SEATTLE, April 20, 2006 (PRIMEZONE) -- ReelTime Rentals, Inc., (Pink Sheets:RLTR) is pleased to announce that the Company has entered into a Worldwide Distribution Agreement with Imperia Entertainment, Inc. (Pink Sheets:IPRE) for their entire library of feature length films and television series to be available on-demand or by subscription at www.reeltimetv.net. Some of Imperia Entertainment's properties include their recently completed feature film "Say It In Russian" starring Faye Dunaway, an Award Winning celebrity interview series entitled "Autograph", and the recently released theatrical film "All That I Need". This agreement will make it possible for over 95.5 million home broadband users in the US and almost 450 million users worldwide to visit ReelTimeTV.net and access all of Imperia's library.
"With the film industry's domestic box office revenue at its lowest level since 2001, we've explored new ways of getting our programming to consumers, who by all reports are increasingly using the Internet to view movies and TV series," said James Hergott, President of Imperia Entertainment, Inc. "Digital media is the future, and it's here today. We looked at all the VOD sites and many different broadband platforms and found ReelTime Rentals was the obvious choice to bring our shows to the widest possible audience, while giving them exactly what they want -- the ability to Point, Click & Watch a movie at home that's DVD quality. Plus from a Provider's standpoint, broadband distribution is the latest emerging area and truly part of the hi-tech revolution. ReelTime brings with it the greatest opportunity of generating brand new revenue streams, at exponential rates of growth never seen before. That's definitely something we want to be part of."
"Imperia Entertainment is fast becoming known as one of the premier independent film and television producers in the industry," commented Beverly Zaslow, ReelTime's VP of Acquisitions and Business Development. "Their award winning programming continues to win accolades from audiences around the globe and we're thrilled to be able to make it our available to our viewers through our worldwide network."
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.
About Imperia Entertainment, Inc.
Imperia Entertainment, Inc. (Pink Sheets:IPRE) is located in Beverly Hills, CA and has emerged as a top player in the area of independent film production and distribution, an area once monopolized by the major film studios. In conjunction with its distribution subsidiary, Imperia International Distribution, the company invests in, produces and distributes full-length feature films, and has amassed an impressive television library, including the long running and award-winning "Autograph" series (http://www.autograph.tv), which airs on the Colours Television Network, and the newly acquired "Faces and Names" television series. The Company's feature films include "All That I Need" released in theaters and on DVD February 2006, family movie "Whiskers", produced by Jordan Klein ("Flipper", "Jaws", "Splash"), "Brothers", by Tarquin Gotch ("Home Alone"), and has just finished production on the feature film "Say It In Russian", written by Larry Gross ("True Crime", "48 Hours", "Another 48 Hours"), directed by Jeff Celentano ("Primary Suspect", "Gunshy") and edited by David Rawlins ("Saturday Night Fever"). For more information on Imperia Entertainment, Inc., you may visit their website at www.imperiaentertainment.com.
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.