Olympusat Acquires Mexican Blockbuster Movie Hits from 24 Frames

Olympusat Acquires Mexican Blockbuster Movie Hits from 24 Frames

WEST PALM BEACH, Fla., July 23, 2014 /PRNewswire/ -- Olympusat, Inc., the leading owner and distributor of independent Spanish-language TV networks, including 35+ HD networks, announces its film acquisitions agreement with 24 Frames, an independent distribution and production film company catering to the North American market.

In an effort to deliver comprehensive and quality Latino entertainment to its consumers, Olympusat has acquired five Mexican blockbuster movie hits, which include the romantic comedy "Regresa" starring Jaime Camil, the crime drama "Sultanes del Sur" starring Ana de la Reguera and Jordi Molla, and the comedy hit "Pretendiendo" (Ugly Me) starring Barbara Mori.

The deal was negotiated by Arturo Chavez, SVP of Hispanic Networks for Olympusat, and Ludo Cremers, President of 24 Frames. "We are delighted with our license deal with Olympusat to bring these blockbuster and award-winning films, in their original Spanish language, to the Hispanic American audience," said Cremers.

The new content will air on the following Olympusat HD networks: Ultra Cine - an HD network that focuses on award-winning and original films from Mexico, Spain, and Latin America; Ultra Film - The first HD movie network offering the best in modern films from around the world, dubbed or originally produced in Spanish; and Ultra Mex - the only HD movie channel in the U.S. carrying modern Mexican films featuring the most prominent actors and directors from Mexico.

"With this acquisition, we honor our commitment of providing quality entertainment to our networks," stated Chavez.

About Olympusat:

Olympusat, Inc. is one of the largest independent media companies specializing in ownership, distribution, production and technical services. The company has established itself as a leader in the Hispanic television and media space through its 62 Spanish language television networks, 35 of which are HD. Olympusat's top networks include Cine Mexicano, FUNimation Channel and the newly introduced Ultra HD Plex. Through Olympusat's diverse portfolio, the company also delivers a distinctive Faith & Family and Specialty Suite representing some of the biggest networks in the industry.

As a part of Olympusat's industry-leading efforts, the company has also launched two new strategic business units - Olympusat Telecom and Olympusat Entertainment. Olympusat Telecom has embarked on providing the complete communications and business solutions through its IPTV, Video Streaming and CDN offering. Olympusat Entertainment encompasses all aspects of film and TV production including feature length and short films, music videos, industrial/corporate videos, and commercials, both local and national.

For more information on Olympusat's brands and services, visit us at www.olympusat.com.

About 24 Frames

24 frames®, LLC is an independent distribution and production Company bringing compelling, international films to the North American Market. The main focus is on clearly defined niche audiences with very well established social infrastructures such as Horror fans and Latinos living in the US. This approach allows for a very cost-effective distribution as well as public relations and marketing campaigns. Its President Ludo Cremers, former SVP of International Marketing for Buena Vista Home Entertainment, founded 24 frames.

CONTACT: Vanessa Martinez, vanessa@olympusat.com

SOURCE Olympusat, Inc.

Olympusat, Inc.

Web Site: http://www.olympusat.com


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