NEWS RELEASE! NEWS RELEASE! NEWS RELEASE! For Immediate World Wide Release: March 7th, 2005
To all of our shareholders, customers, and clients located in all parts of the world, we are pleased and delighted to announce that the merger between Echelon Entertainment, Inc., RGH/Lions Share Pictures, Inc., and Singa Home Entertainment Inc., has been completed into Supervision Entertainment, Inc., a U.S. public company. (Ticker Symbol: SVET)
The result of the merger, which has been almost three years in the making, has been to see a dramatic increase in the value of the Echelon group of companies as the library and customer base has been expanded significantly. The merger has resulted in a company that is now worth $120 million dollars, and a company that grew almost 60% in net value during the 2003/4 fiscal year. The continued acquisition of worldwide library materials over the next year should result in continued growth and value for the company. The goal of Supervision Entertainment, Inc., is to double its present value in the current 2005 fiscal year by continuing an aggressive acquisition program of successfully run businesses with excellent management in place.
Current customers for Echelon Entertainment and its affiliated companies such as Singa Home Entertainment that provide product to hi-profile companies as HBO, BRAVO (Canada), Showtime Networks, Netflix, CinemaNow, Lifetime, Ingram, MTI, BCI Eclipse, BBC, M2B World, Comcast, Chum, KaBoom, and many others.
The Echelon Entertainment group of companies are on the verge of exploding into new and exciting markets encompassing new technological delivery systems. This will also include music and music publishing by independent musicians from around the world. The first IMA music awards show (Independent Musicians Association) is planned for televising in Los Angeles 2007, and will represent musicians from around the world. It will be the first global music awards show of its kind ever held.
We encourage all our clients, customers and shareholders to participate in our growth by contacting their stockbrokers and acquiring early positions in Supervision Entertainment, Inc., (Ticker Symbol: SVET). For those interested in acquiring stock in the U.S.A. please contact ACAP Financial, Attention Mike McGuire Tel: 801-364-6650. For further information please contact: superv0007@hotmail.com
All statements other than historical fact included in this press release are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward looking statements about the companys future expectations, including future revenues and earnings and all other forward looking statements (ie. Future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and facts that are subject to uncertainties, risk and other influences, which are outside the companys control and which may yield results differing materially from those anticipated. This news release is not a solicitation or an offer or sale of securities. All prospective shareholders must perform their own due diligence and consult with their own advisers as to the merits, risks and losses that may arise from any such purchase.