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To: Taki who wrote (116684)	7/15/2003 9:17:06 AM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

APBH from a penny in May, now .155 x .16 and more news: Americana Publishing, Inc. To Expand Product And Distribution Offerings Through Entertainment Subsidiary Tuesday July 15, 9:02 am ET Leading Video Book Publisher Launches Americana Entertainment, Ltd. ALBUQUERQUE, July 15 /PRNewswire-FirstCall/ -- Americana Publishing, Inc. (OTC Bulletin Board: APBH - News) said it has launched a wholly owned subsidiary, Americana Entertainment, Ltd. (AEL). The new entity will greatly expand the scope of product offerings and distribution capabilities of the audio book publisher. The Company said AEL will consist of two divisions, a video/DVD distribution company and a movie production arm. "It is intended the video distribution division will contract with both major and independent studios to distribute, in sets of three to five classic movie series featuring stars such as John Wayne and Robert Mitchum, through our well-established, national retail network," said George Lovato, Jr., Americana Publishing, Inc. chairman and chief executive officer. "The production division will be responsible for films within the one-and-a-half to six-million dollar budget range, primarily based on successful books we've already published." Lovato said the Company plans to produce and release three such movies within the next 12 months. "This is a natural extension of our business model and the synergies of the two divisions are obvious," Lovato said. "If we cannot effect a theater release of one of our movies, we can go right to video/DVD and have guaranteed distribution through our existing retail network. Additionally, we will mix the distribution of this movie with movies out of our series catalog." Americana Publishing, Inc. is a leading publisher in the nearly $2 billion audio books industry. The Company currently has approximately 350 book titles and should have well over 400 by year-end, which it sells through the Internet, nearly 30,000 retail stores, approximately 5,000 libraries as well as major truck stop distributors. The Company also has a growing print book division and just launched a film production and distribution division, Americana Entertainment, Ltd. ABOUT AMERICANA PUBLISHING, INC. Americana Publishing, Inc. is a vertically integrated multimedia publishing company whose primary business is publishing and selling audio books, print books and electronic books in a variety of genres. Sales of its products are conducted through the Internet as well as a distribution network of more than 35,000, retail stores, libraries and truck stops. According to the Audio Publishers Association (APA), annual sales of audio books are nearly $2 billion. Currently 42 million Americans listen to audio books and 58 percent of that group listen to more than 2 per month. The median income of listeners is $54,900 while the median age of male listeners is 41.9 and female listeners is 44.2 years. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. Contact George Lovato, Americana Publishing, Inc., 505-265-6121 -------------------------------------------------------------------------------- Source: Americana Publishing, Inc.