Magnolia Pictures has pickedup all English-speaking territories as well as Mexico, Germany, Italy, Poland,and Spain on Kiyoshi Kurosawa's Japanese horror Pulse.

The picture was acquiredfrom Dimension and Miramax, which still maintain an interest in the property asHarvey and Bob Weinstein recently began production on the remake based on ascreenplay by Wes Craven.

The story centres on a groupof friends whose friend commits suicide and reappears as a ghostly image incomputer and video games. Shortly afterwards other members of the group startto disappear.

"I'm very excited thatAmerican audiences will finally have the chance to see my portrait of Japaneseyouth living under a certain kind of restlessness in 21st Century Tokyo," Kurosawasaid in a statement.

Pulse has remained virtually unseen since its Cannes 2001debut. It is currently touring the US festival circuit ahead of a mid-Augustrelease.

Optimum Releasing ishandling the film in the UK, and Madman Entertainment is distributing inAustralia and New Zealand.