Motion Network in Talks With Stretch Films to Implement Turkish Country Partnership

Motion Network in Talks With Stretch Films to Implement Turkish Country Partnership

ZUG, Switzerland, March 6/PRNewswire-FirstCall/ -- Swiss Hawk AG's portfolio company Motion Network Holding Plc ("MNH") and parent company of Motion Network TV ("MNTV"), the first 24/7 free movie channel in Europe, is finalizing talks with Strech Films in Turkey in order to launch Motion Network TV Turkey. Adding to Motion Network TV Russia, Georgia, Belarus, Kazakhstan and Balkans, MNH strengthens its position in Eastern Europe. This new agreement marks a milestone in MNH's the roll-out plan as MNTV achieves its first European syndication in its aim to become a pan-European channel.

MNTV adds a vast new territory. The channel will broadcast movies that will be subtitled in Turkish and programs in Turkish locally produced by Strech Films. Strech Films has already contacted cable and digital operator and will implement MNTV's roll-out by reaching the widest audience.

With over 14 million television-owning households, the Turkish broadcasting market is one of the biggest in Europe. The vast majority of private television channels are considered as generalist in terms of their output. In recent years, there has been a rise in the number of thematic channels. There are several music, documentary, sports, news and entertainment channels. But there is no real movie thematic channel so far in the Turkish media landscape. Moreover there is significant popular demand for new technologies and services, as observed in the mobile telephone market, where there is a penetration of 40 per cent, with around 30 million users.

Strech Films is a young and ambitious production company established in 2007. It has already worked with prestigious clients such as Fox. Its creation follows the successful carrier of its founders, Ulas Ygit Ülker and Omer Faruk Baydar, in the entertainment industry. Ulas Ygit Ülker, CEO of Strech Films, enjoys a various experience as he worked for ATV, Ogilvy &Mathers Advertising Agency and take part at different levels in several movies and commercials.

"After analyzing your global business plan, made necessary research and evaluation of Motion Network TV's opportunities and challenges in the receptive market; we have, after consultation from major media actors in Turkey, reached a positive conclusion" said Ulas Ygit Ülker, CEO and founder of Strech Films.

The partnership combines MNH's European vision and network with a strong experience in all aspect of the domestic media and entertainment industry from Strech Films executives.

About Strech Films

Strech Film was established by Ulas Yigit Ulker and Faruk Baydar in 2007 after many years of experience from production of various television programs, music videos, advertisements and films. With the wide scope of knowledge the company's focus is to provide services to the costumers in terms of all steps of the production life cycle, which means in addition to the production itself, they do also contribute with pre-, post facilities and services. Despite their new entrance into the market, they have been working with reputable companies such as Fox TV, MTV and Turkcell. For further information visit http://www.strech-film.com/

About Motion Network Holding Plc ("MNH")

MNH operates in the sector of communication and provides B2C and B2B services in the area of Television, IPTV, Internet, media content production and post production, software and retail. MNH operating services cover mostly Europe, Far East and the US. MNH's wholly owned Luxembourg subsidiary Motion Network TV ("MNTV") is the main group company that operates as a pan European film and music dedicated TV channel. For further information visit http://www.motionnetworktv.com.

About Swiss Hawk AG

Swiss Hawk AG is building an alternative asset investment company focused on the environmental technology sector. The company pursues an aggressive investment policy based on actively investing and trading mainly in late stage pre-IPO and IPOs with high-growth potential and planned short term exit. Swiss Hawk is listed on the Frankfurt Stock Exchange Open Market.

          Contact:      Christophe Kourdouly, MNH/Antetime     Tel.: +33-1-72-100213-214      Pranee Schneider     Tel.: +41-41-511-0198     E-Mail: contact@swisshawk.com  

Source: Swiss Hawk AG

Contact: Christophe Kourdouly, MNH/Antetime, Tel.: +33-1-72-100213-214, Pranee Schneider, Tel.: +41-41-511-0198, E-Mail: contact@swisshawk.com

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Profile: International Entertainment