New Visual and Artisan Entertainment Set Theatrical Release Schedule for ``Step Into Liquid''
Thursday June 5, 7:05 am ET
"Step Into Liquid" Opens in Major Markets This Summer; Revenue Expected This Fall
SAN DIEGO--(BUSINESS WIRE)--June 5, 2003-- NV Entertainment Inc., a wholly owned subsidiary of New Visual Corporation (OTCBB:NVEI - News) and Top Secret Productions LLC are pleased to announce that Artisan Entertainment has begun booking the theatrical release schedule for "Step Into Liquid." The film opens with the theatrical premiere on Tuesday, August 5th, in Los Angeles, and rolls out nationwide on August 8th. The film is now set to open in these cities on these dates, with more bookings to follow in the coming days:
Aug. 8 New York
Los Angeles
Newport Beach, Calif.
Honolulu
Aug. 15 Chicago
Santa Cruz, Calif.
San Francisco
Berkeley, Calif.
La Jolla, Calif
Aug. 22 Minneapolis
Cambridge, Mass.
Philadelphia, Booked
Bethesda, Md.
Fort Lauderdale, Fla.
Miami Beach, Fla.
Manhattan Beach, Calif.
Pasadena, Calif.
Santa Barbara, Calif.
Santa Monica, Calif.
Palo Alto, Calif.
San Rafael, Calif.
Seattle
Aug. 29 Royal Oak, Mich.
Baltimore
Atlanta
Dallas
Houston
Denver
Scottsdale, Ariz.
Portland, Ore.
Sacramento, Calif.
St. Louis
Sept. 3 Bexley, Ohio
Cincinnati
Cleveland Heights, Ohio
Ann Arbor, Mich.
Milwaukee
Austin, Texas
Maitland, Fla.
New Orleans
Overland Park, Kan.
Las Vegas
Additional U.S. openings are now being scheduled for September and October. Many of these cities are served by Landmark Theatres, a leader in digital cinema. "Step Into Liquid" will be released both on traditional 35mm film and high definition digital formats. The digital encoding is done using Microsoft Corp.'s Windows Media9 (TM).
"Artisan has backed up their commitments with a summer release plan that we are delighted with," stated Ray Willenberg, Jr. chairman of New Visual and executive producer. "The film will start earning Box Office receipts in August, and producing revenue to us in the fall of this year. This will in turn allow us to augment our continued investment in the next stage of our development, the telecommunications semiconductor business."
About "Step Into Liquid"
By using up-to-the-minute technology, sharp editing and awards-caliber cinematography to present extraordinary subjects in mind-boggling locations, "Step Into Liquid" embraces and celebrates the global surfing culture while managing to also deliver moments of real intimacy. The film takes viewers from the truly terrifying monstrous waves of Oahu's North Shore to the Texas waters of the Gulf of Mexico (where waves are created by massive oil supertankers) to the shores of Ireland and Rapa Nui. Along the way, viewers discover unforgettable human stories, from a man who's surfed every single day for the last 27 years to a young, inspirational surfer just getting back in the water in spite of a surfing accident that's left him paralyzed from the neck down. A true audience-pleaser, "Step Into Liquid" is at once profoundly moving and profoundly entertaining. "Step Into Liquid" is produced by Top Secret Productions LLC, a 50%-owned subsidiary of New Visual. For more information and release dates and venues, see: www.steptintoliquid.com, or www.artisanent.com.
About New Visual Corporation
Based in San Diego, New Visual is a late-development-stage fabless communications semiconductor company. It is developing an advanced technology that allows data to be transmitted at greater speed and across extended distances over existing copper wire. For more information, visit www.newvisual.com.
With the exception of historical information contained in this press release, this press release includes forward-looking statements made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings.
