NEW YORK, Feb. 25, 2009 (GLOBE NEWSWIRE) -- China Digital Animation Development, Inc. (OTCBB:CHDA) announced that it has signed a contract with Singapore's Monstrou Studio PTE Ltd. to co-invest and co-produce a full-3D animated movie and animated series. The movie and series, "Tritans," will not only be produced in 3D, but it will feature a trio of another sort, namely, it will be simultaneously produced in three languages: English, Chinese, and Malay. The government of Singapore has expressed its excitement in this multilingual and multinational venture by partially investing in the production.
The contract calls for both a movie and two thirteen-part animated series, the beginning of which will be completed by the end of November. The parties have agreed to describe the program as being presented by "MONSTROU STUDIO PTE LTD, the Media Development Authority of Singapore, and China Digital Animation Development, Inc."
Notably, most aspects of the production will be completed in China. China Digital Animation Development CEO Fu Qiang comments: "Our company is focusing not only on outsourcing and post-production services, but also complete start-to-finish animation. 'Tritans' is our first step in that direction, and will provide future partners with a testament to our skills and capabilities." The Chinese government has encouraged local animation companies to produce original productions, and has offered grants to stimulate these productions. Mr. Fu Qiang, China Digital Animation Development CEO, states: "We believe that we are well-situated to take advantage of these favorable policies, and are working to initiate other original productions."
About China Digital Animation Development, Inc.
China Digital Animation Development Company is the first China-based digital animation development company publicly listed in the U.S. It currently operates in three locations: Harbin and Beijing in The People's Republic of China and New York in the U.S. Harbin is one of the largest animation development centers in China. The Company operates an animation development skills training center, and is engaged in animation data post-stage processing, animation outsourcing, and information transmission services. The training center, located in Harbin, China, provides its students with different kinds of animation skill training programs such as Motion Graphics, Product Modeling, Character Animation, etc. Graduating students earn an Associate Degree diploma. At the same time, the Company will provide the job placement to its graduates throughout its own workplace or its extensive network in the industry, such as advertising companies, film production studios, and game production studios. The Company's technical team has extensive experience in animation production and outsourcing. Its customers came from Beijing, Shanghai, Shenzhen, Hollywood, etc.