SEATTLE, April 19, 2006 (PRIMEZONE) -- ReelTime Rentals, Inc., (Pink Sheets:RLTR) today announced that the Company has acquired the distribution rights to a library of award winning Australian films, from That's A Wrap, Pty Ltd. (TAW). The films, known as "Oz Short Films -- The Series," have been shot entirely in Australia, made exclusively by Australian filmmakers and producers. Altogether they have won a combined 69 International Awards. They feature such actors as Hugo Weaving, known for his role as Agent Smith in the Matrix trilogy and most recently, V for Vendetta.
Andrew Dillon, CEO of That's A Wrap, Pty Ltd., stated, "We're very pleased to have our library of short films being made available to audiences around the globe. With ReelTime TV's digital delivery of media, viewers everywhere can see the richness of films from Oz through the eyes of an Aussie. It's taken such a long time for the technology to catch up to the needs of audiences and now with ReelTime, they can watch our series over the Internet in real time."
"Every country has a sensibility that it interjects into its movies, from the very landscape and terrain to the personalities of its indigenous people and local communities. This selection of award-winning art house films will give our viewers a taste of the delectable flavor from Australia. We are happy to add such quality short films to our library, and continue to follow up on this year's MIPTV conference which was a huge success for ReelTime," commented Beverly Zaslow, VP of Acquisitions and Business Development.
About That's A Wrap Productions, Pty. Ltd.
Based in Sydney, Australia, That's A Wrap Productions is a consortium of industry professionals specializing in film and television production, and is committed to producing quality feature films and television series. They are slated to begin production on a new season of "Franchising Australia" set to be shot in and around the sites of Australia in High Definition. Their studio and affiliated partners produce state-of-the-art special effects and 3-D CGI animation that includes film credits such as Pitch Black, Babe 2, Paradise Road, War Games and Superman 2, and television series, The Lost World -- Season 2, Space: Above and Beyond and Journey to the Centre of the Earth.
About ReelTime Rentals, Inc.
Headquartered in Seattle, Washington, ReelTime Rentals' mission is to deliver diverse media content to consumers over its specialized network enabling them to view the media content that they choose, whenever they would like to see it. The Company's cutting-edge technology called Intelligent Rapid Delivery System (IRDS) streams full-screen media content directly to consumers, while implementing security measures to combat the threat of piracy. Subscribing customers of ReelTime's service will have access to an extensive library of quality full-screen movies and other programming without the hassles of going to the video store or mailbox, nor the added expense of late fees.
For more information on ReelTime Rentals, Inc., you may visit our web site at www.reeltimetv.net.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Reeltime Rentals Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Reeltime Rentals Inc or any other person that the objective and plans of Reeltime Rentals will be achieved.