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


To: barbara sperino who wrote (904)6/8/1998 10:03:00 AM
From: David Sirk  Read Replies (1) | Respond to of 2211
 
I have mixed emotions right now. On the one hand I'm glad no one jumped on the release, I have bought 1/2 of the shares that have traded so far!. On the other hand I'm sitting here thinking WHERE IS EVERYBODY?!



To: barbara sperino who wrote (904)6/8/1998 10:24:00 AM
From: James E Lynch  Respond to of 2211
 
Monday June 8, 7:30 am Eastern Time

Company Press Release

SOURCE: New Visual Entertainment, Inc.

New Visual Entertainment, Inc. Announces Production Launch in Belize

LOS ANGELES, June 8 /PRNewswire/ -- New Visual Entertainment, Inc. (0TC Bulletin Board: NVXE) is pleased to
announce to their shareholders and the general public, ''Belize; The Surprise Frontier,'' an NVX Tru-3D film production. As of
this date, New Visual has received initial funding for the film and on Friday our director of production, the highly esteemed
Herb Lightman, along with the very talented Dave Ogle, our underwater cameramen, leave for Belize. They'll rendezvous with
internationally known shipmaster, Captain Bill Dyer and his wife Linda, both dive masters, and their 55' schooner.

All of the underwater, and most of the landscapes, will be shot from the Dyer vessel. New Visual has commissioned Captain
Dyer and his schooner to sail to Belize, where they now wait for director Lightman and his crew. Among others, joining
director Lightman, will be the master of this genre, Chris Condon, the father of 3D, and his very respected right hand, John
Rupkalvis, whose work was publicly commended by James Cameron for assisting him on the shooting of Terminator II 3D with
Arnold Schwartzenager at Universal City in Orlando. Also expected is the legendary John Lamb, director of underwater
photography, going back to the original underwater television show, ''Sea Hunt.'' For 12 years, Mr. Lamb was director of
underwater photography for Paramount Studios with a list of underwater 2D and 3D credits far too long to cover today.

Filming should be complete in one month, and approximately two months after that, the film should be ready for licensing.

Also, New Visual is extremely proud and excited to announce a sponsor with instant worldwide recognition for quality
products. Hawaiian Tropics, the world's leader in the research of sun protection, has come on board and provided what was
necessary to launch the project. Basically, ''Belize; The Surprise Frontier'' is a documentary. New Visual will utilize Hawaiian
Tropic's state-of-the-art 45 plus sunblock lotion and 15 plus sunblock lotion (both of these waterproof sun protection products
are recommended by the Skin Cancer Foundation) as educational tools, using NVX off-screen effects, which studies have
proven to be the most effective teaching method.

New Visual will work with Hawaiian Tropics to promote a common sense approach to sun protection. With letters of intent
from Sea World in Australia and Knotts Berry Farm in California, among many others, to license our NVX Tru-3D films, it is
generally agreed that these locations will have the perfect demographics within which to debut this film.

In view of an estimated 4,500 existing 3D theaters worldwide and the fact that New Visual has historically been paid
$5,000+/month per venue for licensing fees, the Company is very optimistic about the earning potential for ''Belize; The
Surprise Frontier.''

New Visual Entertainment, Inc. is a true stereo 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.