Pacificap Anticipates Success With Its First Film


SAN DIEGO, Nov. 29, 2005 (PRIMEZONE) -- Pacificap Entertainment Holdings, Inc. (PFEH) (www.pacificapentertainment.com) is pleased to announce that its co-producers, Acme Films, have hired Academy Award-winning film editor Doug Abel to work on their first collaborative effort, "American Cannibal." Mr. Abel was editor of "The Fog of War," which won the Oscar for best documentary last year.

"American Cannibal" is the first film financed by Pacificap Entertainment. President of the company, Ed Litwak, stated, "We are pleased to have Mr. Abel as part of this project. We have high expectations for this film, and we are sure Mr. Abel's editing talents will only enhance the ultimate success of 'American Cannibal.' We are expecting news very soon about this film at the Sundance Film Festival. We are also expecting invitations from film festivals in Europe within the next two weeks."

The statements made by Pacificap Entertainment Holdings, Inc. (the Company) may be forward-looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe the company's future plans, projections, strategies and expectation, and are based on assumptions and involve a number or risks and uncertainties, many of which are beyond the control of Pacificap Entertainment Holdings, Inc. Actual results could differ materially from those projected due to changes in interest rates, market competition, changes in the local and national economies and various other factors. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date hereof to reflect the occurrence of unanticipated events. Please refer to the Company's filings with SEC for additional information regarding risks and uncertainties listed from time to time in such SEC reports. Copies of those filings are available through the SEC's electronic data gathering analysis and retrieval system.



            

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