LOS ANGELES, Sept. 4, 2013 /PRNewswire/ -- Seven Arts
Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company")
announced today that, effective August 29,
2013, Mr. Vince Vellardita
has resigned as Chairman and a Director of the Company.
Mr Vellardita stated, "I realized that, with the multitude of
things happening in my life, I simply cannot devote the time and
commitment the Company needs from me at this time. I wish Seven
Arts all the best in its future endeavors."
About Seven Arts Entertainment Inc.:
Seven Arts
Entertainment Inc. was founded in 2002 as an independent motion
picture production and distribution company engaged in the
development, acquisition, financing, production and licensing of
theatrical motion pictures for exhibition in domestic (i.e.,
the United States and Canada) and foreign theatrical markets, and
for subsequent worldwide release in other forms of media, including
home video and pay and free television.
Cautionary Information Regarding Forward-Looking
Statements.
Forward-looking statements contained in this press release
are made under the Safe Harbor Provision of the Private Securities
Litigation Reform Act of 1995. Any such statements are
subject to risks and uncertainties that could cause actual results
to differ materially from the anticipated. The information
contained in this release is as of September
4, 2013. Seven Arts assumes no obligation to update
forward-looking statements contained in this release as the result
of new information or future events or developments.
Contact:
Seven Arts Entertainment, Inc.
Peter Hoffman
(323) 372-3080
phoffman@7artspictures.com
SOURCE Seven Arts Entertainment Inc.