Magnet Releasing acquired the U.S. rights to director Ti Wests critically acclaimed horror film "The House Of The Devil," which enjoyed a successful premiere at the Tribeca Film Festival earlier this year.

The film will be available to home viewers as a video-on-demand title through Magnolia Pictures and Magnet Releasing's Ultra VOD program in late September. A limited theatrical release will follow around Halloween.

Set in the 1980s, "The House Of The Devil" stars Jocelin Donahue as a babysitter who is lured to a remote mansion. Before long she is trapped, and her employers -- Tom Noonan ("Manhunter") and Mary Woronov ("Rock And Roll High School") -- reveal their sinister plan.

West, who was recently tapped to direct "The Haunting In Georgia," made his mark on the horror genre with 2005s "The Roost." He recently helmed "Cabin Fever 2: Spring Fever," which is scheduled for a 2009 release.

"Ti West is without a doubt one of the biggest talents in horror right now," said Tom Quinn, Magnet/Magnolia SVP and head of acquisitions. "'The House Of The Devil' is smart, truly scary, and an awesome throwback to what made '80s horror great. This kind of film is what Magnet is all about."

"Eamonn Bowles and Tom Quinn have been enthusiastic supporters of this film from the very beginning," said Greg Newman of MPI Media Group. "We are pleased that the film has found a home with Magnet/Magnolia, a company that truly appreciates the genre and will give the film an expertly crafted release."

"I'm psyched we found such a great home at Magnolia Pictures," West said. "They continue to release interesting and progressive content and have one of the most impressive slates of independent film to date. They are the perfect fit for 'The House Of The Devil.'"

West wrote and edited the film. It was produced by Roger Kass, Larry Fessenden, Josh Braun and Peter Phok.

Malik B Ali, Badie Ali, Hamza Ali and Greg Newman served as executive producers.