GD Entertainment & Technology, Inc. to Acquire Toronto-based
Marketing & Design Firm; Announces Co-Production Pact with
Norflicks Productions.
Westlake Village, CA - December 15, 2014 - GD Entertainment
& Technology, Inc. DNNC.OTC,
(formerly Donini, Inc.) announces it has entered into an agreement
to acquire Toronto-based media company, Eight E Media Inc., for
undisclosed terms. Eight E Media Inc., is a Canadian private
marketing and design firm specializing in media and location-based
entertainment marketing.
Eight E Media Inc., has an agreement in principal to acquire
Norflicks Productions Ltd., also of Toronto. Norflicks boasts a 30
year history of quality filmed entertainment and a library of
classic documentaries and family comedies, including the
highly-acclaimed “The Little Vampires ” TV
series. In addition, GDET and Norflicks have
agreed to cooperate on developing additional properties for both
theatrical and digital markets. The Norflicks’ library
includes war documentaries and faith-based assets that have won
popular and critical acclaim worldwide.
“The acquisition of Eight E Media provides GDET with
comprehensive marketing and design capabilities for our family
entertainment projects, and the association with Norflicks serves
as one of the cornerstones of our global family entertainment
strategy,” explained Dong Chung, CEO of GDET. “Co-productions
are a hallmark of our business model, and Norflicks literally wrote
the book on them. We are thrilled at the prospects of our
relationships with these two distinguished Canadian companies
moving forward.”
GDET plans to expand its footprint in co-production activity
globally as it begins to execute on its core entertainment and
technology business.
About GD Entertainment & Technology, Inc. (GDET):
GDET specializes in the development, production and exploitation
of entertainment properties and technologies worldwide. Over the
past 10 years, GDET (formerly Golden Dog Productions) has created,
produced, and/or distributed a variety of family-friendly content,
including: Conan the Barbarian animated DVD, animated Voyages of
Young Dr. Doolittle and Adventures of Odyssey and the acclaimed
graphic novel series, The Almighty Bible, an ebook & print
version of the Bible for teenagers. GDET principals have over 80
years of combined experience in producing and distributing media
properties, consulting to and licensing major intellectual
properties worldwide, including Warner Brothers, Marvel/Disney, Dr.
Doolittle, and Mommy & Me. Management has been conducting
business in Asia for more than 25 years, and has significant
relationships with major corporations, investors and production
facilities in Korea, Thailand, China, Japan and other markets. GDET
has several projects in development including an animated feature
film, a live stage show and an adaptation of a successful juvenile
book series for digital video and mobile games.
Information in this document constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"estimate," "project," "intend," "expect," "should," "believe," and
similar expressions are intended to identify forward-looking
statements. These forward-looking statements involve, and are
subject to known and unknown risks, uncertainties and other factors
which could cause GD Entertainment & Technology, Inc. actual
results, performance (financial or operating) or achievements to
differ from the future results, performance (financial or
operating) or achievements expressed or implied by such
forward-looking statements. The risks, uncertainties and other
factors are more fully discussed in GD Entertainment &
Technology, Inc. filings and Disclosures. All forward-looking
statements attributable to GD Entertainment & Technology, Inc.
herein are expressly qualified in their entirety by the
above-mentioned cautionary statement. GD Entertainment &
Technology, Inc. disclaims any obligation to update forward-looking
statements contained in this estimate, except as may be required by
law.
Company Contact:
Lawrence Bracco
Tel : (818) 338-5723
larry@gdetinc.com