PrimEdge Subsidiary Orangebox Entertainment is Entering Major Motion Picture Sound Production Deal for Sequel to the Acclaimed Asian Action Film 'AEGIS'

Orangebox Entertainment Nominated for An Academy Award in Asia for Its work on the Original Motion Picture 'AEGIS'


BOCA RATON, Fla., April 4, 2007 (PRIME NEWSWIRE) -- After being nominated for an Academy Award in the Asian Film Market for its post-production services on the original action blockbuster hit "AEGIS" Orangebox Entertainment, a subsidiary of PrimEdge, Inc. (Pink Sheets:PEDG) is pleased to announce it is entering into a contract to provide all sound supervision and audio post production services for the film's sequel, AEGIS II, due out later this year.

The screenplay for the original movie was based on "Aegis," the name of a series of advanced high-tech warships, deployed to only a few countries in the world, one of which is hijacked by terrorists. When a biological weapon is smuggled aboard the high-tech battleship named Aegis, it appears as if a new military age is dawning in Japan. Militant terrorist Pao Yeung Fan is determined to unleash a biological weapon on Japan, but a brave Chief Petty Officer (Hiroyuki Sanada) has other ideas.

The movie was a blockbuster success throughout Asia in 2006, and Orangebox Entertainment's work on the acclaimed motion picture earned Orangebox an Academy Award nomination for films in the Asian market.

Brain Schuster, Chairman of PrimEdge, Inc. stated, "Gaining this contract confirms that Orangebox Entertainment is continuing to deliver on its promise of expanding its production business with the motion picture industry on a worldwide basis. Being nominated by the Academy for Orangebox's work has clearly heightened the company's reputation for its outstanding work with prominent filmmakers around the world and is one of the highest honors the company could achieve."

About Orangebox Entertainment, Inc.

Orangebox is located in Burbank (Los Angeles), Calif. Formed in 2005, it is an innovator with the intent of becoming the "next-generation provider" of digital production/post production services for the entertainment industry, including visual, audio and music production.

About PrimEdge, Inc.

PrimEdge, Inc. is a diversified holding company, owning and overseeing the operations of two majority owned subsidiaries, DigiKidz, Inc., a producer and distributor of family entertainment DVDs, and Orangebox Entertainment, Inc., a production and post production services provider to the entertainment industry. PrimEdge, Inc. seeks rapid growth through additional acquisitions and the sales and marketing by its subsidiaries of proprietary products.

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