ZUG, Switzerland, March 4 /PRNewswire/ -- Swiss Hawk AG's portfolio company Motion Network Holding Plc ("MNH") continues its policy to implement local partnerships in Europe to create country platforms in charge of domestic advertising sales, local content production and e-commerce solutions. MNH has announced that it has concluded a local partnership deal with Komuna to create a Balkan regional platform for the exploitation of the following territories: Serbia, Montenegro, Kosovo, Bosnia, Croatia, Macedonia, Albania and Romania. Mr Maksa Catovic (prominent Serbian producer) will run the business for the Balkan region.

MNH will be the majority shareholder with a 55% shareholding in the new partnership entity and will supply 90% of subtitled programs in the Balkan regions, common programmes for global Europe.

Komuna will make the most of this peculiar and diverse region. Komuna's CEO Mr Maksa Catovic is an experienced movie producer who has produced such international box office films as "Underground" and "Black Cat, White Cat" by Emir Kusturica. Komuna is considered to be the leading Yugoslav independent TV program producer and has produced a wide range of TV programs (music programs, documentaries on music and TV series). Mr Catovic has created an integrated media company - movie, TV, music, publishing - thus Komuna is the ideal partner for MNTV in the Balkan region.

"Today MNH is in advanced talks with major partners in all regions of Europe; the aim is to have partners with the same profile as Komuna, integrated companies with vertical businesses and distribution or sales network already running" said Christophe K. Kourdouly exec VP MNH

About Komuna

Komuna is an integrated entertainment company. Komuna is the leading Yugoslav independent TV program and movie producer. It also produces music (both records and concerts) and publishes books and comics. Komuna's expertise covers the whole ex-Yugoslavian region. For further information visit http://www.komuna.com.

About Motion Network Holding Plc ("MNH")

MNH operates in the sector of communication and provides B2C and B2B services in the area of Television, IPTV, Internet, media content production and post production, software and retail. MNH operating services cover mostly Europe, Far East and the US. MNH's wholly owned Luxembourg subsidiary Motion Network TV ("MNTV") is the main group company that operates as a pan European film and music dedicated TV channel. For further information visit http://www.motionnetworktv.com.

About Swiss Hawk AG

Swiss Hawk AG is building an alternative asset investment company focused on the environmental technology sector. The company pursues an aggressive investment policy based on actively investing and trading mainly in late stage pre-IPO and IPOs with high-growth potential and planned short term exit. Swiss Hawk is listed on the Frankfurt Stock Exchange Open Market.

For further information contact: Christophe Kourdouly, MNH/Antetime Tel: +33-1-72-100213/214 Pranee Schneider Tel: +41-41-511-0198 Email: contact@swisshawk.com

For further information contact: Christophe Kourdouly, MNH/Antetime, Tel: +33-1-72-100213/214; Pranee Schneider, Tel: +41-41-511-0198, Email: contact@swisshawk.com