Stanley's Girlfriend, a segment from DarclightFilms' Trapped Ashes horror anthology, has been selected to play inofficial selection at Cannes in the short film programe.
Directed by Monte Hellman, Stanley's Girlfriend isone of five stories in Trapped Ashes alongside offerings from Joe Dante, Ken Russell,Sean Cunningham and JohnGaeta.
Darclight Films will be in Cannes selling rights to Stanley's Girlfriend, which centres on a pair of friends whose bond isbroken by a betrayal with unforeseen consequences.
Darclight Films, thegenre division of Arclight Films, handleshandled such titles as Wolf Creek, Perfect Creature, SPL and Hood Of Horror.

For Immediate Release

contactContact: Jim Walker

818-788-4050 ext.315

DR A F T 3.1 - JS - 042506 V.1

YorkEntertainment To Open $50 Million Production Slate

ToOutside Investors

Sherman Oaks, CA - May 1Apr.'', 2006 - York Entertainment today announced that, for thefirst time in its 175-year history, the cCompanywill begin accepting up to $50 million in external financingoutside investors for anexpandedtheir current slate of forthcoming feature filmproductions, including 'BigBad Boogeyman' and '10,001 Scarecrows'.A total of . The York 2006 - 2007 slate contains 30 Action, Family, Horror, Western & Martial-Arts titles --, b allbudgeted at between $250,000and $5 million each --, will be available at andis available to investors ina$250,000investment unitsminimumper investor.

After financing and producing 30 movies herself, and financing another 18, York founderPresident and CEO Tanya York has perfected the 'better,faster, cheaper' businessmodel for profitable film production, with guaranteeddistribution.. 'I've been approached with manyoutside investment offersin the past, but until now I'veturned them all down,'stated Ms. York'We have a terrific slate of amazing films underdevelopment thatdeserve to be made now, while the market is right, so I'm thrilled to allowoutside investors the opportunity to participate' exclaimed Ms. York. .'But demandfor our high-concept, low-cost filmshas grown tosuch a level thatbringing on outsideinvestors will enable usto expand our already ambitious production scheduleas needed'.

'We'vedeliberately structured the investment to enable investors to fund a singlelow-budget straight-to-video film for just $250,000, as well as to allow film funds to finance amulti-million dollar diversified slate of low and mid-budget films in variousgenres- all produced with the same proven York Entertainment model.'

Accordingly, the Company has appointed John Shaw todirector of investor relations wherehe'll use his 15 years experience as an investor relations professional tomanage increased levels of production activity and outside investment interests. During his career, Mr. Shawhehas served as an InvestorRelations officer and consultant for numerouspublic companies and venture capital firms.

consulted to numerous public and private companieson IR and venture capital, and has previously served asan IR officer for public companies and venture capital firms.

Commenting on York's decision to accept third-party film fundingand his new role, Mr. Shaw said, 'Based purely on investment merit andeconomics, the York model for film production and distribution offers the mostfavorable risk - reward ratio I've seen in the entertainment industry todate,. I believe this to be a unique and compellinginvestment opportunity and look forward to working with interested filminvestors.'

About York Entertainment

Initially established in1990, the York Entertainment video label was acquired by Loose Cannon Films in 2004. A LosAngeles-based DVD distributor, Loose Cannon acquires and distributes featurefilms for the domestic home entertainment marketplace. With 30-50 new films each year beingreleased, Loose Cannon's diverse library of Urban, Horror, Action, and Comedy titlesnumbers in the hundreds, and contains to expand.

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