A corporate blog site launched last year by Hannover House, Inc. (OTC: HHSE) has quickly grown into the independent film studio's primary methodology of communicating new developments and opportunities. The site has already attracted over 136,000 page views and is frequently shared or re-posted onto investor discussion boards and other financial sites.
The blog can be viewed at: www.HannoverHouseMovies.Blogspot.com
"We have so much activity at Hannover House, that daily press releases became cumbersome and costly," said Fred Shefte, President. "The blog enables us to efficiently post news, artwork, commentary and other information that shareholders have told us is valuable to their understanding of the company and their investing decisions. As we increase our monthly new release output of films, the blog is likely to grow in stature even more," he concluded.
Hannover House hired film and video industry veteran Tom Sims in June to spearhead an expansion of the company's core release activities. Medallion Releasing was established to enable outside studios and video supplier labels to access the distribution network built by Hannover House. The net result of adding new studios is a doubling of the monthly release flow of titles, beginning with five new titles hitting retail shelves in February and four titles releasing in March.
Recent blog posts include a timeline for the company's current activities to file a Form 10 registration statement with the Securities & Exchange Commission, which would enable the stock to be moved up to the OTC: QB board. Other news includes updates on the current VODWIZ multi-studio streaming site, and details of current and upcoming theatrical and home video releases from Hannover House.
Hannover House was formed in 1993 and has operated continuously for the past 21 years. In December, 2009, the company merged into the OTC-Pinksheets entity, Target Development Group, Inc., and became the operating entity. The formal name and ticker symbol change to Hannover House, Inc., (OTC: HHSE) was reviewed and approved in 2011 by FINRA after a review of the company’s history and activities. Principal executives for Hannover House include C.E.O. Eric Parkinson (formerly C.E.O. of Hemdale Communications, Inc., NASDAQ), President, Fred Shefte (an attorney) and VP of Sales Tom Sims, who prior to joining Hannover House had worked as the Walmart Video buyer for Anderson Merchandisers and the director of sales for Vivendi / Universal Music Group Distribution. Principal offices for Hannover House are in Springdale, Arkansas, nearby to the company’s largest video customer, Walmart Stores, Inc.
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.