NewswireToday - /newswire/ -
Draper, UT, United States, 2006/10/31 - HandHeld Entertainment™ (NASDAQ: ZVUE, ZVUEU) and Egami Media, Inc. today announced an agreement that will bring more than 1,500 new video selections to ZVUE™, HandHeld Entertainment’s video download store.
A leading aggregator of digital media content and a subsidiary of Image Entertainment, Inc. (NASDAQ: DISK), Egami is providing the ZVUE Web site with concert films ranging from “KISS: Rock the Nation: Live!” and “Roy Orbison: Black & White Night,” as well as an assortment of video programs from jazz great Chick Corea and dozens of other performances and documentaries across the musical spectrum.
The ZVUE Web site library will also be expanded by Egami to include Bruce Brown’s classic surf film “Endless Summer,” the MacGillivray Freeman IMAX collection, stand-up comedy performances, television programming and foreign and independent films. the ZVUE Website users will also have access to restored silent and classic films, such as historically significant programs from D.W. Griffith (“Intolerance” and “Birth of a Nation”), F.W. Murnau (“Nosferatu”) and shorts from Charlie Chaplin’s Mutual years, among others.
“We’re excited to join with Egami to offer its broad range of live concert footage and music documentaries, as well as its other selections of digital entertainment media to ZVUE™ users and other portable video player owners,” said Jeff Oscodar, president and chief executive officer of HandHeld Entertainment. “We are constantly looking for ways to provide more content to our users and Egami Media has the type of blend we look for in a partnership. In total, we feel that adding the Egami library to the ZVUE Web site is a solid step forward for our customers everywhere. ”
“We believe that Egami Media is a perfect match for HandHeld Entertainment and ZVUE users,” said Martin W. Greenwald, president and CEO of Image Entertainment and chairman of the board of Egami Media. “The ZVUE Web site is a great channel for our vast media catalogue and will help us reach an even greater audience of digital content users, since this makes our videos portable. We believe portable video content is an important and natural evolution for the home entertainment industry, and we are confident this agreement is another step in Egami’s aggressive approach to the world of digital distribution.”
Videos available at the ZVUE Web site (or coming soon):
Since the beginning of 2006, HandHeld Entertainment has announced distribution agreements with companies ranging from Sony BMG to IMG Media and from Canadian Broadcast Corp. to Fun Little Movies.
HandHeld Entertainment now has under contract more than 11,000 music videos, anime movies, cartoons, independent films, documentaries, news, entertainment and sports programs and other forms of video content available for purchase (or in some cases free download) at the ZVUE Web site.
About the ZVUE
Available today in more than 1,800 Wal-Mart stores throughout the United States, as well as online at such locations as Amazon.com, the $99 (US) ZVUE plays videos and MP3 files available from the ZVUE Web site download store and also allows users to view digital pictures from a digital camera or home video from a camcorder. The ZVUE offers full-color video and clear audio sound that gives users a robust, on-the-go digital experience when coupled with downloadable content from the ZVUE Website.
About HandHeld Entertainment, Inc.
With shares and units of its common stock available for purchase on the NASDAQ Capital Market (ZVUE, ZVUEU) and Boston Stock Market (HDE, HDEU), HandHeld Entertainment is a digital-media-to-go company with a family of mass-market portable media players priced at mass-market prices as well as its own online video content store. Its ZVUE portable media players are available for purchase online and in retail locations across the U.S., while portable video lovers can visit HandHeld Entertainment’s video content store at the ZVUE Web site to buy pay-per-download videos or download thousands of free media titles. For more information, visit HandHeld's Website or call 415-495-6470.
About Egami Media
Egami Media, Inc. is a subsidiary of Image Entertainment, Inc. (NASDAQ: DISK), a leading independent licensee, producer and distributor of home entertainment programming in North America. Egami focuses on the aggregation and wholesale exploitation of digital rights to a wide array of video content. Egami has acquired all of Image’s current and future digital rights and will independently acquire digital rights to third party content on a going forward basis.
HandHeld Entertainment, the ZVUE Web site and ZVUE are trademarks of HandHeld Entertainment. All other trademarks are property of their respective owners.
“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995
This release contains forward-looking statements. To the extent that any statements made in this release contain information that is not historical, these statements are forward-looking. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. These risks and uncertainties include, without limitation: HandHeld Entertainment's dependence on contract manufacturing of its products; its reliance on a single major mass-market retailer; its ability to develop and market successfully and in a timely manner new products and services; its ability to predict market demand for, and gain market acceptance of, its products and services; the impact of competitive products and services and of alternative technological advances; its ability to raise additional capital to finance its activities; its limited and unprofitable operating history; its ability to operate as a public company; its ability to reduce product return rates; the affect of inventory and price protections required by major retailers; the availability and affordability of digital media content; its ability to protect its proprietary information and to avoid infringement of others' proprietary rights; its ability to attract and retain qualified senior management and research and development personnel; the reliability and security of its information systems and networks; and other factors described in HandHeld Entertainment's filings with the Securities and Exchange Commission, including Annual Reports on Form 10-KSB, Quarterly Reports on Form 10-QSB and Current Reports on Form 8-K. These forward-looking statements are made as of the date hereof. HandHeld Entertainment does not undertake any obligation to publicly update any forward-looking statements. As a result, investors should not place undue reliance on these forward-looking statements.