SOURCE: Stereo Vision Entertainment Inc.
January 27, 2011 07:01 ET
Stereo Vision Named AEI's Exclusive 3D Event Producer
HOLLYWOOD, CA--(Marketwire - January 27, 2011) - Stereo Vision Entertainment Inc., (PINKSHEETS: SVSN) announced today that they have been named the exclusive 3D event producer for American Entertainment International (AEI).
Stereo Vision's CEO Jack Honour stated: "This agreement extends our reach into another sector of the 3D industry. With it, Stereo Vision now has four 3D income streams: our major motion picture properties, 3D sports and 3D TV motion graphics from our wholly owned subsidiary Rezn8; (http://rezn8.com) and a real-time rendering presentation system from Rezn8's spin off company Instant Effects (http://instanteffects.com).
"AEI promoted the first concert ever by a Western Superstar in Mainland China, selling out 56,000 seats with Mariah Carey in Shanghai. AEI has worked with a virtual who's who of concert attractions including The Rolling Stones, Celine Dion, Elton John, Paul McCartney, etc. AEI has a strong and long standing business relationship with the Chinese government, which in these times is important in any industry.
"As was stated by Samsung's CEO at the recent CES in Las Vegas, what's needed most for the tidal wave of 3D exhibition technology that's on the way is content. Stereo Vision will continue to leverage all its 3D content opportunities in its ongoing efforts to add shareholder value."
AEI's President Marc Berman added: "We have some major concerts and sporting events in the works and we're looking forward to collaborating with the talented team at Stereo Vision in the capture and delivery of our events in 3D."
American Entertainment International (AEI) - AEI was formed by serial entrepreneur and iconic inventor, Stereo Vision principal partner Robert S. Block, and famed live event promoter, Marc Berman, to provide booking and production services internationally. AEI's partners have produced major concerts, theatrical shows, boxing, extreme sports, NFL football and NBA basketball games throughout world.
Stereo Vision Entertainment Inc. - (SVE) (http://stereovision.com) Headquartered in Van Nuys, California, SVE is publicly traded company focused on the delivery of high-quality, low-cost 3D entertainment content. SVE's business is driven by the acquisition and production of cutting edge 3D media assets. Responding to the incredible growth and demand for digital 3D content, Stereo Vision is developing a wide variety of digital 3D entertainment properties for these new and rapidly expanding distribution platforms.
Safe Harbor Statement: Except for historical information, this news release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended.