Hannover House Inc (HHSE)

[HHSEwealth]

1). New Multi-Studio Distribution Pacts - Under the direction of recently hired VP of Sales, Tom Sims (a top entertainment industry executive), Hannover House has entered into distribution or sales agency pacts with ten outside studios for the representation of their video titles to major retailers and mass merchants. The first titles under this pact are already in release, with "American Justice" (Paseo Miramar Studios) poised to be the highest grossing video of 2014 for Hannover House. Prior to joining Hannover House, Sims was the Video Buyer for Walmart at Anderson Merchandisers, and later established similar multi-studio ventures at Vivendi / Universal Music Group and Allegro Music Group. The Vivendi studio venture was generating annual sales of more than $150-million under the structure implemented by Sims.