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Microcap & Penny Stocks : NCPP..New Cinema Partners -- Ignore unavailable to you. Want to Upgrade?

To: BigTex who wrote (1)	11/18/1999 7:18:00 PM
From: Skycat	Read Replies (1) \| Respond to of 24

Looks like this one has hit a great bottom!!! Historical quotes: tscn.com I put a call into their IR department this afternoon - when I get a call back I'll let you know what they say. Their last PR looks great! Animated 3D Television Series On The Way New Cinema Partners Inks Co-Production Deal with XD Productions TORONTO, Nov. 10 /CNW-PRN/ - New Cinema Partners Inc. (OTCBB: NCPP) has announced that they have signed a Memorandum of Understanding with XD Productions of Paris, France for the production of a 26-episode animated 3-D television series. XD Productions is a world-leader specializing in 3-D animation technology. The series, budgeted at $8,000,000, will be a joint Canada/France production. Its preliminary title is ``Space-Quest', a fable designed to be both entertaining and educational. In entering into this initiative with XD Productions, New Cinema continues to develop and enrich the new ``edutainment' industry. ``This is a great story with fantastic characters,' said Phil Kueber, VP of Filmed Entertainment. ``XD Productions is going to be a tremendous partner for us. They have the cutting-edge technology to help us produce an incredible television series that both adults and children will love. Furthermore, the new XD technology allows a production cost-efficiency yet to be experienced in this industry.' In addition to the tax benefits attendant on such an arrangement, there are a number of potential spin-offs - toys and games particularly. In view of the multi-billion dollar industries created from singular series featuring the POKEMON character, not to mention the previous success of MIGHTY MORPHIN POWER RANGERS and NINJA TURTLES, the leverage potential contingent on the series' popularity is considerable. This news release is part of a series of production development announcements which began with the Memorandum of Understanding for New Cinema Partners Inc. to acquire 20% of the ownership of XD Productions of Paris, France. XD Productions XD Productions, the brainchild of Jacques Peyrache, developer of ``THE CYBERDOME' system for 3D production and founder of ``PIXIBOX', was started up in April of 1998. The firm specializes in the production of 3D animated features using a new, lower-cost, higher quality technology developed by Mr. Peyrache. New Cinema Partners Inc. New Cinema Partners' core business is to create, finance, market, build and operate Immersion Reality theater attractions. The company is a ``first-in' leader in this new IR family education and entertainment niche. In addition, the company is pursuing live-action and 3-D animated film opportunities for the same family ``edutainment' market using formats such as, but not limited to, wide screen IMAX. New Cinema Partners is headquartered in Toronto, Canada. Statements regarding financial matters in this press release 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 statements about The Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, The Company's actual results may differ materially from expected results. ``Immersion Reality' and ``Immersion Reality Theaters' are registered trademarks of Immersion Studios Inc. -------------------------------------------------------------------------------- SOURCE: New Cinema Partners Inc. CONTACT: Investor Relations, New Cinema Partners, Tel: 416-491-4505, Fax: 416-491-4479, macfadyen@new-cinema.com, www.new-cinema.com