ORLANDO, Fla., April 22, 2005 (PRIMEZONE) -- Vision Works Media Group, Inc. (Pink Sheets:VWMG) announced today they have signed a letter of intent to acquire New Screen Films, Inc.
New Screen Films, Inc. is a library of independent films. The films range from, but are not limited to, feature length movies, shorts, comedies, documentaries and animations.
Mark Astrom, President of Vision Works Media Group, Inc said, "In most cases these films have never been seen outside of film festivals or gallery exhibition. As part of the Vision Works Media Group, Inc. these films will reach large audiences. This relationship is a truly a symbiotic relationship and we are very glad to make it all possible."
Vision Works Media Group, Inc. has its office and film and production studio in Orlando, Florida. The address is 57 West Pine St., Orlando, Florida, 32801. The office is 4,100 sq. ft. and will serve the company as corporate offices. The location is one block from Church Street Station, a downtown Orlando tourist attraction, and picturesque site for filming.
The mission of Vision Works Media Group, Inc. is to expose the works of independent filmmakers and artists to the greatest number of viewers by taking New Screen TV to additional pay-TV distributors, cable.
Forward-Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue