108 Media and Paladin picked up all North American rights to Michel Gondry's Bronx tale The We and The I at the Toronto International Film Festival, where the film made its North American screening debut last year (2012).

The film, which we've been tracking since its Director's Fortnight debut at the Cannes Film Festival in May, stars Michael Brodie, Teresa Lynn, Laidychen Carrasco, Raymond Delgado, Jonathan Ortiz, Jonathan Worrell and Alex Barrios, and is described as follows:

The We and the I is the heartfelt and comical story of the final bus ride home for a group of young high school students and graduates. As kids depart the bus for the last time, we get to learn about these graduates as they step into the world – their love, their conflicts, their despair and their hope.

As noted in our last post on the film, there's a sci-fi element to the story – the school kids accidentally travel into the future, where they discover a machine that keeps people young; although there's really no sign of that part of the story in the below trailer.

Mars Distribution is handling the film's release in France, while 108 Media and Paladin plan to release it in New York and Toronto in early March 2013, before expanding to other major markets.

Before then, however, the film will make its USA Premier at the 15th Annual SF IndieFest next month, as the festival's Opening Night film, screening on Thursday, February 7th at the Roxie Theater in San Francisco.

Other films of note set to screen at SF IndieFest include the Ice-T exec produced Iceberg Slim: Portrait Of A Pimp.

The trailer for The We and The I, follows below (poster underneath):