Post by ToddCT on Feb 18, 2005 14:05:25 GMT -5
Prime Rate Investors, Inc. Subsidiary Partners with NYC Based Production Company
STOWE, Vt., Feb 18, 2005 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that its wholly owned subsidiary, High Angle Media, Inc. has partnered with the New York, NY based production company, Pavlina, LTD for the co-production of multiple works to begin immediately. The relationship was originally initiated when High Angle Media was engaged to co-produce the sequel to Pavlina Proevska's 1988 children's film, The Magic Snowman, starring Roger Moore. Production of The Magic Snowman II is scheduled to start in February, 2006, but the parties have begun collaboration on a one hour made-for-television documentary entitled "The life of Stoyan Christowe: An Immigrant Journey." The film is a biography of the Macedonian immigrant, celebrated author, and Vermont legislator and will be sponsored in part by the Macedonian National Television and the Macedonian Arts Council, of which Proevska is the Executive Director. Ms. Proevska has been an independent film producer since 1986. She served as a Producer for CBS News in New York and the USA Cable Networks before founding Pavlina, LTD.
"We are pleased to be collaborating with Pavlina, LTD on more than one project. The quality of the works will be testament to the abilities of High Angle Media, and we look forward to future opportunities with Ms. Proevska and company," commented Prime Rate Investors President Dan Burgess.
Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. Its wholly owned subsidiaries include Stowe TV-10, and Adirondack TV-33, RSN affiliated cable broadcast companies and High Angle Media, Inc., a video production company.
For more information, visit the Company's websites: www.stowetv10.com, and www.highanglemedia.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: Prime Rate Investors, Inc.
CONTACT: Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
Fax: 888-607-9495
info@stowetv10.com
www.prrm.us
Copyright (C) 2005 Business Wire. All rights reserved.
-0-
KEYWORD: VERMONT NEW YORK
INDUSTRY KEYWORD: BANKING
Copyright
Business
Wire
2005
STOWE, Vt., Feb 18, 2005 (BUSINESS WIRE) -- Prime Rate Investors, Inc. (OTC.PK: PRRM) announced that its wholly owned subsidiary, High Angle Media, Inc. has partnered with the New York, NY based production company, Pavlina, LTD for the co-production of multiple works to begin immediately. The relationship was originally initiated when High Angle Media was engaged to co-produce the sequel to Pavlina Proevska's 1988 children's film, The Magic Snowman, starring Roger Moore. Production of The Magic Snowman II is scheduled to start in February, 2006, but the parties have begun collaboration on a one hour made-for-television documentary entitled "The life of Stoyan Christowe: An Immigrant Journey." The film is a biography of the Macedonian immigrant, celebrated author, and Vermont legislator and will be sponsored in part by the Macedonian National Television and the Macedonian Arts Council, of which Proevska is the Executive Director. Ms. Proevska has been an independent film producer since 1986. She served as a Producer for CBS News in New York and the USA Cable Networks before founding Pavlina, LTD.
"We are pleased to be collaborating with Pavlina, LTD on more than one project. The quality of the works will be testament to the abilities of High Angle Media, and we look forward to future opportunities with Ms. Proevska and company," commented Prime Rate Investors President Dan Burgess.
Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. Its wholly owned subsidiaries include Stowe TV-10, and Adirondack TV-33, RSN affiliated cable broadcast companies and High Angle Media, Inc., a video production company.
For more information, visit the Company's websites: www.stowetv10.com, and www.highanglemedia.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: Prime Rate Investors, Inc.
CONTACT: Prime Rate Investors, Inc.
Dan Burgess, 802-253-0199
Fax: 888-607-9495
info@stowetv10.com
www.prrm.us
Copyright (C) 2005 Business Wire. All rights reserved.
-0-
KEYWORD: VERMONT NEW YORK
INDUSTRY KEYWORD: BANKING
Copyright
Business
Wire
2005
