Devine Entertainment CEO Completes European Roadshow after Meetings with Institutional Investors in UK and Switzerland.CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. David Devine Details Company's High-Growth Business Model and Affirms Strategic Plans for Revenue Growth TORONTO -- Devine Entertainment Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DVNNF), seeking to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the burgeoning global demand for high quality film and television content, has announced the completion of a European Roadshow in which David Devine, Chief Executive Officer, met with institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. and other investment professionals as part of ongoing initiatives to increase the Company's visibility among major investors worldwide. Mr. Devine hosted a series of meetings with investors, analysts and portfolio managers based in London in the United Kingdom, and in Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. and Zurich in Switzerland. He presented Devine's latest financial results, which showed record revenues and earnings, as well as the Company's strategic goals to generate high-growth revenues in the worldwide entertainment industry. "We held fruitful and encouraging meetings with many investment professionals who are interested in Devine's track record and our plans for continued growth," said Mr. Devine. "Because Devine Entertainment is a globally oriented company we are committed to building investment support throughout the international financial community. I was gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to find such strong interest among the investors in the United Kingdom and Switzerland." During the meetings, Mr. Devine updated investors on the Company's recently announced Q3 2007 financials, which showed revenues for the nine months ended September 30, 2007, increasing by more than $5,633,107 to $5,996,636, reflecting an increase of approximately 1,550% as compared to $363,529 for the same period in 2006. Additionally, Mr. Devine discussed the recently initiated coverage by Murphy Analytics, an independent fee-based equities research firm, which has projected a 12-month share price target of $0.50 for Devine Entertainment. About Devine Entertainment Devine Entertainment Corporation develops, creates, and produces award-winning television programming and feature films for worldwide distribution across multiple TV broadcast networks, cable and satellite networks, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and Internet markets. Specializing in cultural and educational programming as well as prime-time drama and comedy entertainment programming, the Company's titles have garnered more than 120 international film and television industry awards, including five Emmy and five Gemini Awards. The Company partners with leading international distributors, broadcasters and co-producers, such as Sony BMG Sony BMG Music Entertainment, Inc. is the result of a 50/50 joint venture between Sony Music Entertainment (part of Sony) and BMG Entertainment (part of Bertelsmann) completed on August 5, 2004. , Rogers Media Rogers Media Inc is a subsidiary of Rogers Communications Inc., which owns Canada's largest publishing company, Rogers Publishing Limited, which has more than 70 consumer and business publications. Rogers Media Inc. and The Carrere Group of France, to produce and distribute its award-winning film and television titles. Among Devine's critically acclaimed productions are its cultural and educational film series on history's landmark Composers, Inventors and Artists, which have been broadcast in more than 50 countries. The Company continues to expand its proprietary library of high-quality film and television content. Among its general-audience primetime programming is the acclaimed one-hour mystery series, "Across the River to Motor City It may contain non-definitive information based on commercials, a website or interviews. ," delivered to broadcasters worldwide in 2007. Headquartered in Toronto, the Company's common shares trade on the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTCBB market in the U.S. under the symbol DVNNF, and on the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. under the ticker 3TD. The Company's corporate website is www.devine-ent.com. Investor-specific information and resources: http://www.trilogy-capital.com/tcp/devine. View current stock quotes and news: http://www.trilogy-capital.com/tcp/devine/quote.html. Investor Fact Sheet: http://www.trilogy-capital.com/tcp/devine/factsheet.html. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release may contain forward-looking statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future performance of Devine Entertainment Corporation. Forward-looking statements, specifically those concerning future performance and the achievement of operating profitability are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include the market acceptance of the Company's products and services; competition within the film and entertainment industry and the introduction of new entrants and/or products in the Company's markets; adverse changes in governmental regulations and policies affecting the film and entertainment industry; product development risks and risks of technological change; the risk of unanticipated expenses; and other risks and uncertainties all as described in the disclosure documents filed with securities regulatory authorities in accordance with applicable securities laws. Readers are cautioned that the foregoing list of factors is not exhaustive. Although the Company believes that the expectations conveyed by the forward-looking statements are reasonable based on information available to it on the date such forward-looking statements are made, no assurances can be given as to future results, levels of activity and achievements. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. |
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