Protocall's TitleMatch Signs Movie Deal with Eros Entertainment
02 7월 2007 - 9:00PM
Business Wire
TitleMatch Entertainment Group, a subsidiary of Protocall
Technologies Incorporated (OTCBB:PCLI), today announced completion
of a distribution deal with Eros Entertainment Inc. (LSE:EROS.L),
one of the world�s largest producers and distributors in the
multi-billion dollar market for films from India � often referred
to as �Bollywood.� The agreement will make a wide range of Eros new
release and catalog movies available through the TitleMatch DVD
On-demand� service. Sales of Bollywood movies in the U.S. represent
a $1.5 billion yearly market that is expected to grow by 16%
annually over the next five years � bringing U.S. sales to over $3
billion. The category does more business in the U.S. than films
from any other country, according to the Internet Movie Database,
an organization that tracks box office sales in several countries.
Eros represents nearly 70% of all Bollywood movie titles marketed
around the world. �TitleMatch offers an intelligent way for us to
quickly expand our market presence in the retail channel,� said Ken
Naz, CEO of Eros U.S. operations. �The TitleMatch service is unique
in its ability to eliminate inventory manufacturing and shipping
costs, which can be quite significant.� Today�s announcement
follows a recent deal with Internet retailer Overstock.com and the
January unveiling of a first of its kind DVD On-Demand system that
uses the Content Scramble System (CSS) encryption, which has been
deemed essential by most major Hollywood studios for on-demand
production of premium entertainment. �Eros commands a significant
presence in the international movie industry and their movies
represent an enormous revenue opportunity for TitleMatch and our
retail partners,� said Syd Dufton, President of TitleMatch
Entertainment. �Bollywood movies in particular are growing in
popularity here in the U.S. and our DVD on-demand service is the
perfect way to bring more of these and other popular movies to
market. Our shareholders and customers should look forward to more
exciting announcements as momentum for our service continues to
grow with Hollywood studios and retailers.� The TitleMatch DVD
On-demand system lets movie studios and retailers burn video
content directly in stores and at website distribution centers at
the time orders are placed. For online orders, consumers browse and
select available titles from an etailer's website with orders
produced at product distribution centers or store locations by
using the system's TitleMatch Factory�. At retail stores, consumers
can browse and select available products from multi-media
touch-screen display terminals located on the sales floor. Orders
are produced behind the counter on the TitleMatch Factory by store
personnel in minutes. About Eros International plc Eros
International plc, an integrated media and entertainment company,
is a global player in the Bollywood arena. Eros operates on a
vertically integrated studio model - producing films as well as
distributing films across formats globally via cinemas, home
entertainment, television formats and new media. Established in
1977, Eros International has three decades of market leadership as
an international owner-distributor of Indian films. The company
operates in over 50 countries with worldwide offices in India, UK,
USA, Dubai, Australia, Fiji and Isle of Man. It has built a
business model around the release of new films and the exploitation
of a film library containing more than 1,300 titles, making it one
of the largest content owners in the business. Other business
streams include high-definition DVDs, mobile downloads and
on-demand digital online services. Visit www.erosentertainment.com
for more information. About TitleMatch Entertainment A division of
Protocall Technologies Incorporated (OTCBB:PCLI), TitleMatch
Entertainment Group is the innovator of on-demand content
distribution. Its flagship TitleMatch DVD On-Demand(TM) service
allows retailers to burn brand-name CD and DVD products at their
stores and website distribution centers. The company's proprietary
systems enable retailers to reduce their reliance on costly
physical inventory, expand their selection of products, eliminate
shrinkage and out-of-stock situations, speed time to market for new
products and improve their operating margins with minimal space
requirements. In January 2007, TitleMatch unveiled a first of its
kind DVD On-Demand service with CSS (Content Scramble System)
encryption, the same content protection scheme used on
mass-produced discs and incorporated into all DVD players. Visit
www.TitleMatch.com for more information. The information contained
in this news release, other than historical information, consists
of forward-looking statements that involve risks and uncertainties
that could cause actual results to differ materially from those
described in these statements. Forward-looking statements regarding
the timing of developing, testing and releasing existing and new
products, of marketing and selling them, of deriving revenues and
profits from them, as well as the effects of those revenues and
profits on the company's margins and financial position, are
uncertain because many of the factors affecting the timing of those
items are beyond the company's control.
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