New York, NY (March 24, 2011) – IFC Films announced today that the company is acquiring U.S. rights to director Rob Minkoff’s (THE FORBIDDEN KINGDOM, THE LION KING) robbery comedy FLYPAPER from Foresight Unlimited. Produced by Mark Damon, Patrick Dempsey, and Peter Safran, the film stars Dempsey (GREY’S ANATOMY), Ashley Judd (CROSSING OVER), Jeffrey Tambor (WIN WIN, ARRESTED DEVELOPMENT), and Tim Blake Nelson (LEAVES OF GRASS). Jon Lucas and Scott Moore, the writers behind THE HANGOVER, penned the screenplay. FLYPAPER premiered earlier this year at the 2011 Sundance Film Festival. IFC Films will release the film theatrically and on its Video-on-Demand (VOD) platform.

Tripp Kennedy (Dempsey) ambles into a bank near closing time, just as two different gangs unwittingly converge to rob it. A shoot-out erupts, and Tripp tackles the smart, pretty teller, Kaitlin (Judd), to protect her. The gangs—one clearly made up of pros and the other a couple of buffoons named Peanut Butter (Nelson) and Jelly (Pruitt Taylor Vince) —have deadlocked themselves in a Mexican standoff. The bank’s security system starts the end-of-day lockdown and seals everyone into the building. As the night evolves, a hilarious game of cat and mouse ensues as Tripp and Kaitlin try to save the day, escape being killed, and avoid falling in love . . . almost.

Jonathan Sehring, President of Sundance Selects/IFC Films, said: “Since FLYPAPER premiered at Sundance, we have been truly excited about it. Jon Lucas and Scott Moore’s recent success with THE HANGOVER is a testament to their comedic talents, and we could not ask for a better cast to back up their hilarious script.”

Mark Damon, CEO of Foresight Unlimited, said: “With the acquisition of FLYPAPER. IFC Films will now be the U.S. distributor of both of our Sundance selections – THE LEDGE being the other one – which makes it doubly clear the faith we have in the IFC Films team. We are delighted that FLYPAPER has found the right theatrical distributor.”

The deal for FLYPAPER was negotiated by Arianna Bocco, Senior Vice President of Acquisitions & Productions for Sundance Selects/IFC Films and UTA’s Independent Film Group and Traction Media on behalf of the filmmakers and Foresight Unlimited.