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 PALISADES TARTAN UK, LLC HOLDS ON TO UK RIGHTS TO FORTISSIMO LIBRARY

PALISADES TARTAN UK, LLC HOLDS ON TO UK RIGHTS TO FORTISSIMO LIBRARY

London, September 9th, 2008 - Fortissimo Films Co-Chairman Michael J. Werner and Palisades Pictures’ Chairman & CEO Vincent A. Roberti today announced that its UK subsidiary Palisades Tartan UK, LLC has reached an agreement to extend its UK distribution rights to a library of Fortissimo titles. The Library of over 30 films includes a strong mix of prestigious of Asian Extreme, Art House and World Cinema titles from renowned and critically acclaimed filmmakers. The international box office hits including MYSTERIOUS SKIN, CAPTURING THE FRIEDMANS, Wong Kar Wai’s 2046, SUPER SIZE ME, THE EYE, BANGKOK DANGEROUS and JIANG HU. It was also announced that Palisades Pictures will continue to acquire titles from Fortissimo Films for its growing US theatrical and video distribution unit as well.

This recent development follows an announcement earlier this week that Palisades Pictures had extended its rights to the prestigious library from legendary director Ingmar Bergman for the UK. This summer Palisades extended its international reach when it acquired the rights to the majority of Tartan’s UK library of more than 440 films.

On making the announcement Mr. Roberti commented “We are proud to add yet another extraordinary portfolio from the highly regarded Fortissimo Films. In addition we are fortunate to be able to call on the sage advice of the well-respected and experienced Fortissimo Films leadership team of Michael J. Werner and Wouter Barendrecht. Our goal is to be in the top two distributors in filmed entertainment in the United Kingdom. The acquisition opens the door to realizing the goal in the next several years if not sooner.

Fortissimo’s Werner added “We are delighted to make this announcement. We are very proud of these films and extremely happy Palisades’ wonderful team will be continuing to bring these films to UK film lovers.”

Fortissimo Films is an international film, television and video sales organization specializing in the production, presentation, promotion and distribution of unique, award winning and innovative feature films from independent film makers from all over the world. For more information, please see www.fortissimofilms.com

Palisades Pictures and its parent company Palisades Media Corp is a prestigious financier of print & advertising financing for the independent film market. Together with its affiliate, Palisades Media Asset Fund, Palisades has securitized and financed more than 130 films. This most recent acquisition will bring the size and magnitude of its library to almost 600 titles.

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