Devine Entertainment Corporation (fka DVNNF)

[Teamlasvegas]

.125
November 19, 2007 - 12:39 PM EST

Devine Entertainment CEO Commences Multi-City European Road Shows to Generate Increased Visibility among Institutional and Other Investment Professionals
Chief Executive David Devine to Hold Series of Meetings with Leading

Investors, Analysts and Portfolio Managers in United Kingdom and

Switzerland

TORONTO, Nov. 19 /CNW/ - Devine Entertainment Corporation (OTCBB:DVNNF), seeking to capitalize on the burgeoning global demand for high quality film and television content, has announced that Chief Executive Officer David Devine has commenced a multi-city European road show to increase the Company's visibility among institutional investors and other investment professionals. In a series of meetings this week, Mr. Devine will detail Devine Entertainment's strategy for expanding revenue growth and building shareholder value to investors in London in the United Kingdom, and in Geneva and Zurich in Switzerland.

The meetings are part of Devine's newly-expanded strategy to boost exposure within investor communities around the world. It follows the Company's recently announced listing on the Frankfurt Stock Exchange (FWB), Europe's largest exchange and the third-largest worldwide, where it now trades under the ticker 3TD.

"Devine is a truly global company that conducts significant business in Europe and in other nations worldwide, and there is great value potentially in expanding our natural investor constituency in these various countries," said Mr. Devine. "I am excited to introduce our Company to this vital community of investors and to bring them up to date on Devine's latest accomplishments, and to tell them more about our strategies for growth and increasing shareholder value."

Among recent Company news and information are the Company's recently announced Q3 2007 financials, in which the Company reported continued growth in revenues and earnings. The quarter saw Devine revenue increases of 2,310% and earnings rising by $629,000 (all amounts in Canadian dollars) to $.01 per share. Revenues for the nine months ended September 30, 2007, increased by more than $5,633,107 to $5,996,636, reflecting an increase of approximately 1,550% as compared to $363,529 for the same period in 2006.

Additionally, the Company recently announced coverage by Murphy Analytics, an independent fee-based equities research firm, which has projected a 12-month share price of target of $0.50.

About Devine Entertainment

Devine Entertainment Corporation develops, creates, and produces award-winning television programming and feature films for worldwide distribution across multiple TV broadcast networks, cable and satellite networks, DVD and Internet markets. Specializing in cultural and educational programming as well as prime-time drama and comedy entertainment programming, the Company's titles have garnered more than 120 international film and television industry awards, including five Emmy and five Gemini Awards. The Company partners with leading international distributors, broadcasters and co-producers, such as Sony BMG, Rogers Media and The Carrere Group of France, to produce and distribute its award-winning film and television titles.

Among Devine's critically acclaimed productions are its cultural and educational film series on history's landmark Composers, Inventors and Artists, which have been broadcast in more than 50 countries. The Company continues to expand its proprietary library of high-quality film and television content. Among its general-audience primetime programming is the acclaimed one-hour mystery series, "Across the River to Motor City," delivered to broadcasters worldwide in 2007. Headquartered in Toronto, the Company's common shares trade on the NASD OTCBB market in the U.S. under the symbol DVNNF, and on the Frankfurt Stock Exchange under the ticker 3TD. The Company's corporate website is www.devine-ent.com.

Investor-specific information and resources:

http://www.trilogy-capital.com/tcp/devine.

View current stock quotes and news:

http://www.trilogy-capital.com/tcp/devine/quote.html.

Investor Fact Sheet:

http://www.trilogy-capital.com/tcp/devine/factsheet.html.

Forward-Looking Statements

This press release may contain forward-looking statements relating to the future performance of Devine Entertainment Corporation. Forward-looking statements, specifically those concerning future performance and the achievement of operating profitability are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include the market acceptance of the Company's products and services; competition within the film and entertainment industry and the introduction of new entrants and/or products in the Company's markets; adverse changes in governmental regulations and policies affecting the film and entertainment industry; product development risks and risks of technological change; the risk of unanticipated expenses; and other risks and uncertainties all as described in the disclosure documents filed with securities regulatory authorities in accordance with applicable securities laws. Readers are cautioned that the foregoing list of factors is not exhaustive. Although the Company believes that the expectations conveyed by the forward-looking statements are reasonable based on information available to it on the date such forward-looking statements are made, no assurances can be given as to future results, levels of activity and achievements. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.



Source: Canada NewsWire (November 19, 2007 - 12:39 PM EST)

News by QuoteMedia
www.quotemedia.com