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Alpha Spacecom, Inc. Forms Blue Ribbon International Advisory
Council, Cyril H.C. Fung & Michael Selsman Appointed
Asian Venture Capitalist & Entertainment Consultant to Guide Business
Development & Aid in Securing Global Product for Satellite Broadcast
HONG KONG and BEVERLY HILLS, Calif., Feb. 1 /PRNewswire-FirstCall/ -- Alpha
Spacecom, Inc. (OTC:ASPC) (BULLETIN BOARD: ASPC) , a China-based entertainment
Company converting movie theaters and multi-cinema complexes to digital
projection, and distributing entertainment in China via satellite, including
film, theater, live music and sporting events, revealed today that it has
formed a blue ribbon international advisory committee, and that Cyril H.C.
Fung, Chairman, Cyril Fung & Associates Ltd., Hong Kong, and Michael Selsman,
President of Superluminal Films, Inc., Beverly Hills, have agreed to serve on
the Council.
Alpha Spacecom Chairman, Fung T. Sien, said that, "Alpha Spacecom is an
international entertainment content provider in China. Our digital conversion
business is, likewise, based on testing, purchasing, and installing the most
appropriate equipment from the United States, Europe and Asia. As we expand,
we expect to continue to add preeminent advisory members to our board from all
over the world."
Fung's company provides corporate advisory services, deal packaging and concept
development to companies in Hong Kong, China, and other parts of Asia, the
United States and Europe. Selsman will work with Fung in helping to broaden
Alpha Spacecom's visibility in the international entertainment marketplace.
"Cyril Fung is one of the legendary financial successes in Asia. His skill and
expertise in brokering international transactions will be invaluable to our
Company's growth, and Michael Selsman has an impressive background with more
than 30 years experience in producing, distributing, and marketing motion
pictures and television programs worldwide. We will utilize their expertise to
provide us with a steady stream of entertainment projects as we continue to
convert China's movie theaters and multi-cinema complexes to digital
projection," Sien continued.
A former international investment analyst for Morgan Guaranty Trust in New York
City, Fung co-founded and was chairman of the first venture capital fund in
Asia, Inter-Asia Management Co. Ltd., which was instrumental in bringing
McDonald's to Hong Kong, and then to Singapore.
Selsman has been an executive at 20th Century-Fox, Paramount, MGM, Universal,
and Samuel Goldwyn Productions, at Goldwyn Studios. He has been a studio and
independent producer, a theatrical agent and public relations agent, and has
personally represented Marilyn Monroe, Judy Garland, James Stewart, Henry, Jane
and Peter Fonda, Marlene Dietrich, Rock Hudson, Gene Kelly, James Mason, Peter
Sellers, Lawrence Harvey, Mervyn LeRoy and others.
About Alpha Spacecom, Inc.
Alpha Spacecom, Inc. is a registered United States (Colorado) corporation
traded on the OTC Bulletin Board (ASPC:OB). Alpha Spacecom is engaged in the
research and development of technology and systems conversions related to the
reconstruction and digital conversion of movie theaters and multi-cinema
complexes and the satellite distribution of entertainment media (film, theater,
live music and sporting events) in China. (http://www.alphaspacecom.com/).
Except for historical information contained herein, the matters set forth in
this press release, such as statements relating to the Company's ability to
drive technological developments and the acceptance and timing of entertainment
systems, conversion and programming introductions, are forward- looking
statements that are subject to risks and uncertainties, including timely
development and acceptance of new systems technologies, theater conversions and
satellite linked communications.
Contact:
John Santoyo
Investor Relations
213-426-3206
213-426-3207
Los Angeles, California
DATASOURCE: Alpha Spacecom, Inc.
CONTACT: Investor Relations, John Santoyo of Alpha Spacecom, Inc.,
+1-213-426-3206, or +1-213-426-3207,
Web site: http://www.alphaspacecom.com/