Hannover House Submits 2012 Release Slate and Fore

Hannover House Submits 2012 Release Slate and Forecasts for Corporate
Finance Opportunities

Company forecasts growth of over 100% for current year, over 2011
results.



Los Angeles, CA, May 30, 2012 (GlobeNewswire via COMTEX) -- Sales
revenues during calendar year 2012 for independent studio Hannover
House (otc markets:HHSE) will reflect the company's ongoing commitment
to the home video market, as well as new activities in presales and
licensing to international buyers, said Eric Parkinson, C.E.O. For
2012, the company has set a revenue goal of 11.7-million, with a
projected pre-tax operating margin of about 2.1-million. Titles
contributing the most towards revenues include the August theatrical
release of "Toys in the Attic," (starring Academy Award winner Forest
Whitaker) and international presales for the fall 2012 production of
"Mother Goose" (starring Academy Award winner Shirley MacLaine).

The revenue projections were released today in compliance with public
company guidelines requiring access to information that might
otherwise be considered preferential and non-public. Parkinson is
meeting with corporate financing parties in Los Angeles this week, and
will be discussing the Hannover House release slate and forecasts.

International pre-sales for "Mother Goose" and three other titles
represented worldwide by Hannover House are projected to be the
largest revenue contributors for the company during 2012. Foreign
presales and licenses are expected to generate about 43% of total
revenues, even after dividing the realization of revenues equally
between contract date and delivery. Home Video sales are expected to
generate about 36% of total 2012 revenues, and theatrical sales are
forecasted at about 18% for the year. Television licenses and book
sales are expected to generate together less than 3% of total
revenues. Not included in these forecasts are sales for merchandising
items supporting the release of "Toys in the Attic," and sales for the
upcoming launch of the VODwiz.com internet streaming portal. Both
items have been excluded from forecasts due to the lack of sales
history at Hannover House. Home video sales for "Toys in the Attic"
are expected to be recognized in January, 2013, rather than during
calendar year 2012, based on the January street date, and not the date
of manufacture and shipment (which is projected for mid-December) .

Revenues for 2013 are expected to grow significantly over 2012, based
on modest projections for "Mother Goose," and conservative forecasts
for 20 additional titles, including film output agreements with Origin
Film Partners and Allegheny Image Factory.

Hannover House has been operating since 1993, and has posted nine
consecutive quarters of profitability since becoming publicly traded
on the OTC Markets. The company's primary offices are in N.W.
Arkansas, but will expand this summer to include an ofice presence in
Los Angeles to facilitate relationships with the production community,
and corporate financing sources.

http://www.marketwatch.com/story/hannover-hou...2012-05-30