For those who could not access the sight
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: MAINFRAME ENTERTAINMENT, INC.
TSE SYMBOL: MFE
MARCH 4, 1998
Mainframe Entertainment Announces Production of Two New
Computer Animated TV Series Plus Third Season of Beast
Wars(TM)
VANCOUVER, BRITISH COLUMBIA--Mainframe Entertainment, Inc., today
secured itself a position among the leaders of the world's
computer animation industry by announcing agreements to produce
three new TV series accounting for up to 79 half hours of digital
animation for television. The new series -- WAR PLANETS(TM) and
WEIRD-OHS(TM) -- plus a third season of the Company's hugely
successful BEAST WARS(TM) series, are set for distribution to the
North American and international markets.
These new productions are being developed on the heels of 39
episodes of the highly successful ReBoot(TM), one of YTV's most
popular shows.
"WAR PLANETS is an epic space adventure that deals with coming of
age and the need to put differences aside to battle evil," said
Mainframe's Vice Chair and CEO Christopher Brough about the new
sci-fi series. "The intergalactic saga features a rag-tag band of
unlikely heroes as they try to unite their races and planets
against a seemingly unbeatable foe, not unlike the epic of
"Braveheart", but set in deep space."
Mainframe has agreements in place for WAR PLANETS in North America
with the national youth- oriented cable network, YTV, in Canada
and national syndicator Summit Media Group in the U.S., which has
already cleared approximately 90 per cent of U.S. television
markets, broadcasting with major groups including Sinclair,
Paramount and United stations. The series will begin airing in
both countries in September 1998 and is produced in agreement with
toy manufacturer Trendmasters, Inc. Twenty-six half hour episodes
will be produced for the series' premiere season with fourteen
additional episodes scheduled for production in 1999.
WEIRD-OHS , the third newly ordered series, is based on the
classic souped-up car model collection from the 1960s featuring
monsters and dragster-type vehicles. "This show is more of your
traditional squash and stretch comedy traveling at 100 miles per
hour," says Brough, "but we're doing it in computer animation so
there's a third dimension visual element added that raises the bar
in our industry and takes television animation to the next level."
This 13 episode series is scheduled to commence international
broadcast in January 1999.
As well, Mainframe has been asked, and has agreed to produce a
thirteen-episode third season of the highly-rated BEAST WARS(TM)
(BEASTIES(TM) in Canada) in association with Hasbro Toy Group and
Alliance Communications in time for the Fall '98 season in North
America and international markets. BEAST WARS is currently the
highest rated syndicated children's series in America.
Mainframe Entertainment, based in Vancouver, now employs more than
230 animators, technicians and production staff and is a publicly
traded company, listed on the Toronto Stock Exchange under the
symbol MFE.
-30-
Finally some great news, but the market is slow to react. I guess everyone's tied up with the "INTC EFFECT". I sold half of my position in INTC yesterday at 86 - LUCKY! Today I've bought 1000 MFE and may buy another 400 if the price goes down with the overall market.
I've made either a great investment OR I've blown a lot of money.
Best of LUCK and JUDGEMENT,
JimB |
