Magnet Releasing, the genre arm of Magnolia Pictures, has announced that it has acquired the U.S. distribution rights to Ti West’s critically acclaimed horror film ‘The House of the Devil’.

Here is an exerpt from the press release.

Magnet is excited to release THE HOUSE OF THE DEVIL as part of the Magnolia/Magnet Ultra VOD program, which will offer home viewers a chance to see the film a month before it debuts theatrically. Magnet plans to launch the film on VOD late September 2009, with a theatrical release timed to Halloween.

THE HOUSE OF THE DEVIL stars the sexy Jocelin Donahue stars as college student Samantha Hughes who takes a babysitting job in a remote mansion with her good friend Megan (indie favorite Greta Gerwig). She’s desperate for money and the pay is good, but something feels wrong, and Samantha quickly realizes that the girls are trapped. As a lunar eclipse darkens the night sky, she realizes that her employers—cult favorites Tom Noonan (MANHUNTER) and Mary Woronov (ROCK AND ROLL HIGH SCHOOL)—have something truly terrifying in store for them.