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Corporate Profile for World Wide Motion Pictures, dated May 26, 2000.


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--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-


Published Date:   May 26, 2000

Company Name:     World Wide Motion Pictures Corporation

Address:          2120 Main Street, Suite 180 (Executive Offices)
                  Huntington Beach, CA 92648

Main Telephone
 Number:          (714) 960-7264

Internet Home
 Page Address
  (URL)           www.wwmpc.com

Chief Executive
 Officer:         Paul D. Hancock

Chief Financial
 Officer:         James J. Aitken, CPA

Investor Relations
 Contact:         Michael Maghini
 Business number: (714) 960-7264
 E-mail address:  wwmpc@earthlink.net

Public Relations
 Contact:         Brian Patnoe
 Business number: (714) 960-7264
 E-mail address:  wwmpc@earthlink.net

Industry:         Entertainment (Film & Television)

Trading Symbol/
 Exchange:        OTC-EBB: WWMP

      Market Makers: Primary - Citadel Securities, J. Alexander
Securities, Olsen Payne & Co.


Company description: World Wide Motion Pictures Corp. is a publicly held, diversified diversified (di·verˑ·s  corporation founded in 1977, whose principals have extensive experience in the entertainment industry, business, law and finance. Management's mission objectives encompass the continual acquisition and expenditure of substantial capital for feature film and television development, production and marketing and diversified corporate growth. The corporation maintains an elaborate network of Wall Street, financial, administrative, legal and film industry professionals which has continued to increase in size and scope since its inception.

The corporation maintains 4 Board designated committees including executive, finance, audit, and personnel, and 4 operating committees including production and product development, standards, experimental features, and special projects, all of which comprise a 19 member board of directors. The media production executives of the corporation have developed, produced and consulted on numerous feature films, documentaries
  • 14 Up in America (1998, Phil Joanou)
  • 14 Up Born in the USSR (1998, Sergei Miroshnichenko)
  • 4 Little Girls (1997, Spike Lee)
  • 7 Up in South Africa (1992, Angus Gibson)
  • 21 Up (1977, Michael Apted)
  • 28 Up
, short subjects, industrial films, and television productions. They have earned national and international film and television production awards over the past thirty years including Academy Awards; Emmy awards Emmy award

Annual presentation for outstanding achievement in U.S. television. Its name is taken from the nickname “immy” for the image orthicon, a television camera tube.
; Drummer awards; Cleo CLEO - Clear Language for Expressing Orders  awards; and gold, silver and bronze medals from various international film festivals.

The corporation's film & television production philosophy and corporate strategy has consistently been Cost Control, Wide Range of Genre genre (zhän`rə), in art-history terminology, a type of painting dealing with unidealized scenes and subjects of everyday life. Although practiced in ancient art, as shown by Pompeiian frescoes, and in the Middle Ages, genre was not recognized , Continual Flow of Product, Moderate Budgets and Superior Quality which management strives to demonstrate in the film and television projects and corporate scenarios developed, produced or marketed by the company and its affiliates over the past two decades. In this regard, management is continuously in the process of pursuing a series of ongoing financings for the production and distribution of various feature film and television projects to be produced both nationally and internationally.

Because of the company's growth and diversification Diversification

A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance.

Notes:
Diversification is possibly the greatest way to reduce the risk.
 over the past 20 years including stock exchange listings and acquisitions and mergers of various private and public corporations in new and diverse industries, management has utilized a wide variety of financing techniques. Separate business, cost controlled centers are used to minimize the inhibiting in·hib·it  
tr.v. in·hib·it·ed, in·hib·it·ing, in·hib·its
1. To hold back; restrain. See Synonyms at restrain.

2. To prohibit; forbid.

3.
 of the creative originator's projects by corporate bureaucratic bu·reau·crat  
n.
1. An official of a bureaucracy.

2. An official who is rigidly devoted to the details of administrative procedure.



bu
 intervention A procedure used in a lawsuit by which the court allows a third person who was not originally a party to the suit to become a party, by joining with either the plaintiff or the defendant. , ultimately allowing greater profit potential for the project investor and corporate stockholder.

Most recently the company has been involved in a variety of feature film and television productions including the financing, packaging, producing/co-producing, and marketing of product in all formats, budget range, and genre. In order to increase revenue potential and ultimately shareholder value, management has also aggressively pursued the acquisition of film and video product for the company's motion picture and television library which encompasses a wide variety of over 275 feature film, documentary documentary: see motion pictures.
documentary

Fact-based film that depicts actual events and persons. Documentaries can deal with scientific or educational topics, can be a form of journalism or social commentary, or can be a conduit for propaganda
, docudrama and television productions of various lengths and subject matter.

In an effort to expand the scope of the corporation's involvement in entertainment and communication industries related ventures, subsidiary entities are being analyzed an·a·lyze  
tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es
1. To examine methodically by separating into parts and studying their interrelations.

2. Chemistry To make a chemical analysis of.

3.
 relative to acquisitions or formed to take advantage of the burgeoning interactive revolution with its emergent emergent /emer·gent/ (e-mer´jent)
1. coming out from a cavity or other part.

2. pertaining to an emergency.


emergent

1. coming out from a cavity or other part.

2. coming on suddenly.
 new technologies and tremendous global growth potential including the demand for continued entertainment, information, and educational software.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 26, 2000
Words:625
Previous Article:Corporate Profile for Merck & Co., Inc., dated May 26, 2000.
Next Article:Corporate Profile for Integrated Silicon Systems, dated May 26, 2000.



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