Cannes, France (PRWEB) May 31, 2005
Soleil Film, Inc. (Pink Sheets:SFLM) announced today that its second screening at Cannes May 20 was a standing room only success, which has led to several acquisition offers by distributors in the United States and the UK. ÂWe had so many film buyers attend, that people were standing in the theater and some were even turned away at the door,Â said James Hergott, Director/Producer. ÂTo top it off, when the film concluded, the film buyers let out a huge applause for the film. This is really unheard of from film buyers, because most buyers will only watch the first five minutes of a movie and then leave,Â he added. Buyers attending the screening came from the United States, the UK, Canada and Germany. Initial offers from distributors within Germany and the United Kingdom worth an estimated $350,000 to $700,000, as well as an initial offer for the North American market, in the form of a pay-per-view deal, worth an estimated $1 million are now being considered. Previous total estimates for the film's worldwide gross box office receipts range between $6 and $10 million. Buyers who expressed interest but could not attend, are interested in a private screening, such as Barnholtz , in association with an output agreement for LionÂs Gate. Ashley Luke, Inernational Acquisitions Representative for Fortissimo Films, the international distributor of ÂSuper Size Me,Â commented that the film was Âawesome,Â Âmainstream,Â and Âcommercial,Â and recommended several sales agents in the U.K. Cast members of the film attended red carpet screenings and interviewed with the press, including E! Entertainment.
About Soleil Film, Inc.
Soleil Film, Inc. (http://www.soleilfilm.com) is a diversified entertainment production company, primarily focused on driving shareholder value by investing in and producing highly original, television series and full-length feature films. Along with its equity interest in the widely anticipated, soon-to-be-release feature "All That I Need", the Company has amassed an impressive media library including the award winning "Autograph" television series ( http://www.autograph.tv ), "Fallacy," a feature film starring John Savage and Stephen Baldwin, and "Say it In Russian," written by award winning director, Jeff Celentano ("Gunshy") in collaboration with Hollywood screenwriter, Larry Gross ("48 Hours"), edited by David Rawlins ("Urban Cowboy"), and cast by Casting Director, Rosemary Welden ("The Kiss").
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Soleil Film, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Soleil Film, Inc.
Jason Cooper, Investor Relations
Kenneth Eade, CEO
011 334 93 78 46 51 (in Cannes)
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