LAKE ARROWHEAD, Calif., Sept. 10, 2004 (PRIMEZONE) -- Stampede Entertainment Inc. (Pink Sheets:SPDI) announced today it has entered into a Letter of Intent with AGS Studios. Stampede Entertainment will acquire AGS Studios as a wholly owned subsidiary.
AGS Studios is a Mexico based corporation, currently co-owned by Jose Rojas, one of only five partners in Deloitte, Mexico, and Jeff Speakman. AGS Studios is involved in international film and commercial productions and has secured subsidization from the Mexican government. AGS Studios' principals have a close working relationship with the Governor and other officials in Aguascalientes and have secured their full cooperation for any film production needs. This subsidization includes travel, lodging accommodations, police services and location use for all film projects.
About Stampede Entertainment, Inc.
Stampede Entertainment, Inc. is a film, television and multi media production company specializing in lower budget genre films and productions designed specifically for the commercial world market of today. Jeff Speakman (jeffspeakman.com) is the president and head of operations for SPDI, bringing over 15 years of experience both in front and behind the camera allowing us to keep the budgets in line and the production value high. For official information on the company or the events above, visit our web site at www.jeffspeakman.com or call 505-301-7891.
This news release contains forward-looking statements within the meaning of Section 37 A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934 of the United States. These forward-looking statements involve risks and uncertainties. The company undertakes no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise.