Hannover House 20th Anniversary Marks Home Video Sales Milestone
September 27 2013 - 8:55AM
OTC Markets
Entertainment distributor
Hannover House, Inc. (OTC: HHSE), will celebrate two milestone
events today, as the company?s 20th anniversary corresponds to the
cumulative unit sales achievement of ten-million (10,000,000) home
video units. Formed in
September, 1993, Hannover House began as a book publisher, but
added home video products ten years ago and now owns or controls
the distribution rights to more than 180 feature films and video
programs. A historic
video sales review - completed last week in compliance with ongoing
audit requirements - revealed that the company?s September shipment
of ?Zombie Warz? to Walmart pushed the cumulative sales for home
video units to 10,004,150 (inclusive of DVD and Blu-Ray units,
and until 2005, VHS videos).
?We are very pleased to have
reached two milestones today that few independent studios ever
achieve,? said Eric Parkinson, C.E.O. of Hannover
House. ?The completion
of twenty years of continuous operation is both rare and
notable. But the
consistent sales performance over these years, and the company?s
ability to adapt to both changing market and media conditions is
more meaningful to me.
Our strength has been in identifying and predicting commercial
concepts and trends, and providing programming that addresses these
needs. As consumer
tastes have changed, so have our titles, and as the market
continues to mature, Hannover will adapt our programming to
maximize success.?
Top selling video releases for
Hannover House cover more than forty independent suppliers and
releasing labels, and include (alphabetically): American Bullfighter, American
Fighter Pilot, Animal Clinic, Antonio Aguilar Colecion, Black Male,
Boggy Creek, Classic Comedy Collection, Classic TV Comedies, Come
Away Home, Dawn of the Living Dead, Deceptz, Delivering Milo, Devil
in the Flesh, Fathers of the Sport, Fun Park, Future Shock, Grand
Champion, Great Souls, Humans Vs. Zombies, Gotta Go, Magic Voyage,
Martial Arts Action Pack, Mind Your Manners, My Brother The Pig,
Oxygen, Outlaws: The Legend of O.B. Taggart, Patient Zero, Pink
Skies, Samurai Action Pack, Savage Land, Siegfried & Roy: The
Magic Box, SWAT: The Real Story, Teen Yoga, Televisa Spanish
Classics, Toys in the Attic, Turtle: The Incredible Journey,
Twelve, War Eagle Arkansas, Wrangler and Zombie Warz: Falls the
Shadow.
Upcoming home video releases
for Hannover House include these items currently in
solicitation:
Amityville Asylum; Blues for Willadean; The Coffin; Frankenstein 2014;
Ingloda: The Possession Within; Sunshine and To.Get.Her: The
Spring Break Murders.
Three international titles are slated for limited theatrical
release in Q4 prior to a Q2 home video launch: The Weather Station (Russia),
Asalto Al Cine (Mexico) and Borrar de la Memoria
(Mexico).
In addition to the company?s
achievements with home video, Hannover House remains active in book
publishing, and is expanding efforts to grow its Video-On-Demand
business.
?We wish to thank the
wholesalers and retailers that have supported Hannover House
products over the years,? Parkinson continued. ?We also wish to thank our key
suppliers, or program producers and our public company shareholders
for helping us build the company into what is now one of the
longest, continuously operating independent distribution labels in
America.?
HANNOVER HOUSE
was formed in 1993 as a U.S. Book Publisher, adding DVD products in
2002, music CDs in 2004 and theatrical releasing activities in
2008. The company sells to most major retailers and wholesalers of
entertainment products in North America, with Wal-Mart, Best Buy,
Netflix, Redbox and Barnes & Noble collectively representing
over 80% of annual consumer product revenues. Hannover has been
expanding its activities in the emerging media of Video-On-Demand,
both with direct licensing arrangements to the major portal
outlets, as well as through a newly launched portal venture with
Nanotech Entertainment, called ?VODwiz? (as both an IPTV channel as
well as an internet V.O.D. site). The principal offices for
Hannover House are located in Northwest Arkansas, conveniently near
the world headquarters for Wal-Mart Stores, Inc., and major
distribution centers. For more information on Hannover House, view
the filings at: www.OTCMarkets.com under trading symbol
HHSE.
SAFE HARBOR
STATEMENT
This press release may contain certain forward-looking statements
within the meaning of Sections 27A & 21E of the amended
Securities and Exchange Acts of 1933-34, which are intended to be
covered by the safe harbors created thereby. Although the company
believes that the assumptions underlying the forward-looking
statements contained herein are reasonable, there can be no
assurance that these statements included in this press release will
prove accurate.
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