SPRINGDALE, AR, Dec 18, 2009 (MARKETWIRE via COMTEX) -- Hannover House, the
film and video releasing label for Target Development Group, I nc. (PINKSHEETS:
TDGI) (Other: www.TargetDevelopmentGroup.com, www.HannoverHouse.com), announced
today the acquisition of video distribution rights to 10 additional titles,
including six new release feature films. The programs, under license from
Central Film Company and Family Universal Network, will be released by Hannover
House on DVD and Blu-ray in late spring and early summer 2010.
Central Film Company has expanded its existing distribution relationship with
Hannover House with the addition of six new release features: "Eyes of the
Woods," "Allegheny Sunset," "Naked Nerve Endings," "The Sky is Falling,"
"Static" and "The Wind and the Long Black Scarf."
Los Angeles-based Family Universal Network will provide four animated features
-- "Treasure Island," starring the voice talent of Hugh Laurie ("House") and
Richard E. Grant ("Garfield: A Tale of Two Kitties"); "Journey to the Center of
the Earth"; "Around the World in 80 Days "; and "20,000 Leagues Under the Sea."
Each will be available as individually packaged DVDs, as well as be part of a
three-pack item Hannover will release as "The Jules Verne Classics Collection."
Earlier this week, Hannover House announced a library distribution venture with
Elite Entertainment and FOCUSFilms. The total number of titles in the Hannover
House library now exceeds 150, including catalog programs, new releases and
newly acquired theatrical feature films to be announced in the upcoming months.
"We're pleased to have a solid line-up of diverse, new release videos through
2010," said Eric Parkinson, CEO of Hannover House and Target Development Group.
"These titles will provide a significant foundation for our expansion into the
higher-profile, theatrical features that ultimately will define the company."
Hannover House was established in 1993 as a publisher of fine literature, and
was expanded in 2002 by former Hemda le CEO Eric Parkinson to include film and
video products. Attorney and banker D. Frederick Shefte joined Hannover House as
President in 2007. Target Development Group, Inc. acquired Hannover House this
month in a stock-for-stock swap agreement. For 2010, Hannover House plans to
release eight films to theaters, 28 titles to home video, and six new release
books.
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the
meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of
1933-34, which are intended to be covered by the safe harbors created thereby.
Although the company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, there can be no
assurance that these statements included in this press release will prove
accurate.
For more information on Target Development Group, Inc. and Hannover House,
contact:
Richard Dean Prudenti
479-751-4500
e-mail: Email Contact
SOURCE: Target Development Group; Hannover House
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