Platinum Studios Presents The Comic Book Challenge 2008

[ENGLISH] LOS ANGELES–(BUSINESS WIRE)–Platinum Studios, Inc. (OTCBB: PDOS), an entertainment company that controls an international library of more than 3,800 comic book characters which it adapts, produces and licenses for all forms of media, announced today the launch of The Comic Book Challenge™ 2008 at www.ComicBookChallenge.com. The launch of the site will coincide with the release of Jorge Vega’s 2007 winning title, Gunplay, at the Wizard World LA convention on March 15, 2008. Submissions for this year’s contest officially will open at 12:01am on Thursday, May 1st, 2008 and close at 11:59pm on Saturday, May 31, 2008.

Changes to The Comic Book Challenge™ submission process are detailed on the contest website, but include the submission of three pages of artwork, instead of only the single page required in previous years. Aspiring comic book creators will have one month to submit their entries at www.ComicBookChallenge.com. An internal Platinum Studios committee will select the Top 50 entrants, who then will move on to pitch their ideas to a panel of celebrity and entertainment industry judges on July 24th during the 2008 Comic-Con International in San Diego, CA. The finalists chosen by the judging panel will then have their work voted on by fans across the globe, with the winner receiving a multitude of prizes including the coveted publishing deal.

“We’re upping the ante a little bit this year with our three-page requirement because comics are about effective storytelling in a visual medium and not about key art or character designs,” said VP of Content Development, Dan Forcey. “We really want to see what your vision for the piece is and that you can really shine in the medium of sequential art.”

“We have seen The Comic Book Challenge grow significantly in just a few short years,” said Platinum Studios Chairman & CEO, Scott Mitchell Rosenberg. “With last year’s entrants representing nearly two dozen countries — triple the number of countries from our inaugural contest — we look forward to continuing to build on the success of The Comic Book Challenge.”

The Comic Book Challenge 2008 winner will receive a publishing deal with Platinum Studios, which will include print, online, and mobile distribution. In addition, the company will help develop the property for film and television. The Comic Book Challenge past winners include DJ Coffman’s “Hero By Night,” which sold out through Diamond Comics Distributors during its first print and is now an ongoing series in its second volume, and Jorge Vega’s 2007 winning entry, “Gunplay,” which will debut at Wizard World LA this March.

About Platinum Studios, Inc.

Platinum Studios (OTCBB: PDOS) is an entertainment company that controls an international library of comic book characters from all over the world, which it adapts, produces and licenses for all forms of media including print, film, online, mobile / wireless, gaming, and merchandising. Platinum Studios’ library contains more than 3,800 characters spanning a full range of genres and styles, and also includes properties such as www.DrunkDuck.com, the industry’s preeminent webcomics community. Working with leading companies in the entertainment and new media sectors, Platinum believes it is well positioned to emerge as one of the front-runners in the creation of new content across all media platforms. Platinum Studios – Comics Fueling Media EVERYWHERE!

To learn more about the company and to sign up for our newsletter, please visit our website at http://www.platinumstudios.com/news/index.php .

Platinum Studios Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words « anticipate, » « believe, » « estimate, » « may, » « intend, » « expect » and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of Platinum Studios and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting Platinum Studios and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by Platinum Studios.

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