Professional Motion Picture Production and Distribution NEWS

(New York) USSE Corp., (Union Square) (Pink Sheets: UCRP) announced the acquisition of Emmy Award nominated Great Scott! Films Inc., as a wholly owned subsidiary of USSE Corp.

As an independent production company, Great Scott! Films has had a reputation for cutting edge content and quality production in both the sports and lifestyle spaces. Great Scott! Films developed and produced shows such as "Moments of Luxury with Bill Stubbs" (in its second season on PBS), the action sports series "Methods...Chronicles from the Extreme" (set to launch January 2011 on Fox Sports Net) and "Thrift America" with Conde Nast. Union Square and Great Scott! Films are currently developing several new television and film projects. Management believes they have identified a sales and production slate with a potential to exceed $5,000,000 in revenue for 2010.

"We are extremely excited about the opportunity to be a part of the USSE Corp., family," said Great Scott! President, Christopher Scott. "The combination of our turnkey production expertise with Union Square's ability to integrate marketing, sales/sponsorships, public relations, merchandising and events into the mix will make us a very strong player in the industry," Scott concluded.

Gary Cioffi, CEO of Union Square said, "The acquisition of Great Scott! strengthens our capabilities and enhances our strategy of building a full circle media organization, giving us a true 360° discipline." He continued, "The synergy created by combining our respective strengths will allow us to capture incremental opportunities, add value to our properties and create unique, multi-dimensional platforms for brands."

Resources:

http://www.unionsqagency.com