Former NY Governor David Paterson Joins Medient Board
May 29 2014 - 8:30AM
Marketwired
Former NY Governor David Paterson Joins Medient Board
EFFINGHAM COUNTY, GA--(Marketwired - May 29, 2014) -
Medient Studios, Inc. (OTCQB: MDNT) ('Medient') announced
today that former New York Governor David Paterson has accepted his
nomination to join the Board of Directors of Medient.
"Governor Paterson is a globally recognized leader, whose
experience, wisdom, reputation, and relationships will be a huge
asset for all Medient stakeholders. It is with great pride and
pleasure that we welcome him into the Medient family," stated Manu
Kumaran, Chairman of the Board of Medient.
"As Governor of New York State, I approved over $750M in film
tax credits. Film tax credits create strong returns for
communities, and generate tremendous job creation," stated Gov.
Paterson. He added, "I am committed to helping Charles, Manu, and
the Medient team find the resources to make this beautiful dream
come true."
About David Paterson David Alexander Paterson (born May 20,
1954) is an American politician and the 55th Governor of New York
from 2008 to 2010. He was the first African American governor of
New York and also the second legally blind governor of any U.S.
state after Bob C. Riley, who was Governor of Arkansas for 11 days
in January 1975. Since leaving office, Paterson has been a radio
talk show host on station WOR in New York City.
After graduating from Hofstra Law School, Paterson worked in the
District Attorney's office of Queens County, New York, and on the
staff of Manhattan Borough President David Dinkins. In 1985, he was
elected to the New York State Senate to a seat that was once held
by his father, former New York Secretary of State Basil Paterson.
In 2003, he rose to the position of Senate Minority Leader.
Paterson was selected as running mate by then-New York Attorney
General and Democratic Party gubernatorial nominee Eliot Spitzer in
the 2006 New York gubernatorial election. Spitzer and Paterson were
elected in November 2006 with 69 percent of the vote, and Paterson
took office as Lieutenant Governor on January 1, 2007.
Paterson was sworn in as governor of New York on March 17,
2008. On May 21, 2014, Mr. Paterson was named Chair of the New
York State Democratic Committee.
About Medient
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 1,560-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.
Investor Relations: David Waldman or Natalya Rudman Crescendo
Communications, LLC Phone: +1 (212) 671-1020 Ext. 304 Email:
mdnt@crescendo-ir.com http://www.crescendo-ir.com/