Newhaven Media Completes Acquisition.CALGARY, Alberta--(BUSINESS WIRE)--April 13, 1998--Newhaven (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :NHV NHV New Hungarian Voice (Vancouver Hungarian paper) NHV Norddeutscher Handball Verband NHV Normal Healthy Volunteer (clinical trials) ) Carlo M. Shimoon, president and chief executive officer of NEWHAVEN MEDIA INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . announces that the company has successfully completed the acquisition of all the shares of Take 5 Productions Ltd. which carries on business under the name of CINEPOST. The acquisition has received regulatory approval and successful completion of the due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. review has been conducted by the Corporation. CINEPOST is one of Western Canada's respected resources for film, video and multi-media production. Located in Saskatoon Saskatoon (săskət  n`), city (1991 pop. 186,058), S central Sask., Canada, on the South Saskatchewan River. , Saskatchewan, the CINEPOST team has been serving the communications industry since 1983. "The Rink" which was produced and directed by CINEPOST starring Swiss Family Robinson's Chris Wiggins was aired on CBC (1) (Cell Broadcast Center) See cell broadcast.(2) (Cipher Block Chaining) In cryptography, a mode of operation that combines the ciphertext of one block with the plaintext of the next block. nationally on December 24, 1997. CINEPOST offers a range of services which include the production of dramatic and documentary programs, commercial, and marketing/training videos. "We feel that our joining Newhaven Media has strengthened our position in the marketplace and increased our marketing clout dramatically. As a result of the increased market share we have demonstrated significant growth in our quarter to quarter performance," said Mr. Wally Start, manager, video division. "The acquisition of CINEPOST will help us advance our goal of establishing Newhaven Media as a major North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. new media and communications services provider generating superior shareholder return," said Mr. Shimoon. NEWHAVEN MEDIA INC. was founded in 1997 to satisfy the needs of the new media markets. Through its operating subsidiaries, located in Calgary, Saskatoon and Regina, Newhaven Media provides services and solutions spanning digital imaging, video and film post-production, pre-press, computer generated animation, special effects, digital photography and multimedia. Newhaven Media Inc. is traded on the Alberta Stock Exchange under the symbol NHV. -0- THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. CONTACT: Newhaven Media Inc. Carlo M. Shimoon 403/777-4760 403/777-4764 FAX |
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