July 9, 2007 - 2:00 PM EDT
Imperia Entertainment Announces Resolution of Hergott Lawsuit and Shooting Date for 'Never Submit'
BEVERLY HILLS, Calif., July 9 /PRNewswire-FirstCall/ -- Imperia Entertainment, Inc. (Pink Sheets: IPEI) announced today that all disputes with respect to the motion picture entitled 'Never Submit' articulated in the federal court lawsuit by the former director, James Hergott have been amicably resolved and that the production will go forward with principal photography by August 6, 2007. The parties have released the following letter regarding the confidential resolution of the lawsuit:
'The undersigned are pleased to announce that all disputes with respect to the motion picture entitled, 'Never Submit' have been amicably resolved by the respective parties. As a result thereof, and by way of this letter, the undersigned represent that Imperia Entertainment and Never Submit, LLC have the absolute right to produce and distribute the aforementioned motion picture, and further represent that Imperia Entertainment and/or Never Submit, LLC now own in its entirety, the copyright to said motion picture and the script thereof. /s/ Hergott Productions, Inc. by James Hergott, Muffin Club Entertainment, Inc. by James Hergott, Imperia Entertainment, Inc. by Kenneth Eade, and Never Submit, LLC by Kenneth Eade.'
ABOUT 'NEVER SUBMIT'
'Never Submit,' directed by Don Dunn and starring Ernie Hudson, legendary star fighter Ken Shamrock, and star fighters Josh Koscheck, Michael McDonald, Mauricio Shogun Rua, Mike Swick and Nate Quarry, is a movie set in the world of MMA, or mixed martial arts, the fastest growing sport in the world. 'Never Submit' is an inspirational tale similar to 'Rocky,' but the lead character is an intelligent young man (as are most fighters competing in this sport) rather than a beaten-down punch-drunk fighter. An amazing cast of characters will round out this film; each from different walks of life; each with his own set of circumstances and motivating factors driving him to be the best. 'Never Submit' is a metaphor describing the way these athletes live their lives.
ABOUT IMPERIA ENTERTAINMENT
Imperia Entertainment, Inc. (http://www.imperiaentertainment.com) is a company that has emerged as a player in the area of independent film production and distribution, once monopolized by the major film studios. In conjunction with its minority owned subsidiary, Muller Media, Inc. (Pink Sheets: MUMI) the company engages in investing in and producing full- length feature films. Imperia's film properties include its feature film, 'Say It In Russian' (http://www.sayitinrussianmovie.com), starring Faye Dunaway, and 'Never Submit,' starring Ernie Hudson and star MMA fighters Ken Shamrock, Josh Koscheck, Michael McDonald, Mauricio Shogun Rua, and Nate Quarry, and the award-winning 'Autograph' television series.
This press release contains statements, which may constitute 'forward- looking statements' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Imperia Entertainment, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Imperia Entertainment, Inc.
Kenneth Eade: 310-275-0089 or
imperiaentertainmentinc*yahoo.com
SOURCE Imperia Entertainment, Inc.
Source: PR Newswire (July 9, 2007 - 2:00 PM EDT)
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