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International Entertainment News

Wednesday, July 25, 2007

Hollywood Entertainment Exchange Successfully Listed on the Frankfurt Open Market

Hollywood Entertainment Exchange Successfully Listed on the Frankfurt Open Market

LONDON, July 25/PRNewswire/ -- The London based company Hollywood Entertainment Exchange Plc, ("HEE"), is pleased to announce its successful listing on the Open Market of the Frankfurt Stock Exchange with effect of July 25, 2007, the Company's shares are listed with trading symbol "HOR".

The number of the issued shares amount to 20,000,000 at an initial listing price of EUR 1.50. The free float equates to 40%, the remaining shares being held by the founders of HEE, its Management team and key investors.

The Company's German trading codes are:

Local Code: A0MUM7

Symbol: HOR

ISIN: GB00B1YMVR21

Bloomberg: HOR:GR

Hollywood Entertainment Exchange Plc is a company that was created for the development and holding of the "Dotlight" project, an internet based interactive talent and media platform for both the stars of tomorrow and the established movie, music and showbiz producers.

Since its incorporation the management has decided to also look at other possible interesting internet based media projects. HEE is devoted to finding and developing innovative, entertaining and user-friendly multimedia solutions especially focusing on the audiences from 15 to 35. HEE aims at becoming one of the leading specialists in this line of business and believes that there is no stopping in the development of the use of internet for the type of services that it is focusing on.

Jos van den Berselaar, CEO, said "Looking at the current changes in the media consumption attitude it becomes clear that the Internet is the source of compelling new opportunities. Social interaction, on demand entertainment and self-expression are keywords in the consumption attitude. Hollywood Entertainment Exchange intends to provide answers to the requirement for on-line user generated content emphasizing the world of media and entertainment".

For more information about the company and its services and products offered please visit http://www.hollywoodentex.com.

About Hollywood Entertainment Exchange

Hollywood Entertainment Exchange is an online media vehicle devoted to find and develop innovative, entertaining and user-friendly internet based media projects.

          Investor Relations:          Swiss Hawk AG     Mary Prendergast     Tel: +41-41-511-0198     Email: investors@hollywoodentex.com  


Source: Hollywood Entertainment Exchange

Investor Relations: Swiss Hawk AG, Mary Prendergast, Tel: +41-41-511-0198, Email: investors@hollywoodentex.com


Profile: International Entertainment

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