Archer Entertainment Exclusive Mandate From China to Digitize Cinemas Announced at Singapore Infocomm IMBX2006
June 22 2006 - 11:03AM
PR Newswire (US)
LOS ANGELES and BEIJING, June 22 /PRNewswire-FirstCall/ -- Archer
Entertainment Media Communications Incorporated (OTC:ACRM) 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, http://www.prestigeasia.com/ . Prestige Asia
is owned 100% by Asian Asset LLC the major shareholder of Buzz
Technologies Inc (OTC:BZTG). 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: Tel: 213.633.6939 Prestige Asia Phone: +662-343-1631 Fax:
+662-343-1818 Email: DATASOURCE: Archer Entertainment Media
Communications Incorporated CONTACT: Archer Entertainment Media
Communications Incorporated, +1-213-633-6939, ; or Prestige Asia,
+662-343-1631, or fax, +662-343-1818, , for Archer Entertainment
Media Communications Incorporated Web site:
http://www.prestigeasia.com/
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