good move on NIGI, imo.
June 08, 1999 12:52
Nightwing Signs $975,000 Production Agreement
With Ultifox USA
NEW YORK--(BUSINESS WIRE)--June 8, 1999--Nightwing Entertainment
Group, Inc. (OTCBB: NIGI) announced today that it has signed an agreement
with Ultifox, USA to produce a 26 episode television series "UltiSports". The
agreement calls for Nightwing Entertainment Group, Inc. to receive $975,000 in
production fees.
UltiSports is a youth-oriented sports television series targeting the 6 to 12 year
old market. Nationally recognized celebrity guests will select members from a
live studio audience to participate in physical challenges as well as
sports-related trivia type games. The show is hosted by the brother/sister team
of Jeff and Kim Sarubbi, along with "UltiFox", the show's animated character.
The show features coverage of youth participation sports such as Little League
Baseball and Softball, YMCA Basketball, Pop Warner Football, and ASA
Soccer. UltiSports will be filmed at the state-of-the-art studio facility, the New
Media Trade School, in Emeryville, California.
In a previous release dated April 12, 1999, Nightwing announced it had
acquired an 80 percent interest in I-Zone, Inc., a company engaged in the
design, development, management and ownership of location-based
high-tech/interactive entertainment and business communications centers. And
on May 11, 1999, Nightwing announced that it had acquired 80 percent of the
common shares of Sirius Entertainment, Inc., a newly-formed California-based
independent film company, from its founder, Chief Executive Officer and
President, Clifford Werber.
Nightwing Entertainment Group, Inc. has interests in film and television, as well
as new media/interactive entertainment.
The Company, which is presently not a "reporting" company, intends to bring
all its filings current with the Securities and Exchange Commission as soon as
practicable following the completion of the Company's audited financials.
The reader is advised that this release contains forward-looking statements of
the company and that a variety of factors could cause the company's actual
results and experience to differ materially from the anticipated results of their
expectations expressed. Additional information regarding those factors is
available upon request.
CONTACT: Martin E. Janis & Company, Chicago
Bev Jedynak, 312/943-1100
or
Nightwing Entertainment Group, Inc.
Shareholder Relations
888-858-5506 |
