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Raven Animation Inc. Forms Joint Venture with MG Studios in Orlando to Retain Former Disney Animators

WEDNESDAY, MARCH 10, 2004 08:31 AM

ORLANDO, Fla., Mar 10, 2004 (PRIMEZONE via COMTEX) -- Raven Animation, Inc. a wholly owned subsidiary of Raven Moon Entertainment, Inc. (OTCBB:RVNM) announced today that it has signed a joint venture agreement with MG Studios in Orlando, Fla. which will allow the company to retain numerous former Disney Animators who were recently laid off by the Walt Disney Company.

As part of the agreement, MG Studios has agreed to pay Raven Animation and use the talented former Disney Animators for the projects that it currently has under contract from Raven Moon Entertainment Inc. Raven Moon Entertainment currently has a production agreement with MG Studios to produce " Gina D`s Kids Club" , " Mr. Bicycle Man" , " The BoBo Blocks" , and " Cuddle Bug Cousins" .

" This agreement with MG Studios to use Raven Animation for its animation projects gives our company an instant revenue stream, and the ability to hire some of the best former Disney animators," stated Joey DiFrancesco, Raven Moon, CEO.

Raven Animation previously announced plans to retain the former Disney animators and make them partners in their new animation company.

" Giving someone ownership gives a person self-esteem which is what our company stands for. Having self-esteem gives you a feeling of self-worth and a passion to be successful," stated Joey DiFrancesco, Raven CEO.

Raven Animation recently completed interviews with many former Disney Animators and intends to announce its new partners in the next few weeks.

For information go to www.ginads.com." Gina D`s Kids Club" products are only available through Club House Videos Inc. Visit www.clubhousevideos.com for details.

For Club House Videos Inc. investor information call 1-866-THE-APPLE or 1-866-843-2775 or Marc Jablon at (407) 877-5952 for Raven Moon Entertainment, Inc.

Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company`s products, increased levels of competition, product and technological changes, the company`s dependence upon financing and third- party suppliers, and other risks detailed from time to time in the company`s federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice.

SOURCE: Raven Moon Entertainment, Inc.

By Staff

CONTACT: Raven Moon Entertainment, Inc.
Marc Jablon
(407) 877-5952
www.ravenmoon.net

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   ISIN: US7542193013  
WKN: 120536

 
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