Published: March 30, 2007
"Horrorween" Goes 3-D With Stereo Vision and "Baywatch" co-creator Doug Schwartz
LOS ANGELES - March 30, 2007 - STEREO VISION ENTERTAINMENT INC. (OTCBB:SVSN) announced today that they have joined forces with Adirondack International Pictures, Inc. (AIP) to produce "Horrorween 3-D". "Horrorween" (horrorween.com) has a fully funded production budget of $10,000,000.00 (source: www.imdb.com) . Approximately $1,000,000.00 has been spent to date on pre-production.
The deal calls for StereoVision to provide it's 3-D film production team, and be the lead theatrical 3-D distributor. StereoVision's principal partner "Baywatch" co-creator Doug Schwartz, has been appointed Executive Producer. StereoVision is to receive 50% of the net earnings of "Horrorween 3-D"
StereoVision's Chief Executive Officer Jack Honour, stated: "We're thrilled to join Ed Meyer and his "Horrorween" crew including "Horrorween's" Director, Industry veteran Joe Estevez, and "Horrorween's" star, Chuck Lamb, the famous "Dead Body Guy", (DeadBodyGuy.com) for the metamorphosis of AIP's unique and innovative feature film "Horrorween", into the soon to be cult classic "Horrorween 3-D". With 3-D feature films being all the "Buzz" and getting recognition at the Industry's highest levels, the timing of "Horrorween 3-D" couldn't be better for the StereoVision shareholders."
About StereoVision:
Located in Van Nuys, California, StereoVision Entertainment is a publicly traded, vertically integrated media company, with interests in film, television, and music production properties. StereoVision's business is driven by the production and acquisition of cutting-edge entertainment media assets.
About Adirondack International Pictures, Inc.:
Located in Indian Lake, New York, Adirondack International Pictures, Inc., has been in the business of joint venture negative pickup deals for the financing and production of motion pictures. Current productions include: feature films: "Horrorween," and "Jack Texas".
1995 Private Securities Act: Statements contained herein that are not historical are forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance, and other risks detailed in StereoVision's filings with the SEC.
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