Devine Entertainment in New Deal With Feature Films for Families.Business Editors TORONTO--(BUSINESS WIRE)--May 21, 2002 Specialty Marketer to Sell "The Composers' Specials" Videos Devine Entertainment Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DVN DVN Digital Video Network (Internet2) DVN Digital Value Network DVN Diploma in Veterinary Nursing DVN Device Number ) today announced that it has signed a new deal with Feature Films For Families, a Utah-based specialty marketer, to distribute "The Composers' Specials" videos through direct mail and telemarketing to its customers in the United States and Canada. The contract term begins immediately and will terminate on December 31, 2003. With this single transaction Devine is guaranteed a minimum sale of CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $175,000, equal to approximately 20% of the Company's video revenues for all of 2001. "We are pleased to extend our successful relationship with this unique telemarketing distribution company which achieved its ambitious sales targets for our Inventors' and Artists' Specials videos," said David Devine, President and 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. of Devine Entertainment. Devine Entertainment Corporation is a five-time Emmy Award-winning global producer and distributor of children's and family entertainment. The Composers', Inventors', and Artists' Specials are currently broadcast in over 50 countries. Headquartered in Toronto, the Company's common shares trade on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. , trading symbol DVN, and OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). in the U.S. under symbol DVNNF. The Company's corporate website is www.devine-ent.com. The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein. |
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