ZUG, Switzerland, December 18 /PRNewswire/ -- Swiss Hawk AG is pleased to announce that its portfolio company Hollywood Entertainment Exchange Plc ("HEE") has been the subject of a reverse takeover transaction whereby HEE has acquired 99.5% of the shares in Motion Network TV SA and HEE has been renamed to Motion Network Holding Plc ("MNTV"). As a result of the transaction Swiss Hawk AG holds 40 million shares in MNTV.
About Motion Network Holding Plc ("MNTV")
MNTV thinks globally and acts locally. MNTV provides television network and ancillary interactive technologies, a global and free access pan European TV network dedicated to films with an innovative business model allowing producers and/or distributors to exploit their rights within a short time window without spoiling their rights with their current businesses.
Today, Media content has become key and the communication sector has offered MNTV a wide range of partnerships including TV companies in China and the US, European interactive Internet portals and also ancillary businesses involved in technology and film financing etc.
MNTV currently operates a vertical business in the media spectrum through distribution networks and operates out of offices worldwide run through subsidiary companies in Luxemburg, London, Paris, Zurich, Stockholm, Moscow, Denver, Shanghai and Hong Kong.
The MNTV management team is led by founders and visionaries Pierre Yves Dongour and Christophe Kourdouly both with senior experience in the TV and TMT sectors . The founders have created a strong senior executive management team with previous senior level experience with leading media companies in Europe and US including SBS, Endemol, European Union FMA, New Line/ RTL group and others.
For further information about MNTV visit http://www.motionnetworktv.com. The Motion TV portal will be launched within one month.
About Swiss Hawk AG
Swiss Hawk AG is building an alternative asset management business through the pursuit of an aggressive investment policy based on actively investing and trading in participations in alternative asset class transactions (mainly late stage pre-IPOs / IPOs) with high-growth potential and planned short term exit. Swiss Hawk focuses on the following business sectors: Digital Media & Entertainment, Information Technology, Real Estate Investment Management & Finance, and Renewable Energy & Environmental Technology. Swiss Hawk is listed on the Frankfurt Stock Exchange Open Market.
For further information, please contact: Mr Joseph Wipfli Tel: +41-41-511-0198 E-Mail: contact@swisshawk.com
For further information, please contact: Mr Joseph Wipfli, Tel: +41-41-511-0198, E-Mail: contact@swisshawk.com
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