January 17, 2005

AL. NEYER, INC. TO BREAK GROUND JAN. 18, 2005, FOR NEW GREAT ESCAPE THEATRE COMPLEX IN MASSILLON, OHIO

ALIANCE ENTERTAINMENT, FAST-GROWING DEVELOPER OF THEATRES NATIONWIDE, OPENING MASSILLON IN MAY '05

1,900-SEAT, 12-SCREEN THEATER SPOTLIGHTS POTENTIAL FOR NEW RETAIL/RESTAURANT DEVELOPMENT NEAR STATE ROUTE 21 AND CHERRY ROAD NW INTERSECTION

Cincinnati, Ohio - Al. Neyer, Inc., a national commercial real estate developer and design-build firm, will officially break ground tomorrow at 1 p.m. on a new theatre complex at 175 Cherry Road NW in Massillon, Ohio, for Aliance Entertainment.  The 48,300-square-foot movie complex represents an $8 million investment by Aliance, an Indiana-based owner and developer of Great Escape Theatres. Al. Neyer is providing all design/build services for the project.

James Marcus, vice president of construction and property management for Aliance Entertainment, says the theater project represents a significant addition to Massillon's efforts to encourage new retail/restaurant development at State route 21, near downtown.

"The city of Massillon's contributions to getting this project started have been tremendous," Marcus says.  "We appreciate the partnership that's developed."

According to Chris Knueven, Al. Neyer vice president of design-build,  "We've designed Great Escape Massillon 12 to provide a safe, attractive and state-of-the-art entertainment venue for its patrons, first and foremost. Aliance Entertainment has a commitment to providing the finest movie-going experience available.  It will be a wonderful addition to the city of Massillon."

"Great Escape Massillon will have a very appealing, Art Deco look," Knueven explains, "recalling the glory days of Hollywood." Inside, a high-quality sound system and stadium seating are planned.

Aliance Entertainment owns and operates about 125 movie screens in various Kentucky, Ohio, Pennsylvania and Indiana locations and is among the fastest growing and most successful theatre development companies in the country.

Aliance President Anne Ragains says the theater will show first-run films and accommodate 1,908 moviegoers in stadium seating, with a digital sound system.  "Great Escape 12 will be open by May 2005," Ragains says.

Al. Neyer, Inc. is a leading developer and provider of design/build services throughout the United States, focusing on commercial, industrial and mixed-use, urban development.  For project information, please visit www.neyer.com.

Contacts:

Chris Knueven                                                                   
Vice President, Design-Build
Al. Neyer, Inc.
(513) 271-6400

Anne Ragains
Aliance Entertainment Inc.
(812) 945-4076

Bob Sanderson
City of Massillon
(330) 830-2853

About Aliance Entertainment:

• Company formed in 1997 and is based in New Albany, Ind.
• Aliance Entertainment, Aliance Management and Great Escape Theatres employ over 400 people.
  The average theatre project costs $10 million (depending on size).
• Each Great Escape Theatres location is equipped with standard features that include digital sound, stadium seating, an electronic game room and a similar art deco exterior
• Currently operates 115 screens at 12 sites in Indiana, Kentucky, Tennessee, Ohio, Pennsylvania and West Virginia, with 36 screens presently under construction in 2004 and 92 in development for 2005.

About Al. Neyer, Inc..:

• Founded in 1894 in Cincinnati, Ohio, by Joseph Neyer, a building craftsman.
• Company evolved into larger, commercial buildings. At first, churches and schools were the company's bread and butter.  By the 1960s, it took on larger commercial building projects, such as Beechmont Mall in Cincinnati.  It became a developer by the mid '70s, purchasing land and building industrial and office projects. 
• Still owned and operated by members of the Neyer family, Al. Neyer is now a full-service developer and design-build firm, focusing on corporate office, industrial and mixed-use residential and commercial developments in urban neighborhoods.
• In 2004, Al. Neyer created a sales office in Pittsburgh to help service growing companies in the northeast.
• Project information available at www.neyer.com.