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International Entertainment News

Thursday, May 24, 2007

Red Rock Pictures Engages Investment Advisory Firm

Red Rock Pictures Engages Investment Advisory Firm

Company to Aggressively Explore Acquisition Opportunities

LOS ANGELES, CA, May 24 /PRNewswire-FirstCall/ -- Red Rock Pictures Holdings, Inc., (OTCBB: RRPH.OB), today announced that the Company has retained investment banking firm, The Shemano Group, to furnish investment advisory services and to assist with its acquisition strategy, including strategic alliances or acquisitions with other industry partners.

"We believe that an acquisition program is an important part of the growth of Red Rock," stated Robert Levy, Red Rock Pictures Chief Executive Officer. "We have been looking at opportunities throughout the entertainment industry, and we feel that The Shemano Group will prove to be a valuable partner with our strategy."

"We look forward to working with Mr. Levy and his team and have already identified several opportunities for Red Rock," stated Howard Davis, President of The Shemano Group.

About Red Rock Pictures Holding Inc:

Red Rock Pictures (www.redrockpics.com) finances and co-produces feature films and entertainment for all media. Dedicated to truly partnering with the creative community - from up-and-coming writers, directors and producers to experienced hands in film, television and digital media - Red Rock Pictures is built on its commitment to creative entertainment, finance and innovation. Red Rock Pictures management team has been involved in over 50 feature length films, with an outstanding proven track record that generated over a billion dollars in the U.S. domestic box office market, and over 2 billion dollars in total revenue.

Cautionary Statement Pursuant to Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995:

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this news release.

For further information contact:
Redrock Picture Holdings The Shemano Group
Maxwell Network Group Inc. Howard Davis
Sheldon Gold/Mira Anidjar (310) 777-2600
Investment Relations hdavis@shemano.com
1-800-596-5503

www.maxwellnetwork.com

Source: Red Rock Pictures Holdings, Inc.

CONTACT: Redrock Picture Holdings, Maxwell Network Group Inc., Sheldon
Gold, Mira Anidjar, Investment Relations, 1-800-596-5503,
www.maxwellnetwork.com; The Shemano Group, Howard Davis, (310) 777-2600,
hdavis@shemano.com


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