Archer Entertainment Exclusive Mandate From China to Digitize Cinemas Announced at Singapore Infocomm IMBX2006
Archer Entertainment Exclusive Mandate From China to Digitize Cinemas Announced at Singapore Infocomm IMBX2006
LOS ANGELES and BEIJING, June 22 /PRNewswire-FirstCall/ -- Archer Entertainment Media Communications Incorporated revealed today that China Film Group, China's official film production and exhibition entity, announced its exclusive, 30-year arrangement with Archer at the Infocomm Media Business Exchange event currently taking place in Singapore. Archer's mandate includes selecting vendors to digitize as many as 100,000 film theatre screens throughout China.
Also included in Archer's contract, is the right to re-develop, or develop new theatre sites and their surrounding real estate; the right to control all aspects of production, distribution and exhibition as well as control distribution and exhibition of select non-Archer venues; the right to operate commercial advertisements at the beginning and intermission of a digitized motion picture; to operate and broadcast value-added programs, such as live performances, concerts, and sport events through the digital cinema venue, and to set ticket prices for all exhibited content within the digital cinemas.
To assist in its Asian presence Archer has retained the Services of Prestige Asia as local IR/PR in Asia, www.prestigeasia.com . Prestige Asia is owned 100% by Asian Asset LLC the major shareholder of Buzz Technologies Inc .
About Archer
Archer Entertainment Media Communications Incorporated is the parent company of a distinctive portfolio of online and offline assets engaged in the production, aggregation, delivery, distribution, exhibition and security of digital content and the development of real property related to the conversion or construction of digital cinemas. Through multiple platforms that include live IP video streaming, Internet Protocol Television (IPTV), Pay-per-View (PPV), Video-on-Demand (VOD) and digital cinema, Archer affords its subscribers and customers diverse and desired content through its digital network while safeguarding intellectual property rights through digital watermarking and DRM features, providing a unique and compelling value proposition to distributors, broadcasters, content aggregators and advertisers around the world.
The foregoing press release contains forward-looking statements based on the Company's beliefs as well as assumptions made by and information currently available to the Company, including statements regarding the timing of the introduction of certain products. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties which are identified and described in the Company's registration statements and periodic reports on file with the SEC, some of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, issues related to the travel and transportation industries, and prevailing economic conditions in general. In light of these risks and uncertainties, or should underlying assumptions prove incorrect, there can be no assurance that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate.
Contact:
info@archeremc.com
Tel: 213.633.6939
Prestige Asia
Phone: +662-343-1631
Fax: +662-343-1818
Email: info@prestigeasia.com
Source: Archer Entertainment Media Communications Incorporated
CONTACT: Archer Entertainment Media Communications Incorporated,
+1-213-633-6939, info@archeremc.com; or Prestige Asia, +662-343-1631, or fax,
+662-343-1818, info@prestigeasia.com, for Archer Entertainment Media
Communications Incorporated
Web site: http://www.prestigeasia.com/
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