SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Hannover House, Inc. (HHSE)
HHSE 0.00730+17.7%Oct 31 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: jimpit7/27/2012 4:04:34 PM
   of 154
 
Growth in Sales and Release Activities Leads to New Staff and Operations at Hannover House

Growth in Sales and Release Activities Leads to New Staff and Operations at Hannover House
Source: Hannover House / Target Development Group, Inc.
Date: July 27, 2012 15:13 ET

"Mastering, Editing and Website Activities to move "in-house" for efficiency and control.

"New York, NY, July 27, 2012 (GLOBE NEWSWIRE) -- Fueled by a dramatic increase in both the frequency and quantity of new title releases, Hannover House (HHSE) has taken steps to improve profit margins and title security by moving certain mastering and marketing duties in-house. Efective immediately, most of the company's DVD and Blu-Ray authoring duties will be handled internally by Director of Technical Services Tim Ellis, with website design and marketing handled by newly hired Garret Krier, in the position as Director of Marketing. Activities relating to ongoing reporting obligations for financials and outside audit activities will be handled by Lisa Purkayasha, who has been moved over from a temporary staff position to newly creation position of Operations Manager.

In-House authoring of DVD and Blu-Ray masters is expected to save the company more than $4,000 per title, and with 28 new release titles in solicitation or on the schedule through May, 2013, the short-term savings could exceed $100,000. Moving web-design and maintenance in-house is expected to save the company over $50,000 per year, while simultaneously improving the response time for website updates and improvements. And finally, the creation of an Operations Manager position is expected to improve the company's timeliness in meeting future reporting and financial audit obligations as the company moves towards a higher-profile market listing.

Tim Ellis has been employed at Hannover House since January, having previously worked as an outside service provider as well as the Producer-Director of the bonus materials utilized in support of the video release for "Turtle: The Incredible Journey." Lisa Purkayasha has been working on a full-time, contract basis at Hannover House for the past four months, working as Audit-Manager and liaison with outside accountants reviewing the tax returns and financials for the years 2010 and 2011. Garret Krier joins Hannover House from KNWA-NBC Television, where he has worked as a writer-producer-reporter, responsible for shooting and editing many of his stories, as well as website activities..."
(more)

(more)
globenewswire.com
________________________________________________

Jim

.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext