos and DVDs since added films and videos to its
book publishing slate in 2002. The principal offices for
Hannover House are in Springdale, Arkansas, reflecting the
company's sales relationship with nearby WalMart Stores, Inc., the
world's leading purchaser of DVDs and Blu-Ray products for all
major studios. For more information on Hannover House,
including financials and fully compliant reports, go to:
www.OTCMarkets.com, and look up the company's stock trading
symbol: HHSE.
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking
statements within the meaning of Sections 27A & 21E of the
amended Securities and Exchange Acts of 1933-34, which are intended
to be covered by the safe harbors created thereby. Although the
company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, there
can be no assurance that these statements included in this press
release will prove accurate.
Start tracking hidden clues to find the location of the treasure
in Hannover House's upcoming 2013 home video release of "The Great
American Treasure Hunt." The source, of course, is not a horse, so
do not fail to use the force.
CONTACT: Leigha Schilling, Hannover House, 479-751-4500 / Leigha@HannoverHouse.com
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