Los Angeles, CA, May 7, 2012 (GLOBE NEWSWIRE) -- Hannover House, Inc., (Pinksheets; HHSE), is building on recent sales successes with a ramped-up schedule of new titles for release to theatres, home video, video-on-demand and book media before the end of 2013. Eight theatrical titles, including the highly-anticipated animated feature "Toys in the Attic," will lead a release slate that totals more than sixty new titles, while still leaving Hannover House with room for additional theatrical, video and book acquisitions.
During 2011, Hannover House released only two films to theatres, and three titles to the home video market. Despite the light schedule, the company still posted significant gains in both sales and profits in 2011 over the previous year. The significantly ramped up Hannover House release schedule for 2012 and 2013 has fueled the enthusiasm that the company is likely to post significant revenue growth for each of the next two years.
"Over the past two years, we have been aggressive in our pursuit of acquisitions and production ventures to feed our distribution release schedule," said Eric Parkinson, C.E.O. of Hannover House. "The recent sales results from our enhanced release slate has proven the merits of both a higher-profile line-up, as well as a higher frequency strategy, especially for the home video and video-on-demand markets. The line-up for 2012 includes at least one major theatrical campaign, with two or three titles expected for national theatrical release next year. Our video strategy has at least one new release title every month, with catalog re-releases and multipack assortments mixed into the schedule to conform to budget placement opportunities with our major accounts. Overall all, we have more than sixty titles already slated, with room for additional theatrical and high-end video titles that may come our way."
Titles released by Hannover House during 2011 included the theatrical launch of "Turtle: The Incredible Journey" and the limited release of "Cook County," supported with the home video release of "Twelve", "Chelsea on the Rocks" and "Turtle: The Incredible Journey." During 2012, Hannover House has already surpassed 2011 year-end title count, with six titles already launched through mid-May (including the company's newest pre-order sales champion, "Humans Vs. Zombies"). During the last seven months of 2012, Hannover House plans to release a total of twenty-four additional titles.
"Toys in the Attic" is predicted to be Hannover's highest-grossing theatrical feature for 2012; "Mother Goose" has been pegged as the company's tent-pole theatrical release for summer 2013. Recently announced output agreements with Origin Cinema Group and Allegheny Image Factory will provide up to ten titles to Hannover House, and represent the second largest revenue-generating segment as forecasted by the company.
"We are pleased with the response and support from our major retailers, exhibitors and wholesalers to these current and upcoming titles," Parkinson continued. "Our strategy balances theatrical titles with a predictable up-side, with a solid, monthly line-up of targeted home video properties. We're consistently hitting singles and doubles, and positioning the company for the eventual home-run."
For more information on Hannover House, or to review the company's financials and disclosure filings, go to: www.OTCMarkets.com
Current & Upcoming Releases from Hannover House
THEATRICAL FEATURES (8)
TOYS IN THE ATTIC - Internationally acclaimed stop-motion animation epic, featuring the voices of Forest Whitaker, Joan Cusack and Cary Elwes. MAJOR RELEASE
THE WEATHER STATION - Skillfully crafted suspense thriller from director Johnny O'Reilly. LIMITED RELEASE.
ASALTO AL CINE - Sundance International Competiton title about disenfranchised youth in Mexico. LIMITED RELEASE.
THE CONSPIRACY - Period drama (Sony Pictures Europe) with Julia Ormond and Jason Isaacs. LIMITED RELEASE
BORRAR DE LA MEMORIA - Banned in Mexico, this powerful thriller exposes mass murder by the government. LIMITED RELEASE.
MOTHER GOOSE! - Major star cast expected for this epic fantasy adventure. MAJOR RELEASE.
PRIMATE - Sci-fi / Creature-Feature about a failed attempt to disprove the existence of bigfoot. LIMITED RELEASE
THE MOTHMAN CHRONICLES - A sci-fi thriller based on the legendary creature that has terrorized Pennsylvania and New Jersey. LIMITED RELEASE.
