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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?

To: RobQ who wrote (2000)	2/19/2003 6:54:59 PM
From: blebovits	Read Replies (1) \| Respond to of 2211

``Step Into Liquid'' a Hit In Santa Barbara; Anticipated Film Sells Out; Adds Second Show in 2,000 Seat Venue SAN DIEGO--(BUSINESS WIRE)--Feb. 19, 2003--NV Entertainment, a wholly owned subsidiary of New Visual Corporation (OTCBB:NVEI), announced today that the company's showing of Dana Brown's "Step Into Liquid" received inordinate praise for the highly anticipated surf adventure film. Earlier this month, the film was previewed at the historic Arlington Theater in Santa Barbara for the benefit of the Santa Barbara Maritime Museum. This 2,000+ seat historic play house and theater sold out in less than 10 days of tickets going on sale through the Arlington box office and TicketMaster online. This prompted the Maritime Museum organizer, Theresa Smith to add a second showing at 11 p.m., which also nearly sold out. "This event was easily the largest surf event Santa Barbara has ever seen," said Smith. Given the advertising and anticipation of the film 2 1/2 years in the making, there was much riding on this special promotion. "I had heard the buzz about the next Brown film for quite a while and knew we had a good opportunity, but I had no idea how beautiful this film would be. Bruce and Dana really delivered far above what anyone could have imagined and we are extremely thankful to them and everyone at New Visual." Smith wasn't the only one moved by the films high-performance yet emotionally connected content. Legendary surfer and son of Endless Summer star, Sam August wrote: "Thank you New Visual for bringing to life what I think is the best surf movie I have ever seen." After seeing the film prior to the NoDance Festival, Forrest Whitaker wrote: "Although I had never surfed before, I found this film compelling not only because it transcends both surf and world cultures, but because it exposes what lies at the most primitive inner core of surfing, spirituality." And, after the screening in Santa Barbara, surfing Magazine's Editor in Chief wrote: "Brown not only makes every board-carrying member special in Step Into Liquid, he unifies them, saying, we're all just 'in it for the ride.' And the audience was right there with them on Saturday, cheering from takeoff to kickout. Brown did a fantastic job of stringing it all together with witty narration, smooth transitions and colorful commentary from an entire spectrum of waveriders." To read the entire review: surfingthemag.com The Santa Barbara benefit screening follows the NoDance Film festival in New Visual efforts to market the film for theatrical distribution. Favorable reviews and positive "buzz" have begun to stir interest of several film distributors and the company now is reviewing a host of offers for US and foreign theatrical release, as well as, ancillary market offers for home video/DVD, cable, and television. The company is in the process of seeking the right US distribution partner in an effort to assure a wider audience for other "Step Into Liquid" markets. About Step Into Liquid Step Into Liquid is a Dana Brown film that tells tales from 20 different locations. It features surfing legends like Laird Hamilton and Dave Kalama surfing at Jaws, an aerial spectacle from Taj Burrow in Australia, the Malloy brothers in Ireland, Peter Mel, "Skindog" Collins and crew surfing Monster Mavericks, super tanker wake surfing in Texas, Rapa Nui's first-ever tow-in, long-boarding on Lake Michigan, and a highly anticipated footage of Cortez Banks and its 60-foot plus waves. For more information: www.stepintoliquid.com. About New Visual Corporation New Visual Corporation is pioneering the development of a proprietary broadband transmission technology with the mission to utilize existing copper telecommunications infrastructure to deliver video, voice and data at unprecedented transfer rates. Through its NV Technology Inc. subsidiary, New Visual is developing technology that will allow the bundling of voice, video and data over existing copper telephone wires, potentially eliminating the need for fiber optic cable to the home or office. For more information on the company, please visit www.newvisual.com. With the exception of historical information contained in this press release, this press 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; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. CONTACT: New Visual Corporation C. Rich Wilson, 619/692-0333 info@newvisual.com