Entertainment Arts, Inc. Subsidiary, HolograFX, Inc., Expands to Las Vegas!
May 02 2005 - 7:06AM
Business Wire
Entertainment Arts, Inc. (Pink Sheets:ETAR) today announced
expansion plans for its operating subsidiary, HolograFX, Inc.
HolograFX, Inc. will open a Las Vegas office and demonstration
studio to showcase its exciting 3D display technology. HolograFX
has partnered with John Stuart Productions, Inc., who will oversee
this operation. John Stuart is the creator of Las Vegas stage shows
including OVATION The Show and world famous Legends in Concert. He
is also the producer of numerous shows including Blues Brothers
Revival and Dick Clark's Rock, Roll & Remember. John Stuart is
a special effects and entertainment veteran who envisions HolograFX
3D technology to be a smash hit in this entertainment capital. In
addition, HolograFX continues to introduce its unique technology to
clients. On February 15, 2005 HolograFX, Inc. showcased its 3D
"free-floating" technology at the Sports Illustrated Swimsuit
Edition Release Party at Club AER in NYC. The technology projected
3D full motion images in "mid-air" at the club's entrance of
Pontiac's Solstice sports car, an event sponsor. HolograFX also
demonstrated their patented product during "Technology Day" events
at advertising giants McCann Worldwide and Saatchi and Saatchi X
headquarters. Over 300 executives from their creative and media
departments experienced this emerging advertising and promotion 3D
technology. Entertainment Arts, Inc. recently announced a reverse
stock split of its common shares in a ratio of 1 for 14 effective
April 26, 2005. Due to this reverse stock split, the company's
ticker symbol has been changed from ETAI to ETAR. About
Entertainment Arts, Inc. Entertainment Art, Inc.'s
(www.entertainmentartsinc.com) operating subsidiaries are
HolograFX, Inc. (www.holografxinc.com) and Song Factory, Inc.
HolograFX has an exclusive worldwide licensing agreement in a
patented 3D holographic technology to market, sell, manufacture and
license this unique product. Song Factory, Inc. produces, markets
and licenses karaoke content. Both companies are headquartered at
27 Bland Street, Emerson, NJ 07630. Certain statements in this
press release constitute "forward-looking statements" relating to
Entertainment Arts, Inc. and its subsidiaries (the "Company")
within the meaning of the Private Securities Litigation Reform Act
of 1995. All statements regarding future events, our financial
performance and operating results, our business strategy and our
financing plans are forward-looking statements. In some cases you
can identify forward-looking statements by terminology, such as
"may," "will," "would," "should," "could," "expect," "intend,"
"plan," "anticipate," "believe," "estimate," "predict," "potential"
or "continue," the negative of such terms or other comparable
terminology. These statements are only predictions. Known and
unknown risks, uncertainties and other factors could cause actual
results to differ materially from those contemplated by the
statements. In evaluating these statements, you should specifically
consider various factors that may cause our actual results to
differ materially from any forward-looking statements.
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