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Non-Tech : RPIX - Royal Picture Inc. - A New Cinematic Wonder

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To: Scooter who wrote (7)2/1/1999 8:26:00 PM
From: Kimberly Lee  Read Replies (1) of 89
 
Welcome, scooter, and thanks for the tip on MVEE. Will look into it.

On Jan 5, 1999, two working days into the new year, RPIX announced the appointment of L. Van Stillman as its new corporate securities counsel.

/FROM PR NEWSWIRE CHARLOTTE 704-338-9366/
TO BUSINESS AND ENTERTAINMENT EDITORS:

Royal Pictures Appoints L. Van Stillman, Of
Boca Raton, Florida As Its New Corporate Securities Counsel

NORTH MIAMI BEACH, Fla., Jan. 5 /PRNewswire/ -- Royal Pictures, Inc.
(OTC Bulletin Board: RPIX) announced today that its board of directors has
unanimously voted to appoint L. Van Stillman of Boca Raton, Florida as new
Securities Counsel for the Corporation. Mr. Stillman will replace Roger
Fidler, the previous Corporate Securities Counsel, based in Hackensack, New
Jersey.
David Olinsky, President of Royal Pictures, Inc., stated, "After
evaluating the company's strategic direction over the coming year, we felt
that Mr. Stillman would be a valuable addition to Royal Pictures. This move
signifies our commitment to the shareholders and the financial growth and
stability of Royal Pictures, Inc."
"Royal Pictures, Inc. is moving aggressively to maximize company
performance in anticipation of the slate of theatrical motion pictures
scheduled for production in early 1999, all of which are expected to generate
significant revenue."
Royal Pictures, Inc. is both a multi-dimensional and a multi-faceted
independent film production Company, that plans to develop and produce motion
pictures for the big screen. All three stages of motion picture production
will be performed or arranged by Royal Pictures, including funding,
production, and distribution of the completed film. For more information
please visit the Company's website at royalpictures.net
Statements about the Company's future expectations, including future
revenues and earnings, and all other statements in this press release other
than historical facts are "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such forward-looking
statements be subject to the safe harbors created thereby. Since these
statements involve risks and uncertainties and are subject to change at any
time, the Company's actual results could differ materially from expected
results.

SOURCE Royal Pictures, Inc.

/CONTACT: David Olinsky, President, Royal Pictures, Inc., 305-893-4440,
orHayden, Buczek & Associates, Inc., 843-272-4653, for Royal Pictures, Inc./

/Web site: royalpictures.net

Jan-05-1999 07:16 GMT
Symbols:
US;RPIX
Source PRN PR NewsWire
Categories:
NWR/FL NWR/NJ NWI/ENT NWS/PER
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