SANTA BARBARA, Calif., Feb. 2, 2005 (PRIMEZONE) -- In a release sent earlier under the same headline, please note the change from "Academy Award winning actress" to "Academy Award-nominated actress". The full corrected release follows:
Soleil Film, Inc. (Pink Sheets:SFLM) announced today that it has hired award-winning Director Jeff Celentano to direct the company's feature film, "Say it in Russian."
"This marks the beginning of production of the film and we anticipate that we will complete casting by mid-March, and be filming in May," according to Producer and Company President Kenneth Eade, "and we feel that Jeff Celentano will increase our chances of having a commercially successful film."
Former actor Jeff Celentano met with immediate success when he turned to directing in 1992. He staged South Africa's award-winning play "Soweto's Burning" in Los Angeles where his production attracted awards as well as was named the Los Angeles Times' "Pick of the Week" for three weeks running. Celentano's first film, the short "Dickwad," won both the "Best Original Comedy" award at the Houston International Film Festival and the Silver Award at the Philadelphia International Film Festival in 1994.
With numerous additional invitations, Jeff Celentano gained acceptance on the "festival circuit," winning a total of five awards, including Best Director. Jeff went on to direct Academy Award-nominated actress, Diane Lane, in the critically acclaimed "Gunshy," (1998), featuring William Peterson (CSI); and "Primary Suspect" (2000), starring William Baldwin. His most recent project was "Moscow Heat," (2004) starring Michael York and Adrian Paul (Highlander).
Soleil's unique business model for financing films is the only successful one presently in existence. The company's plan involves the issuance of company securities to finance its film projects. This gives investors a built-in exit strategy at the moment of their investment, and their investment risk is spread out over the company's entire library.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Soleil Film and Television, Inc., formerly AmeriDream Entertainment Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.