EANS-News: Motion Network TV /

Motion Network Holding ready for the Media convergence

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Company Information

Subtitle: Motion Network Holding ready for the Media convergence

London (euro adhoc) - Motion Network Holding has strenghtened its
management and business structures. Traditional media and internet is
now part of the business strategy.

Its agreement with the world leader site covering film festivals
filmfestivals.com allows the company to produce rich and unique
contents associated with films, awards, stars' interviews and red
carpet events around the world.

Motion Network Advertising has been created so as to generate strong
revenues as of the start of broadcasting in territories such as
Germany, France, UK & Ireland, Benelux, Austria, Switzerland, Poland
and Ukraine. Motion Network Advertising has already built
relationships with international ad agencies and major international
brands that have expressed interests in working with Motion Network
TV and addtionnal Media TV and Internet.

MNH signed in Paris a LOI with Motion Sponsor, the online movie
lovers community dedicated to Movie financing, Our Goal is to develop
the model in other EU Countries

MNH has started the purchase of Antetime Production in July 2010 and
will achieve it before the end of the year. The company will be
Motion Networks' film production subsidiary. 5 films are currently in
preproduction, 4 of which are presold to Canal+. All budgets
represent a total financing rounds of 16 million euros. Germany and
Belgium will be the main coproducers.

Motion Network Holding has presented its financial and business
proposition to institutional and private investors in the UK, France,
Switzerland in order to raise 10 million euros. The money invested
will allow Motion Network to start to broadcast first in 10
territories then in 20 territories in year 2.

LOI for investment of 6 million Euros from a pool of private
investors has already been signed that specify that Motion Network
will close the financing as soon as the trading volume and the share
price reach the fair value of the up to date development. The
management board would avoid a dilution and expects a share price at
0,03 giving a market cap up to 27 Millions euros..

The company currently works to generate other investment
propositions.

end of announcement euro adhoc
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ots Originaltext: Motion Network TV
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Christophe Kourdouly

Telefon: +33 1 42562438

E-Mail: c.kourdouly@motionnetworktv.com

Branche: Media
ISIN: GB00B291K520
WKN: A0M910
Börsen: Frankfurt / Open Market