Charlie Bloye to Leave Peace Arch Films
Friday February 17, 8:00 am ET
TORONTO--(MARKET WIRE)--Feb 17, 2006 -- Peace Arch Entertainment Group Inc. (AMEX:PAE - News) (Toronto:PAELV.TO - News), one of Canada's most active film and television companies, today announced the departure from its sales division, Peace Arch Films Ltd, of Charlie Bloye, the veteran sales executive who, as Managing Director, set up the London-based subsidiary 3 years ago. Mr. Bloye is leaving to pursue other interests within the UK industry.
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"It has been a great privilege to participate in the creation of an important brand in the international sales arena," said Bloye, "and I am particularly happy to have passed the baton to such safe hands as Penny Wolf's." Ms. Wolf joined Peace Arch Entertainment Group in September as Executive Vice President, International Sales and Marketing.
"We are indebted to Charlie Bloye for laying firm foundations for Peace Arch Films and we wish him well in the future," stated CEO Gary Howsam.
About Peace Arch Entertainment Group Inc.
Peace Arch creates, develops, finances, produces and distributes proprietary feature film and television programming for worldwide markets. Based in Toronto, with operating divisions in Vancouver, Los Angeles and London, Peace Arch has put seven new features into production since September 2005. This includes four titles for its new genre label Archetype Films, as well as "DELIRIOUS" starring Steve Buscemi, Michael Pitt, Alison Lohman and Gina Gershon, and "CHAPTER 27" starring Jared Leto and Lindsay Lohan. The Company is publicly traded on the American and Toronto Stock Exchanges under the symbol PAE.
This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
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Contact:
Contacts:
Nicole Spracklin
Peace Arch Entertainment Group Inc.
(416) 487-0377 ext. 237
