Ex-Dividend Date Set for Imperia Entertainment Dividend Imperia Entertainment, Inc. (Pink Sheets:IPRE) announced today that its board of directors has extended the record date of the stock dividend in its subsidiary, Muller Media, Inc., to July 10, 2006 to accommodate the NASDAQ Stock Market to effect the dividend in the marketplace. The NASDAQ Stock Market has set an ex-dividend date of July 6, 2006. For every 1000 pre-reverse split (2 post reverse split) shares of Imperia Entertainment, Inc., held on the ex-dividend date of July 6, 2006, a shareholder will receive one common share of Muller Media, Inc. (Pink Sheets:MLMD). The NASDAQ Stock Market will effect the dividend in the marketplace approximately three business days after the record date. Fractional interests will be rounded up to the nearest 1000 pre split or 2 post split shares. Muller Media will file a registration statement with the Securities and Exchange Commission to register the shares and the distribution date of the shares will be the date that the registration statement is declared effective by the SEC. Each eligible shareholder will receive a prospectus with specific instructions on how to participate in the distribution and receive their common shares in Muller Media.
About Imperia Entertainment
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a company which has emerged as a player in the area of independent film production and distribution, once monopolized by the major film studios. In conjunction with its distribution subsidiary, Imperia International Distribution, the company engages in investing in and producing and distributing full-length feature films. Along with its equity interest in "All That I Need" (www.allthatineed.net), released in theaters last December, Imperia's film properties include its feature film in post production, "Say it In Russian," starring Faye Dunaway and Agata Gotova, "Brothers," by Tarquin Gotch ("Home Alone"), "Never Submit," a feature film on the subject of mixed martial arts, and the award-winning "Autograph" television series (www.autograph.tv), which airs on the Colours Television Network.
About Muller Media, Inc.
Muller Media (www.muller-media.com), the majority owned subsidiary of Imperia, is a film production company dedicated to the production of high quality family feature films, with ratings of PG or G. The company's first feature film, "Whiskers," produced by Jordan Klein ("Flipper," "Jaws," "Thunderball") is a family adventure that surrounds a young sea lion.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Imperia Entertainment, Inc., Muller Media, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Imperia Entertainment, Inc. James Hergott, 310-275-0089 or Vivian Fullerlove, 214-564-3359 (Public Relations) musbviv*yahoo.com
Source: Business Wire (July 5, 2006 - 12:11 PM EDT)
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