By: Unknown
From: MARKET WIRE
Teleplay Inc. (OTC BB: TPYI) and Four Kings Entertainment announced today that they have entered into a letter of intent for the acquisition of Four Kings Entertainment by Teleplay. Under this arrangement, Teleplay will then produce and distribute the series "SPI Poker -- Vegas" hosted by Carmen Electra.
The "SPI Poker -- Vegas" series is a fourteen (14) episode video production that will integrate the thrills of strip poker with the anything-can-happen attitude of reality-based television. Eight (8) episodes will be tailored toward cable network release and six (6) shows will be produced for pay per view. The Series will feature tournament style oriented shows, with six contestants each. Casting will represent a diverse group of young women from various backgrounds. The winners from each preliminary tournament will appear in a 2-hour grand finale with a grand prize pool of over $100,000 in cash and prizes.
The pilot of The Strip Poker Invitational, which was developed by Four Kings Entertainment, premiered on July 18th, 2004 and has achieved outstanding market response exceeding even the most optimistic projections by both management and the pay-per-view marketplace.
"We are looking forward to completing this agreement to leverage the strengths of both companies to produce a world-class television series product," stated Christopher C. Seminatore, President and CEO of Four Kings Entertainment. "With the merger we are poised to enter the lucrative market for reality-based TV with the proven concept of Texas Hold 'em Poker tournaments combined with worldwide recognized celebrities. We feel this opportunity will provide us with an exceptional business model to develop as part of our growth strategy," he added.
About Four Kings Entertainment
Four Kings Entertainment formed in April of 2005. The Company is a Nevada-based limited liability company with offices in Nevada and California. Four Kings Entertainment was established for the purpose of creating cutting-edge content for domestic and international television, pay-per-view and motion picture markets.
The Company's core service involves video production/marketing and distribution of "SPI Poker -- Vegas" (SPI). "SPI Poker -- Vegas" is the first show produced and distributed by the Company and other projects will revolve around reality television programming and major motion picture development.
Please visit www.fourkingsentertainment.com for more information.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Copyright Copyright 2005 Bravo Resources Ltd. All rights reserved.
Eldon Hepner Company President tel # 250 869 8772
SOURCE: Teleplay Inc,
