SEATTLE, April 24, 2006 (PRIMEZONE) -- ReelTime Rentals, Inc. (Pink Sheets:RLTR), today announced that the Company has entered into a distribution agreement with KPI, a leading independent television production company based in New York. Under the agreement, consumers visiting www.reeltimetv.net will be able to access KPI-produced shows via the Internet.
"With consumers increasingly using the Internet to view movies and TV programming, ReelTime Rentals provides an easy, affordable way for our content to be viewed by a wider audience," said Vincent Kralyevich, President and Creative Director of KPI's TV, Broadband and Mobile Platforms.
KPI's documentaries that will be accessible on ReelTime's network include "Gods of Destruction," a documentary exploring the world of the International Demolition Derby Association (IDDA) and "Armored and Dangerous," which premiered on the Travel Channel and examines the automobiles designed for the world's elite to travel in style and safety.
"KPI is known for their entertaining and high-end documentaries, television series and films," commented Beverly Zaslow, VP of Acquisitions and Business Development. "They have some of the very best shows that can be seen on all the major cable channels in the U.S. from Discovery to A&E, The History Channel and more. Now on ReelTimeTV.net, we're able to make their programming available to viewers worldwide. We look forward to a long ongoing partnership with KPI that should continue to yield more top-quality content for our 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 KPI
Founded in 1992, KPI is based in New York City. KPI has grown into a diversified media company specializing in both traditional and new media including programming for cable, corporate clients, mobile and broadband. KPI is a steady supplier of marquee specials-many in high definition- for networks including A&E, The History Channel, Outdoor Life Network, Discovery Health, Court TV and HGTV. The company also produces independent projects for DVD and theatrical release, and has cultivated a strong international presence. KPI's independent film, Lucha Libre: Life Behind the Mask (2005), was an official selection of HBO's New York International Film Festival, 2005, as well as winner, Best Documentary, at the Sidewalk Moving Pictures Festival last year. For more information about KPI, go to www.kpitv.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.