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Hannover House, Inc.

 
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OTC Disclosure & News Service

 

Hannover House 20th Anniversary Marks Home Video Sales Milestone

Sep 27, 2013

OTC Disclosure & News Service

Springdale, AR -

Entertainment distributor Hannover House, Inc. (OTC: HHSE), will celebrate two milestone events today, as the company?s 20th anniversary corresponds to the cumulative unit sales achievement of ten-million (10,000,000) home video units.  Formed in September, 1993, Hannover House began as a book publisher, but added home video products ten years ago and now owns or controls the distribution rights to more than 180 feature films and video programs.  A historic video sales review - completed last week in compliance with ongoing audit requirements - revealed that the company?s September shipment of ?Zombie Warz? to Walmart pushed the cumulative sales for home video units to 10,004,150 (inclusive of DVD and Blu-Ray units, and until 2005, VHS videos).

 

?We are very pleased to have reached two milestones today that few independent studios ever achieve,? said Eric Parkinson, C.E.O. of Hannover House.  ?The completion of twenty years of continuous operation is both rare and notable.  But the consistent sales performance over these years, and the company?s ability to adapt to both changing market and media conditions is more meaningful to me.  Our strength has been in identifying and predicting commercial concepts and trends, and providing programming that addresses these needs.  As consumer tastes have changed, so have our titles, and as the market continues to mature, Hannover will adapt our programming to maximize success.?

 

Top selling video releases for Hannover House cover more than forty independent suppliers and releasing labels, and include (alphabetically):  American Bullfighter, American Fighter Pilot, Animal Clinic, Antonio Aguilar Colecion, Black Male, Boggy Creek, Classic Comedy Collection, Classic TV Comedies, Come Away Home, Dawn of the Living Dead, Deceptz, Delivering Milo, Devil in the Flesh, Fathers of the Sport, Fun Park, Future Shock, Grand Champion, Great Souls, Humans Vs. Zombies, Gotta Go, Magic Voyage, Martial Arts Action Pack, Mind Your Manners, My Brother The Pig, Oxygen, Outlaws: The Legend of O.B. Taggart, Patient Zero, Pink Skies, Samurai Action Pack, Savage Land, Siegfried & Roy: The Magic Box, SWAT: The Real Story, Teen Yoga, Televisa Spanish Classics, Toys in the Attic, Turtle: The Incredible Journey, Twelve, War Eagle Arkansas, Wrangler and Zombie Warz: Falls the Shadow.

 

Upcoming home video releases for Hannover House include these items currently in solicitation:  Amityville Asylum; Blues for Willadean;  The Coffin; Frankenstein 2014; Ingloda: The Possession Within;  Sunshine and To.Get.Her: The Spring Break Murders.  Three international titles are slated for limited theatrical release in Q4 prior to a Q2 home video launch:  The Weather Station (Russia), Asalto Al Cine (Mexico) and Borrar de la Memoria (Mexico).

 

In addition to the company?s achievements with home video, Hannover House remains active in book publishing, and is expanding efforts to grow its Video-On-Demand business.

 

?We wish to thank the wholesalers and retailers that have supported Hannover House products over the years,? Parkinson continued.  ?We also wish to thank our key suppliers, or program producers and our public company shareholders for helping us build the company into what is now one of the longest, continuously operating independent distribution labels in America.?

 

HANNOVER HOUSE was formed in 1993 as a U.S. Book Publisher, adding DVD products in 2002, music CDs in 2004 and theatrical releasing activities in 2008. The company sells to most major retailers and wholesalers of entertainment products in North America, with Wal-Mart, Best Buy, Netflix, Redbox and Barnes & Noble collectively representing over 80% of annual consumer product revenues. Hannover has been expanding its activities in the emerging media of Video-On-Demand, both with direct licensing arrangements to the major portal outlets, as well as through a newly launched portal venture with Nanotech Entertainment, called ?VODwiz? (as both an IPTV channel as well as an internet V.O.D. site). The principal offices for Hannover House are located in Northwest Arkansas, conveniently near the world headquarters for Wal-Mart Stores, Inc., and major distribution centers. For more information on Hannover House, view the filings at: www.OTCMarkets.com under trading symbol HHSE.

 

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.

 

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