|By Marketwired .||
|March 25, 2014 09:00 AM EDT|
EFFINGHAM COUNTY, GA -- (Marketwired) -- 03/25/14 -- Medient Studios (OTCQB: MDNT) announced today that the first movie in the 2014 slate will be "The Damned." This will be Medients's fifteenth feature production and follows the successful production and release of the British horror film "Storage 24."
Written by Georgia based writer Chad Darnell, "The Damned" is a possession horror genre film set in Savannah, Georgia. It is anticipated that principal photography will begin in third quarter of this year.
Savannah has been home to many films including "Midnight in the Garden of Evil," "The General's Daughter" and "Forrest Gump." "The Damned" is an exciting horror story that showcases Savannah, purported to be the most haunted city in America. The company expects to hire much of the production crew from the local area.
Medient Chairman Manu Kumaran stated, "We have lined up an exciting slate for the year. We wanted to kick off the slate with 'The Damned' to underline our commitment to creating a sustainable movie business in the region. The focus will continue to remain on local talent even as we scale up our operations."
About Medient Studios
Medient Studios, Inc. (OTCQB: MDNT) ('Medient') (www.medient.com) is an entertainment content creation company with a strong presence in North America, Europe and India. Medient's management team has approximately 150 years of experience in the motion picture industry and is responsible for producing and/or financing over 250 movies. Medient is realigning the content creation process to enable efficiencies of scale and eliminate process waste by building a fully integrated movie and electronic game production facility as part of its Studioplex on a 1,550-acre property in Effingham County, Georgia. Once operational this production facility will be the largest of its kind in the United States.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and other risks and uncertainties described in the Company's periodic filings with the Securities and Exchange Commission.
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