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News Release

YALETOWN ENTERTAINMENT CORP.
407 - 535 Howe Street,
Vancouver, B. C. V6C 2Z4
Tel: (604) 688-0118
Fax: (604) 688-3348
CUSIP# 984909101
Rule 12g3-2(b)# 82-4336
 
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Tuesday, March 20, 2001
CDNX Trading Symbol: ECY

 

 
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcements:
 
APPOINTMENT OF NEW MANAGER OF MARKETING AND CORPORATE COMMUNICATIONS
 
The Company announces that M. G. (Mickey) MacMurchy has joined the Company as Manager of Marketing and Corporate Communications. Mr. MacMurchy joins Yaletown after a long career as a self-employed businessman in the sales and marketing field. Mr. MacMurchy also brings film and television experience having acted in such productions as Clan of the Cave Bear (Darryl Hannah), Secret Sunday (James Farentino, Parker Stevenson) and Wise Guy (Ken Wahl).
 
Mr. MacMurchy will focus primarily on marketing initiatives for the Company's new television series in development and will assist in promoting the Company's digital postproduction facilities, the Post-Digital Group. He will also assume some of the responsibilities left vacant by the resignation of the Company's former Manager of Corporate Communications, Mr. Roger Kelly who has resigned.
 
"We previously announced that we already have 45 episodes of television committed for 2001" commented Yaletown President Mike Collier. "However, we cannot become complacent. We have a number of good new series in development and it is important that we aggressively market these to new broadcasters, particularly American broadcasters. Our digital postproduction arm is a state-of-the-art facility and we want to promote its capabilities to producers across the Pacific northwest "
 
SURRENDER OF STOCK OPTIONS
 
Concurrent with his resignation, Mr. Kelly has also surrendered all outstanding incentive stock options.
 
Yaletown Entertainment Corp. is an award winning television and movie producer listed on the Canadian Venture Exchange under trading symbol ECY.
 
For further information, please contact Mr. John Cumming, Chief Executive Officer, at telephone 604.688.0118 or check out our web site at www.yaletownentertainment.com.
 
John C. R. Cumming
 
John C. R. Cumming, Director, Chairman & C.E.O.

 
THE CANADIAN VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.
 
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Yaletown Entertainment Corporation, Vancouver B.C. Canada
tel: (604) 669-3543 - Executive/Production Offices
Canadian Venture Exchange: ECY