TORONTO, Dec. 14 /PRNewswire-FirstCall/ -- Constantine Papadopoulos, CEO and Tony Gouveia, CFO of Cinemax Pictures and Production Co., Intl., Inc. (OTC Pink Sheets: CPPC) announced today its plans to change the current reporting status of CPPC. According to Gouveia: "Our Securities Counsel is currently styling a Form 10SB Registration Statement, which is required to be filed with and approved by the Securities and Exchange Commission ("SEC") in order for a company to become Reporting under the 1934 Exchange Act. We contemplate that Cinemax Pictures will become a fully reporting SEC company early in the year 2008." ABOUT CINEMAX PICTURES Cinemax Pictures and Production Co., Intl., Inc. is a television and film production company that currently owns a variety of TV and Film projects in various stages of development or pre-production. It is also expanding its business operations via acquisition of production entities, film libraries and through its internal media productions and is looking to expand into the new media formats. For further information, please visit our website at http://www.cinemaxpictures.com/ FORWARD LOOKING STATEMENTS This press release contains statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Act of 1995. Certain statements in this press release may contain words such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "projects," "targets" and other similar language that are considered forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties and persons reading this press release are cautioned that such statements are only predictions, and that the Company's actual future results or performance may be materially different. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events, or otherwise. CONTACT: DATASOURCE: Cinemax Pictures and Production Co. Intl., Inc. CONTACT: Constantine Papadopoulos, CEO, Cinemax Pictures and Production Co., Intl., Inc., +1-905-783-8883; or Web site: http://www.cinemaxpictures.com/

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