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
Source: Hannover House / Target Development Group, Inc. News Provided by Acquire Media Corporation
