TORONTO, June 12 /PRNewswire/ --
New Cinema Partners Inc. (OTC Bulletin Board: NCPP) is proud to announce the appointment of a new Chairman of the Board and Chief Executive Officer (CEO), Mr. Damian Lee. At the same time, the Company has acquired 100% interest in Stone Canyon Pictures, a successful entertainment development and holding company founded, inspired and operated by Mr. Lee.
New Cinema intends to enhance and grow its interests in family entertainment. The addition of Stone Canyon Pictures adds a new dimension to the overall corporate strategy. Stone Canyon holds an undivided 100% interest in a substantial inventory of intellectual and completed film properties which is currently being evaluated and will become an asset of New Cinema Partners, Inc.
Damian Lee is one of Canada's most prolific and commercially successful independent film producers. His track record also incorporates major writing and directing credits. Mr. Lee has developed a strategy to incorporate traditional filmed entertainment with Internet and e-commerce applications for New Cinema.
His selected writing and/or producing credits include Watchers for Universal, which went into three sequels; Ski School, a perennial teen favorite, which also went into sequel; Death Wish V, starring Charles Bronson; Jungle Boy; Baby on Board starring Judge Reinhold and Carol Kane and Fun, which won two Special Jury Awards at the Sundance Film Festival.
His directing credits include Ski School; Trail of a Serial Killer starring Chris Penn and Michael Madsen; Last Man Standing; Food of the Gods.
He recently completed Woman Wanted, which won Best Picture in the Slam Dunk Festival at the Sundance Film Festival this year, starring academy award winner Holly Hunter, Kiefer Sutherland and Michael Moriarty; Mercy starring Ellen Barkin and Peta Wilson and Captured starring Dolph Lundgren.
Currently he is producing and directing Legion for Lions Gate, a $6.5 million thriller set in Costa Rica and starring Dolph Lundgren and Armand Assante; producing Envy, a $7 million comedy with Lions Gate, starring Damon Wayans and he is producing/directing, with Steven Seagal, Blood on the Moon, a $22 million action thriller, which also features Steven Seagal in the lead role.
He is now completing post production on the literary classic Crime and Punishment starring Academy Award winner Vanessa Redgrave, John Hurd and Crispin Glover. The picture is intended to premier at the Moscow Film Festival this summer.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the proceeding discussion, the words "plan," "confidant that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any forward-looking statements.