VGTL VGTel Inc (CE)

VGTel, Inc. Completes 4K Ultra-High Definition Scanning of Another Giant Screen Film and Prepares to Market Its Inventory of UHD Films to International Markets

NEW YORK, NY--(Marketwired - March 17, 2014) - VGTel, Inc.  (OTCQB: VGTL) announced today that it has completed the ultra high definition ("UHD") digital scanning of the giant screen format film Bears and is preparing to offer its growing inventory of 4K films at upcoming international film markets. 

Back in December, VGTel entered into agreements to finance the digital scanning of a series of 15/70mm films to an 8K digital format. In collaboration with its production and distributor partners, the films have all been scanned, downscaled to 4K resolution and are presently being offered for 4K or ultra high definition television ("UHD TV") broadcast and theatrical distribution.

Along with Bears, the company has completed the digital scanning of the documentary films Adrenaline Rush: The Science of Risk, Alaska: Sprit of the Wild and Amazing Journeys. The 4K cinema version of Adrenaline Rush: The Science of Risk was recently licensed to the Oregon Museum of Science and Industry.

The pieces are all in place for 4K to become the new standard in entertainment and it is VGTel's intention to become a major supplier of 4K films. With all of the leading TV manufacturers presenting 4K models at CES 2014, media providers have committed to delivery of the new UHD format. For example, Comcast recently announced its commitment to 4K broadcasting with its Xfinity 4K app for Samsung UHD TVs and 4K-capable set-top boxes and the over-the-top providers like Netfilx, Amazon and YouTube will all offer streaming UHD content beginning this year.

The VGTel 4K titles will all be represented at upcoming film markets including the Giant Screen Cinema Association ("GSCA") Film Expo on March 24-25 in Austin, Texas and MIP TV in Cannes, France on April 7-10.

About VGTel, Inc.  VGTel, Inc. is a multi-platform company offering products and support in the entertainment industry and is focused on a strategy of growing and building business units through investments and acquisitions. For further information, and a film clip of Adrenaline Rush go to www.360entertainmentandproductions.com.

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Investor Contact: James Humann (858) 412-9193VGTel, Inc. dba 360 Entertainment & Productions Phone: (845) 368-10110