Archer Entertainment to Film Epic "Kings of the Sea" in Thailand and Dematco, Inc. Signs $100 Million Contract with Fourth European Investor Group to Dematerialize Senior Life Settlement Units

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City of Industry, CA --(www.USEquityNews.com)-- 10/03/2008 - Entertainment industry alert provided by U.S. Equity News. Archer Entertainment Media Communications, Inc. (Other OTC:AEMC.PK) (www.archeremc.com) (ISIN US039490107) revealed recently that it has officially started up its motion picture division by researching film locations and logistics for the forthcoming filming of their debut epic movie, "Kings of the Sea," in Thailand. Michael Selsman, Archer CEO, said that Archer will work closely with government officials and the Thailand Government Film Office in negotiations for sites, film crews and local casting. "This is the first of what is planned to be a 10-picture production schedule we will be producing over the next six years in various locations utilizing international tax treaty financing," Selsman noted. David Wardlow, Archer President of Production, will oversee all aspects of the venture. "Visually one of the most exciting places on the planet, the islands in the Andaman Sea in Western Thailand offer dramatic scenery and calm waters as well as a low-cost friendly filming environment," he observed.


DreamWorks Animation SKG, Inc. (NYSE: DWA) recently announced that Pandamonium will be back in 2011 when the sequel to its worldwide hit, "Kung Fu Panda," is expected to return to theaters on June 3, 2011. The Company also anticipates releasing the film into IMAX(R) theatres worldwide. The sequel to "Kung Fu Panda," like all DreamWorks Animation feature films starting in 2009, will be produced in stereoscopic 3D technology. During its theatrical run, "Kung Fu Panda" has reached over $626 million in worldwide box office to date, making it one of the most successful films of 2008 and DreamWorks Animation's most successful original film ever. The sequel will follow Po, the world's biggest kung fu fan, as he continues his journey as the chosen one who fulfills an ancient prophesy while mastering the art of kung fu. The sequel to "Kung Fu Panda" will once again star Jack Black, Angelina Jolie and other original cast members and will be directed by Jennifer Yuh Nelson, head of story on "Kung Fu Panda." It will be produced by Melissa Cobb. Jonathan Aibel and Glenn Berger, who wrote and co-produced the original film, will also be returning.

Dematco, Inc. (OTCBB:DMAT) announces wholly owned subsidiary Dematco, Ltd. has signed its fourth contract with another European investment group to dematerialize $100 million face value of Senior Life Settlement Units (SLSU). Dematco, Ltd. converts all manner of paper instruments into electronically transferable units. The Company charges a two percent (2%) upfront fee based on the face value of the SLSU, and three percent (3%) of the face value of the SLSU upon completion of the sub-products or strip-unit dematerialization. For this new contract, the Company will receive an initial stage payment of $250,000 with $1.75 million due upon execution of the dematerialization, and $3 million due upon completion of the sub-products. The resulting SLSU dematerialized sub-products will be traded through Private Trading Systems PLC (PlusMarkets: PTSP), a proprietary trading and clearing system. Private Trading Systems operates a platform for trading financial instruments in electronic form with instantaneous clearance and settlement in real time. Dematco will dematerialize, list, and then trade SLSUs on the PTS trading platform.

Carmike Cinemas, Inc. (Nasdaq: CKEC) recently announced it has made a voluntary $10 million pre-payment to reduce its bank debt. During the trailing twelve months, the Company has made approximately $33 million of payments against its outstanding debt. The Company continues to focus on operating performance improvements and selling surplus property in order to deleverage its balance sheet. In light of the continuing challenging conditions in the credit markets and the wider economy, the Company's Board of Directors has suspended Carmike's quarterly dividend. Over the past four quarters Carmike's dividend payments amounted to approximately $9 million. Going forward the Company plans to allocate its capital primarily to reducing its overall leverage.

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