HOLLYWOOD, Calif., March 15, 2004 (PRIMEZONE) -- CinemaElectric Inc. (OTCBB:CINM) announces the launch of its PocketCinema(TM) mobile video content offerings via leading operator T-Mobile in the UK, Germany, Netherlands, Austria and Czech Republic, a total market of over 40 million mobile subscribers.
CinemaElectric is a Hollywood-based producer of mobile entertainment and services. PocketCinema(TM) is a downloadable motion picture that can be played on many Nokia, Sony Ericsson, Siemens and other mobile phone terminals. The deal includes all current CinemaElectric video content lines, such as ACTION SPORTS, ELECTRIC CATWALK, MOVIE MESSAGES and HOLLYWOOD GIRLS. The video is downloaded via T-Mobile's "t-zones" service and can be collected and re-played on select GPRS handsets, and shared with friends via MMS or email. Each PocketCinema(TM) file is under 90kb in size. The extremely small motion picture files size is produced using CinemaElectric's proprietary Dense Media Format(TM) technology. The motion pictures are from 10 to 25 seconds in length, depending on subject matter and frame rate. Video prices are currently GBP 2.45 in the UK per download and EURO 1.99 in Germany. Mobile video phones are in early stages of adoption but sales are growing rapidly and will further accelerate as consumers continue to upgrade old mobile phones for new multimedia color terminals.
CinemaElectric owns what is believed to be the world's largest library of formatted multimedia and video content for mobile devices. The company has a special focus on video content for mobile phone playback, both in the current 2.5G environments and into advanced, high-speed 3G networks.
ABOUT CINEMA ELECTRIC: CinemaElectric is a wireless services company and a leading provider of multimedia entertainment for mobile devices. The Hollywood-based studio's product is currently distributed in more than 35 countries in five continents.
Website: http://www.CinemaElectric.com
ABOUT T-MOBILE: T-Mobile International is one of the world's leading companies in mobile communications. As one of Deutsche Telekom's four strategic divisions, T-Mobile concentrates on the most dynamic markets in Europe and the United States. By the end of the second quarter 2003, more than 87 million people were using the mobile communications services provided by companies in which T-Mobile or Deutsche Telekom have a majority or minority stake.
"SAFE HARBOR" STATEMENT
This Press Release may contain forward-looking statements, including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given.