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Complete Q2 results and other financial filings on Empire Film Group, Inc. and its affiliates can be viewed on the Pink Sheets website link, http://www.pinksheets.com/pink/quote/quote.jsp?symbol=efgu Empire is currently working with an outside accountant, attorney and auditing firm to complete regulatory filings required for full reporting compliance with the Securities & Exchange Commission in order to facilitate the goal of moving onto the OTC-Bulletin Board exchange.
"As we ramp-up both the quantity and quality of our release slate, we'll continue to see an increase in sales and profits for Empire," said Dean Hamilton-Bornstein, C.E.O. "Our distribution division overhead is relatively fixed, so additional revenues can dramatically improve our bottom line results. With four additional theatrical titles slated for the remainder of 2009, and 12 new release DVD and Blu-Ray titles for Q1 in 2010, we will begin to see substantial results for the company," he concluded.
Empire also announced the commencement of principal photography on a new instructional DVD series entitled "Championship Soccer." The programs are geared toward youth and beginning soccer players, with on-camera instruction from pro-player-turned-coach, Kendall Spencer. Paul Graham is executive producer of the series, with Jon McCallum handling the producing and directing chores. Empire will release the programs individually over the next year and ultimately as part of a three-title set.
"Soccer is America's fastest growing sport, and is already number one throughout the world," said Eric Parkinson, CEO of Distribution for Empire. "These videos are targeted to youth soccer athletes, and will teach the basic skills to provide a competitive edge. Kendall Spencer is a terrific coach and instructor, with solid credentials and great camera presence. We think that there's a big market for this series and that the programs will be well received by many of our key retail outlets."
Empire Film Group, Inc. is a fully-integrated film and television production and distribution company, with in-house distribution capabilities to reach theatrical, video, television, video-on-demand and international markets. The company owns and operates Hannover House, a book publisher and DVD distributor, and is currently listed on the Pink Sheets exchange under the trading symbol EFGU.PK.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Empire Film Group, Inc.
CONTACT: Empire Film Group, Inc. Jim Townsend 310-317-4456 JTownsend@EmpireFilmGroup.com
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