Antibody Films Co-Producing Company's First Two Films of 2007: "Donna On
Demand" and "Dead Air"
VAN NUYS, CALIF., March 27 /CNW/ - Public Media Works, Inc. (OTCBB:PMWI)
announced today that it has executed a term sheet outlining the terms for the
Company's purchase of Antibody Films Development, LLC. Antibody Films is a Los
Angeles based production company which has worked with the Company on the
production of its first two films of 2007: "Donna On Demand" and "Dead Air."
"Donna On Demand," a psychological thriller with dark comedic overtones, is
the Company's first film completed in 2007, and is scheduled for release in
the third quarter of 2007. "Dead Air" is a suspenseful and action-packed
horror film set in modern day Los Angeles which is scheduled to begin shooting
on March 29, 2007. Antibody Films also has several other projects in
development, and has completed the film "Pirate Camp," a family action
adventure featuring Corbin Bernsen, which is being marketed for distribution.
Antibody Films was co-founded by Chris Aronoff and Jesse Lawler.
"We are very pleased to be able to bring Antibody Films into the
Company," stated Corbin Bernsen, Chief Executive Officer of Public Media
Works. "We believe Antibody's production experience and capabilities will
enhance the Company's ability to produce highly marketable films in a very
cost effective manner," Bernsen added.
"We are thrilled to be joining forces with Public Media Works and Corbin
Bernsen," stated Jesse Lawler, Manager and Co-Founder of Antibody Films.
"Chris and I look forward to producing many more projects with Public Media
Works," Lawler added.
The acquisition term sheet is non-binding and subject to the negotiation
and execution of a definitive purchase agreement, which the parties expect to
complete on or before April 30, 2007. The term sheet contemplates that the
Company will purchase Antibody Films in exchange for shares of the Company's
common stock. Upon completion of the purchase, the Company plans to operate
Antibody Films as a wholly-owned subsidiary. You may learn more about Antibody
Films on their website at www.antibodyfilms.com.
About Public Media Works, Inc.
Public Media Works is engaged in the development, production, marketing
and distribution of tailor made entertainment products, including film,
television, music, theater and sports. Content is created and marketed to
specifically targeted, fan-based audiences. By targeting specific, dedicated
consumers, Public Media Works intends to streamline the process costs of
development, production, marketing and distribution, and enhance the overall
revenue generation of each project.
Certain statements contained in this press release are "forward-looking
statements" within the meaning of applicable federal securities laws,
including, without limitation, anything relating or referring to future
financial results and plans for future business development activities, and
are thus prospective. Forward-looking statements are inherently subject to
risks and uncertainties some of which cannot be predicted or quantified based
on current expectations. Such risks and uncertainties include, without
limitation, the risks and uncertainties set forth from time to time in reports
filed by the company with the Securities and Exchange Commission. Although the
company believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such expectations
will prove to have been correct. Consequently, future events and actual
results could differ materially from those set forth in, contemplated by, or
underlying the forward the forward-looking statements contained herein. The
company undertakes no obligation to publicly release statements made to
reflect events or circumstances after the date hereof.
For further information:
For further information: Public Media Works, Inc. Corbin Bernsen,