GD ENTERTAINMENT & TECHNOLOGY, INC. ANNOUNCES $200,000 MINIMUM GUARANTEE DISTRIBUTION AGREEMENT WITH 21st CENTURY PRESS

 

GD ENTERTAINMENT & TECHNOLOGY, INC. ANNOUNCES $200,000 MINIMUM GUARANTEE DISTRIBUTION AGREEMENT WITH 21st CENTURY PRESS 

 

AGOURA, CA -- April 7, 2015 -- InvestorsHub NewsWire -- GD Entertainment & Technology, Inc. (OTC Markets: DNNC), today announced that it has signed a distribution agreement for its animated graphic novel, “StoneAge Santa” with 21st Century Press of Springfield, MO.  This agreement, which calls for a minimum guarantee of $200,000, is for 3 years and covers both digital (eBook) and print book distribution rights.   21st Century Press is a leading independent book publisher with over 20 years of experience in publishing and distributing children’s and faith-based intellectual property. 

 

“We are excited about our relationship with GDET and believe StoneAge Santa will be a successful addition to our digital distribution pipeline,” said Dr. Lee Fredrickson, founder and CEO of 21st Century.  “We love its unique twist to the holiday theme, and with the rapid expansion of children’s eBook reading, will quickly become a holiday favorite.”

 

“We are pleased to be working with 21st Century Press for this unique title,” explained Dong Chung, CEO of GDET. “Dr. Fredrickson and his team are focused and dedicated to developing niche digital markets, and we are looking to aggressively expand into the digital publishing and mobile app arena with our properties.” 

 

About GD Entertainment & Technology, Inc.:

GDET specializes in the development, production and exploitation of media and technologies worldwide. GDET and its management have created, produced, and/or distributed a variety of family-friendly content, including: Conan the Barbarian animated DVD, animated Voyages of Young Dr. Doolittle and Adventures of Odyssey and the acclaimed graphic novel series, The Almighty Bible, an ebook & print version of the Bible for teenagers. GDET principals have over 80 years of combined experience in producing and distributing media, consulting to and licensing major intellectual properties globally, including Warner Brothers, Marvel/Disney, and Mommy & Me.  GDET has several projects in development including an animated feature film, a live stage show and an adaptation of a successful juvenile book series for digital video and mobile games.

 

Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate," "project," "intend," "expect," "should," "believe," and similar expressions are intended to identify forward-looking statements. These statements involve, and are subject to known and unknown risks, which could cause GDET actual results, performance (financial or operating) or achievements to differ from the future results, performance or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in GDET filings and Disclosures. All forward-looking statements attributable to GDET herein are expressly qualified in their entirety by the above-mentioned cautionary statement. GD Entertainment & Technology, Inc. disclaims any obligation to update forward-looking statements contained herein, except as may be required by law.

 

Contact:

Lawrence Bracco

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