buying NSKY on news of acquiring 40% of movieplace.com, for a 0.035 penny this is huge news:
10:19a New Sky Communications, Inc. Announces Acquisition of Interest in Movieplace.com Internet Site
ROCHESTER, N.Y., April 20 /PRNewswire/ -- New Sky Communications, Inc. (OTC Bulletin Board:
NSKY) announced today that it has acquired a forty percent (40%) interest in the Internet site
"movieplace.com." The Web site features video celebrity interviews and movie reviews by nationally
syndicated reporter, Mike Cidoni, as well as other links of interest to movie fans. Extensive coverage of
the premiere of the new film "Star Wars: Episode I The Phantom Menace," including exclusive video
interviews with the stars and key production personnel, film clips and original soundtrack music will be on
the site beginning in early May. Plans are being developed for a weekly Internet radio program with movie
news and gossip, plus a forum to assist independent filmmakers obtain motion picture production
financing.
Carl R. Reynolds, President of New Sky said today, "We are very pleased to have made this acquisition,
which is a perfect fit with our main activity of motion picture production and gives us a presence on the
Internet. Mike Cidoni's reviews are insightful and his celebrity interviews are unique. We hope to help
develop the Web site into THE place on the Internet for movie fans and filmmakers."
SOURCE New Sky Communications, Inc.
/CONTACT: Colleen Tiffany of New Sky Communications, 716-244-7660/
(NSKY)
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