London-based sales company Lumina has sold its Sundance hit thriller Donkey Punch to Magnolia Pictures' Magnet Releasing genre label for North America.

Optimum has the UK rights and will release this summer.

The deal was negotiated by Magnolia SVP Tom Quinn and director of acquisitions Dori Begley with Lumina's Samantha Horley and Miles Ketley of law firm Wiggin.

Donkey Punch was launched through Lumina's thriller label Panic Attack and is having its market premiere here at EFM. Olly Blackburn directed from a script he wrote with David Bloom.

The film follows sexy young people who meet while visiting the Meditteranean, but an accident aboard a yacht forces them to fight for survival.

Donkey Punch is the first feature to come through Warp X, the low-budget digital film studio from the UK Film Council, Film4, EM Media, Screen Yorkshire and Optimum.

Angus Lamont, Robin Gutch and Mark Herbert produced for Warp X. Executive produces are Peter Carlton, Lizzie Francke, Hugo Heppell and Will Clarke.

'We were immediately blown away upon seeing this at Sundance. Debut director Olly Blackburn, and the incredibly young, hot talented cast deliver just the punch to the neck horror fans will appreciate,' said Quinn.

Magnet's other forthcoming releases include The Signal, Big Man Japan, Eden Log, Severed Ways, Triangle, Boarding Gate and Not Quite Hollywood.

Warp X's other projects include another Sundance title, Chris Waitt's A Complete History Of My Sexual Failures, as well as Mark Tonderai's Hush, Jonathan Caouette's All Tomorrow's Parties (both in post), and Paul King's forthcoming shoot Bunny And The Bull.