NVXE
Great to see my NVXE on a roll again.
Every day I see more info that makes me think this will be a "Barn Burner"
Please, do your own DD. Good Luck to all on this great Stock Watcher Site.
More News again today:
Tuesday November 9, 8:33 am Eastern Time
Company Press Release
SOURCE: New Visual Entertainment, Inc.
New Visual Entertainment Forms Strategic Alliance with Intelecon Show Services
SAN DIEGO, Nov. 9 /PRNewswire/ -- New Visual Entertainment, Inc. (OTC Bulletin Board: NVXE - news) announces today that it has completed an agreement with Intelecon Show Services to co-venture on the production, post-production marketing and distribution of 3D film, video and digital media. The two companies will launch the relationship by utilizing Intelecon's high-end projection and digital production technologies and New Visual's library of 3D footage to demonstrate a state-of-the-future, comprehensive 3D exhibition package at the upcoming IAAPA trade show later this month.
The Company reports that the two companies have been aware of each other's presence, with a desire to work together, for quite some time in order to combine New Visual's film production capabilities and existing footage with that of the computer-generated 3D effects of Intelecon's digital studios. New Visual has shipped hours of digitally transferred footage to the studios at Intelecon's headquarters in Dallas to be thematically incorporated into the trade show presentation with an emphasis on high-quality visual impact.
The agreement also stipulates that Intelecon will produce the digital effects on New Visual's latest film ''A Day At the Beach'' edited by Dana Brown and shot by J.P. Beeghley featuring legendary surf filmmaker, Bruce Brown. The new film also contains intriguing underwater photography from the Belize Barrier reef and Hawaii's hottest surf spots hosting the top surfers in the world shot by renowned cameraman Mike Prickett.
''We're thankful to have a team of talented engineers, and projection technologies to incorporate into our 3D film platform,'' states Ray Willenberg, Jr., CEO of New Visual. ''Eddie Vakser and his brother, Vladimir have assembled a very impressive package of digital tools and production talent that will strengthen our 3D content immensely. The opportunity to present at IAAPA is one that neither of us could afford to pass on,'' he concludes.
The IAAPA trade show is the largest gathering of Theme Park, Amusement Park and Attractions buyers in the world. The show opens November 17th in Atlanta and runs through the 20th. The co-ventured exhibit booth will be positioned directly across from the industry-leading special venue entertainment provider, IMAX, and is expected to draw considerable traffic with an unprecedented offering of 3D content and high-end projection technologies.
Intelecon Services Inc., headquartered in Dallas, is a leading provider of business communications technology and value-added services. Intelecon is a producer services, audio-visual rentals, sales, installations and staging services company offering complete turnkey solutions for productions, concerts, corporate events, trade shows and multimedia. Services include Stereoscopic 3D, 2D and 3D animation, on-line and off-line nonlinear non-compressed digital editing, special effects, 3D visualizations, audio, lighting, rigging, video walls, large screen and panoramic projection. Recent ventures have included the Kiss ''Psycho Circus'' 3D tour. More information may be attained at their website at www.intelecon.com.
New Visual Entertainment, Inc. is a true stereoscopic 3D production company that specializes in 3D product development and distribution for special venue theaters, home video, broadcast and theatrical markets by utilizing patented technology for the creation and exhibition of 3-dimensional media. Its stock is traded on the Nasdaq stock market's over-the-counter bulletin board under the symbol NVXE. Lilly Beter Capital Group, Ltd., with offices in Washington, DC, New York, California, Florida, Minnesota, Illinois, Gibraltar, Turks and Caicos Islands, and the British West Indies, is providing investor and public relations services for the Company and can be reached at 561-361-1030.
With the exception of the historical information contained in this release, this release includes forward-looking statements made under the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; manufacturing difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet, computer, and 3D film and video industries; reliance on third parties including potential suppliers, licensers and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this release and in the Company's Securities and Exchange Commission filings.
SOURCE: New Visual Entertainment, Inc.
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