Posts Tagged ‘Studio’

Superior Venture Corp. Subsidiary, Ilustrato Pictures Ltd. Signs Development Deal With Successful Chinese Film Studio, Hairun Pictures

London, England (PRWEB) November 29, 2012

Superior Venture Corp. (“Superior” or “the Company”) (OTCQB:SVEN) through its wholly owned subsidiary Ilustrato Pictures (“Ilustrato”), signed a co-development agreement with successful Chinese film studio Hairun Pictures for the two companies to co-create and co-develop feature films for both the domestic Chinese market, and the oversea international market.

Superior Venture President and CEO, Brian Hammond appeared on stage at the 2nd Beijing International Film Festival with the Chairman of Hairun Pictures, Mr. Liu Yanming for the official signing.

Ilustrato Pictures and Hairun Pictures were presented with an award by Mr. Liu Wei, Beijing’s Municipal Party Committee Member, Municipal Publicity Minister and Vice-Mayor, Mr. Tong Gang, head of state Administration of Radio, Film and Television (SARFT) for having the “Most Significant Deal” of this year’s Beijing International Film Festival.

Brian Hammond, Company President and CEO of Superior Venture Corp. commented, “We are very pleased to be working with Hairun Pictures on this co-development and co-creation deal. It’s a perfect fit between our two companies and opens the door to tremendous opportunities for us both. Hairun Pictures is firmly established in the Chinese motion picture industry and our collaboration is expected to result in significant revenues to our Company and some very successful projects.”

Officials responsible for the Beijing Festival announced that there was an 88.7% increase over the previous year in the total value of deals signed at the event, totaling over 5.2 billion Yuan or US $ 837 million all tolled.

About Superior Venture Corp.

Superior Venture Corp. is a US based public company. Its wholly owned subsidiary, Ilustrato Pictures Ltd. is an international motion picture development and production company seeking to co-create feature film projects with Chinese film companies. All of its projects are financed, produced and distributed in partnership with domestic Chinese companies. Ilustrato Pictures has developed extensive infrastructure and distribution networks in China –the fastest growing and most dynamic movie market in the world.

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Cautionary Statement Regarding Forward-Looking Information

This press release may contain certain “forward-looking statements” relating to the business of Superior Venture Corp.. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding the advantages of Superior Venture’s products and services, anticipated advantages resulting from the merger, whether funding anticipated from completing the merger will result in successful completion and development of the film development component of the business and its market acceptance, the business strategy, plans and objectives of the Company and Ilustrato Pictures Ltd.; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects”, “intended” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results and ultimate corporate actions could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the perception of investors of the newly merged company and their willingness to fund this newly public company, the demand for films and film development, new products and services developed by other companies, market share garnered by competitors, ability to maintain customer and vendor relationships, and those factors discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (, among other factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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