“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, our 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.