VIDEO / VOD RELEASES (10, plus the 8 theatricals)
Humans Vs Zombies - Theatrical release & Chiller TV Zombie Thriller.
Patient Zero - Sci-Fi Thriller from director Brian T. Jaynes.
Hostage - Possession-thriller from director Mike Yurinko.
Buried Alive - Horror-thriller from directors Kevin Clark & Manzie Jones.
Fathers of the Sport - Feature sports documentary about the history of the NBA.
Championship Soccer - Instructional sports video for youth soccer participants.
Dinosaurs Alive - Feature length documentary about dinosaurs, pegged for pre-teen market.
UFO's: The Definitive Truth - Feature length documentary that extensively researches subject.
The Great American Treasure Hunt - Video and Game competition with major sponsorship prizes.
Black Ops Predator Drone - Action Adventure feature.
DVD / BLU-RAY CATALOG MULTIPACKS (7, containing 32 features collectively)
Martial Arts Marathon - Nine full length martial arts feature films.
Family Movie Night Pack - Four pack of notable family film hits.
Thrills & Chills Pack - Four pack of horror films and thrillers.
Jules Verne Classics - Three pack of animated features on Jules Verne classics.
The Unexpendible Action Pack - Four pack of adeventure films featuring top action heros.
Antonio Aguilar Colecion - Four pack of Mexican Cinema classics starring Antonio Aguilar.
Thor & The Gladiators Pack - Four pack of Gladiator Epics, including Thor.
LIBRARY VENTURE RE-RELEASES
Plaza Ent. / Funco Library - 8 titles (examples: "Treasure Island", "Twisted")
FilmWorks Library - 3 titles (examples "Dream Team", "Nicholas' Gift")
Phoenix Ent. Library - 12 titles (examples "Dorm of the Dead", "Junior Mafia")
PRINTED BOOK RELEASES (3)
One of the Lucky Ones - Brenda Hancock's non-fiction account of a French Resistance fighter in WWII.
Sable Shore - James Danielson's provocative tale of murder, romance and a mid-life crisis.
Blind Vision - Vivian Kaplan's insightful perspective on Jews hiding behind non-Jewish ideologies.
ELECTRONIC / E-BOOK RELEASES (7)
Blood, Money & Power - Barr McClellan's best-selling expose' on the Kennedy Assasination.
Made in the USA - Barr McClellan's economic solution to restoring the Middle Class & US prosperity.
Quietus - Vivian Schilling's acclaimed best-selling thriller about near death experiences.
Sacred Prey - Vivian Schilling's award-winning debut novel about spirituality and time-travel.
One of the Lucky Ones - Brenda Hancock's non-fiction account of a French Resistance fighter in WWII.
Sable Shore - James Danielson's provocative tale of murder, romance and a mid-life crisis.
Blind Vision - Vivian Kaplan's insightful perspective on Jews hiding behind non-Jewish ideologies.
MULTIPICTURE PRODUCTION AGREEMENTS (10 titles)
Origin Cinema Group - six features (TBD) to be delivered over the next 24 - 36 months
Allegheny Film Factory - four features (3-TBD, plus "Mothman Chronicles), to be delivered over the next 24 - 36 months.
PROSPECTIVE PRODUCTION VENTURES (ANNOUNCED)
T3K - Pending rights licensing.
WILD OATS - Awaiting production start, or producer's option to buy-out HH interest.
VENGANCE: A LOVE STORY - Pending completion of financing through Patriot Pictures.
DANCES WITH WEREWOLVES - Awaiting action from producers regarding co-production funding.
DADDY'S LITTLE HERO - Production rights delayed pending probate settlement of writer.
SHADOW VISION - Production delayed until Feb. 2013 due to scheduling priorities.
Above list excludes titles not previously announced or otherwise disclosed, and may not list all of the titles likely to be released by Hannover House between now and the end of 2013. Titles and release dates are subject to change.
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.