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Brea Bennett at Twistys

April 02, 2001 07:48am
Playboy Entertainment Group Aligns With Full Moon for Two Original Movies
Source: Playboy Entertainment Group, Inc.
by: Company Press Release

(BEVERLY HILLS, CA)-- Playboy Entertainment Group, Inc., a subsidiary of Playboy Enterprises, Inc. (NYSE:PLA - news), has signed a deal with Full Moon Universe, Inc. (OTC-BB:MOON - news) to produce two erotic features that will begin production this month.

The films, being shot domestically and on locations in Europe, will be under Full Moon's subsidiary, Surrender Cinema. The world-wide television and video-on-demand rights will be retained by Playboy TV Networks while Full Moon will keep the home video and DVD rights.

``I have a 20 year professional history with Charles Band, and I am proud to create an association with his company and ours,'' said Jim English, President, Playboy Entertainment Group, Inc. ``I know that Surrender Cinema will deliver unique, sexy and compelling movies that our audiences will enjoy. We'll be utilizing Full Moon's advanced imaging technology to create amazing effects. And filming in various global locations brings added value to the product for our partnership with Playboy TV International.''

Charles Band, Chairman and founder of Full Moon, commented, ``We're delighted to have the opportunity to join forces with Playboy in bringing Surrender Cinema's high quality erotica to a larger audience worldwide.''

``Castle Eros'' (working title) will be shot in Italy and other European locations. An ancient castle becomes the enchanted location where visitors' erotic longings are fulfilled. But were they dreams or reality? Computer generated animation and images will bring this sensual tale of fantasy to vivid life.

``Passion Lane'', a contemporary story about a weekend bacchanal where guests role-play in an unscripted--and uninhibited--story, will be filmed on location in the Los Angeles area.

Both films will air later this year on Playboy TV's networks around the world and will be available through the newly announced Instant Access video-on-demand service offered by the networks in North America.

Playboy TV is a premium subscription and pay-per-view television network of the Playboy Entertainment Group, Inc., the world's leading producer and marketer of branded adult entertainment. Playboy TV is available in more than 20 million cable households in the U.S. and Canada and to over 9 million home satellite owners via DirecTV and Echostar. In Canada, Playboy TV is available through many CATV systems including Shaw Communications, Rogers, and Videotron cable systems and ExpressVU and Star Choice satellite systems. Playboy TV International offers over 1,300 hours of high-quality adult programming to 135 territories, with networks in Japan, the United Kingdom, Latin America, Scandinavia, Portugal and Spain.

Full Moon, an established content provider in the entertainment industry that became a publicly traded company in January, 2001 (OTC-BB:MOON - news), produces 20-30 films per year that premiere direct to video for companies like Blockbuster Video, Inc. (NYSE:BBI - news) and Hollywood Video (NYSE:HLYW - news), ranging from its distinctive horror and sci-fi franchise titles such as the PUPPETMASTER, TRANCERS and SUBSPECIES series to its acclaimed erotic films by subsidiary Surrender Cinema. These films receive extensive exposure via such cable networks as HBO, Showtime and the Sci-Fi Channel. The Full Moon toy division manufactures its highly successful line of action figures which it markets both through its own Fullmoontoys.com Web site and through mass merchants such as Spencer Gifts (with whom it has an exclusive agreement) and Kay-Bee Toy Stores. The Company has an extensive library containing over 150 films, complemented by a line of merchandise including compact discs, T-shirts, caps, sweatshirts, trading cards, posters and other paraphernalia. See Fullmoonpictures.com and Fullmoontoys.com for more information.

This release contains forward-looking statements that may involve known and unknown risks, uncertainties and other factors that may cause Full Moon's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements.

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