SageGroup Strategies Forms Film Industry Division to Help Troubled Film-Industry Companies Nationally and Internationally

Los Angeles, CA; New York City, NY; and Toronto, ONT -- March 22, 2005. SageGroup Strategies announces that it has formed a major Film Industry Division to serve troubled Film-Industry companies nationally and internationally.

The Film Industry is very large, complex, and highly competitive, resulting in many companies that get into financial, legal, managerial, and/or other trouble. There are many niches, specializations, and other areas, with the various types of film production requiring many types of film producers and related companies. The Industry has long been a major provider of entertainment, information, and other input to the public, companies, governmental entities, educational institutions, and many others. The troubled film producers and other Film-Industry companies have special aspects and needs with which SageGroup is very experienced and capable.

SageGroup specializes in providing professional troubled-company services to these troubled companies. In doing so, SageGroup works closely with other professional entities that provide complementary services, such as law firms, CPA firms, agents, financing entities, insurance agencies, collection agencies, and many others.

SageGroup is the largest Professional Troubled-Company Specialist firm in the U.S.A. and the world, with over sixty offices in the U.S.A., Canada, Asia, and Europe, and with several more pending offices. The Firm specializes in helping troubled companies and other complex situations. Its main objectives include to: a) resolve their serious problems; b) reorganize and restructure them in an optimal manner; c) obtain sufficient financing; and/or d) grow and develop the ongoing companies in a positive appropriate manner.

"While the Film Industry has developed many complementary relationships internally and externally, a major vacuum has related to troubled Industry companies' needs for specialized expert help in getting out of trouble and moving forward," stated Vince Cesarani, a SGS Film Industry Division Co-Manager with over 25 years of strong experience in the Industry. "SageGroup has now formed a strong special Division focused specifically on helping these companies. The Division is purposefully staffed with a group of persons with strong Film-Industry experience and/or functional expertise."

Craig Kaufman, another SGS Film Industry Division Co-Manager with strong business experience within the Industry, remarked, "The Film Industry is also rapidly evolving in various ways, including as to technologies, regulations, international trends, acceptance standards in general and adult films, and many other aspects. These changes create opportunities for some, problems for others. Because of SageGroup's strong general and Industry-specific capabilities and proactive nature, SageGroup is especially well qualified to help troubled Film-Industry companies."

Jerry Vickers, a Toronto-based SGS Film Industry Division member with much Film-Industry and other financing experience in Canada, added, "Because the Film Industry is also important in Toronto and elsewhere in Canada, it is one of the priorities of the SGS Toronto Office. And, because SageGroup is also long established in the United States, it is very capable of helping Film-Industry companies which are operating in both Canada and the U.S.A., or which wish to expand from one country to both countries."

SageGroup offers a powerful large group of professionals who are experts at helping companies get out of trouble and move forward. SageGroup's staff includes over 600 highly-qualified specialists, including: financing and financial experts; turnaround experts; troubled-company specialists; marketing specialists; international business experts; attorneys; strategists; CPAs; corporate development specialists; acquisition and strategic alliance experts; corporate executives; operations experts; global sourcing specialists; industry specialists; technologists; and many others.

SageGroup's staff has been involved in hundreds of difficult company situations, including: refinancings; turnarounds; crisis management; debtor programs; spin-outs; restructurings and reorganizations; managed wind-downs and shut-downs; and transitions into being larger, stronger, better-financed, and stronger-management-team-run ongoing companies.

The SGS Film Industry Division has at least one representative in each SGS Office in North America. For maximum confidentiality, initial inquiries from troubled Industry companies and their advisors can be directed to Larry Lindsey, a SGS Managing Director and another of the three SGS Film Industry Division Co-Managers, at SGS's International Coordination Office, phone number (510) 865-2480.