PHASE 4 FILMS ACQUIRES JORDAN GALLAND'S ALTER EGOS FOR ITS "KEVIN SMITH'S SMODCAST PICTURES PRESENTS" LABEL

Los Angeles, CA (July 16, 2012) - Berry Meyerowitz, President & CEO of Phase 4 Films, announced today that the company has acquired U.S. and Canadian rights to writer-director Jordan Galland's superhero comedy ALTER EGOS. The film is to be released under the company's new "Kevin Smith's SModcast Pictures Presents" banner. Scheduled to premiere at the Fantasia Film Festival July 24^th, the film stars Kris Lemche ("Final Destination 3"), Brooke Nevin ("Breakout Kings"), Joey Kern ("Super Troopers," "Electric City"), with John Ventimiglia ("Sopranos") and Danny Masterson ("That 70's Show," "Men At Work"). Musician Sean Lennon, who previously collaborated with Galland on the score of Galland's film Rosencrantz and Guildenstern are Undead, contributed an original musical score for the film, and also plays the role of a super villain.

The film was produced by Jordan Galland, Carlos Velazquez, Dan Farah of Farah Films (Relativity's reboot of "The Crow", Screen Gem's "Armored"), Milan Chakraborty of Attic Light Films, and Executive Produced by Ed Mcwilliams of Attic Light Films.

"We're so pleased to have ALTER EGOS joining the label," said Meyerowitz. "It's originality, wit, and of course genre, make it a natural fit for our Kevin Smith family."

Noted Farah: "Jordan and Kevin both have a strong inside understanding of the fanboy audience, which makes collaborating on this unique superhero comedy a perfect fit."

"I grew up watching Kevin Smith's films, which were a big inspiration for me, there's definitely some Kevin Smith DNA in my writing," said Galland. "It's a remarkable thing to have Alter Egos being presented by SModcast and Phase 4. Feels like meant to be."

ALTER EGOS is set in a world in which super heroes are real but have recently lost all government funding and public support. Out of that comes a quirky and very original comedy about an underappreciated superhero who jeopardizes a dangerous mission with his own emotional crisis, and the girl who comes to his rescue.

Phase 4 and SModcast Pictures' distribution partnership, which was announced in early 2012, will allow Phase 4 to acquire exclusive rights to exhibit and distribute up to twelve films per year under Smith's banner.

The deal for Alter Egos was negotiated by Phase 4's Larry Greenberg and Katharyn Howe with Maren Olson and Traction Media on behalf of the filmmakers. Galland is managed by Farah.

About Phase 4 Films:

Phase 4 Films distributes feature films and special interest content across all traditional theatrical and new media platforms in North America. The company's previous releases include the provocatively sexy road movie HICK, starring Chloë Grace Moretz, Blake Lively, and Eddie Redmayne; 2011 Sundance award-winner ANOTHER HAPPY DAY, Sam Levinson's dark comedy about a dysfunctional family, starring Ellen Barkin, Demi Moore, and Ezra Miller; and the Canadian tour of Kevin Smith's RED STATE, starring Michael Parks, Melissa Leo and John Goodman. Upcoming releases for the company include Rebecca Thomas' 2012 SXSW favorite ELECTRICK CHILDREN starring Julia Garner, Rory Culkin, and Liam Aiken; Nate Meyer's SEE GIRL RUN starring Robin Tunney andAdam Scott; Carrie Preston's Sundance 2012 hit comedy THAT'S WHAT SHE SAID starring Anne Heche, Marcia DeBonis, and Alia Shawkat; and Andrew Edison's high school comedy BINDLESTIFFS, which will be released in partnership with Kevin Smith under the SModcast Pictures Presents banner.

About SModcast Pictures:

A division of SModCo, SModcast Pictures covers the visual spectrum of S.I.R. and SModcast.com. Their debut release RED STATE toured the USA, Canada and the UK, winning Best Film at the Sitges Film Festival in Spain. SModcast Pictures is also the co-producer of COMIC BOOK MEN for AMC - the unscripted television series set in a New Jersey comic book store. Their forthcoming release, JAY & SILENT BOB'S SUPER GROOVY CARTOON MOVIE, will blend live action footage and R-rated animation. SModcast Pictures also produces the SMODCO CARTOON SHOW - a monthly series that animates audio from various SModcast.com podcasts.

About Jordan Galland:

Jordan Galland is a writer, filmmaker and musician from New York City.   Prior to Alter Egos, Galland wrote and directed Rosencrantz And Guildenstern Are Undead which premiered at Slamdance and was distributed by Indican Pictures. His musical projects include three solo albums, collaborations with Mark Ronson and Daniel Merriweather and a plethora of scores for film & TV, including Tiny Furniture, The Neistat Brothers' self-titled HBO series and indie comedy Supporting Characters.