Platinum Studios to Receive Ongoing Coverage in the Hollywood Stock Review.
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LOS ANGELES--(Business Wire)-- Platinum Studios Inc. (OTCBB: PDOS) announced today that it has engaged Institutional Analyst Inc. (IAI) to provide ongoing coverage of the company, to be distributed to its database of institutional investors specializing in investments within the Entertainment sector. IAI is an independent research and financial relations consulting firm. Coverage will be delivered via "The Hollywood Stock Review" (HSR) newsletter, which provides coverage for publicly-traded entertainment companies. Established in 1995, the Hollywood Stock Review is a wholly owned publication of IAI. The universe of entertainment stocks which IAI analyzes includes large cap companies such as Disney (DIS), Marvel (MVL) and Viacom (VIA) and additionally encompasses small cap companies stocks such as Lions Gate (LGF) National CineMedia (NCMI) and Stereo Vision (SVSN). "With the recent announcement of our fifth property being optioned, three of which are with a major movie studio, and this being only our fourth month of being a publicly traded entity, we felt this was the opportune time to initiate a relationship with Institutional Analyst Inc," stated Scott Mitchell Rosenberg, Platinum Studios' Chairman and CEO. "Platinum Studios is a small entertainment company with big plans and great ambitions," stated Roland Perry, editor of the HSR. "Despite its low share price and small-cap market valuation, Platinum Studios, in our opinion, has quickly assembled one of the most impressive, focused and powerful teams of entertainment industry executives we have come across. During the 13 years we have been covering companies in the entertainment business, we have come to understand that despite the 'creative element,' companies have to be rough and tough in Hollywood to survive. After meeting with management in Los Angeles, it is our impression that they are well positioned to emerge as one of the front-runners in the creation of new content across all media platforms around the world. As part of their plan for achieving this, they have set a goal of creating a library valued north of $250 million. The company has built and continues to build its intellectual property portfolio, which currently contains more than 5,600 characters spanning a full range of genres and styles and which we believe is a gold mine of unexploited properties." "Equally impressive has been the ability of the company's Filmed Entertainment division to navigate treacherous Hollywood waters and enter into agreements with heavy hitters such as Disney and DreamWorks Studios, in partnership with Universal Pictures and Imagine Entertainment, as well as the producing team of Kurtzman/Orci ("Transformers"). Additionally, they are forging a parallel path with independently financed films, partnering with Ashok Amritraj's Hyde Park Entertainment ("Street Fighter") and Arclight Films ("The Bank Job"). Also noteworthy, is the company's nascent Print Publishing Division which has already secured agreements with HarperCollins ("Cowboys and Aliens") and Random House a division of Bertelsmann, AG ("Unique")," he added. "Finally, in light of all the foregoing, with a market valuation under $30 million, and with the example of Marvel's 'Iron Man' grossing $350 million in its first 10 days, the upside for this company's stock is understandably attractive for aggressive investors." Brian Altounian, President and COO of Platinum Studios stated, "Platinum employed an alterative method of 'going public' by utilizing the direct registration process after raising $5 million in a private equity offering. While these types of corporate financings are gaining in popularity, they do not possess the same level of publicity and build up of momentum associated with traditional IPOs, thereby resulting in significantly lighter trading activity post effectiveness. Independent research firms such as Institutional Analyst were formed to bridge this market 'awareness gap' by proactively contacting institutional investors -- and in our case, those investors who currently own shares in other entertainment related companies." "While Platinum hasn't yet gained the attention of Wall Street, it has received considerable coverage in the press from industry sources such as The Hollywood Reporter, Weekly Variety and Daily Variety to full articles in mainstream media including The Los Angeles Times and the New York Times to televised coverage on EXTRA! and CNBC," continued Mr. Perry. "We are in the process of preparing a detailed research report on Platinum Studios covering its various operating divisions including Filmed Entertainment, Print Publishing, Digital Publishing and Merchandising, which will include detailed information on its impressive management team and their goals and aspirations. Platinum's business model does not require it to own every property it represents, only to control the rights to develop it in other media. With the surging wave of worldwide interest in comic books and graphic novels as source material for new content - as evidenced by Iron Man's $200 million worldwide debut weekend for Marvel Entertainment - and the fact that Platinum's CEO Rosenberg was instrumental in bringing the billion-dollar film and television franchise 'Men in Black' to Hollywood, we do not anticipate having any difficulty in attracting a large audience, to begin following the progress of Platinum, as it continues to monetize its current library and build on its considerable intellectual property portfolio." Investors wishing to be added to the Hollywood Stock Review mailing list can subscribe at http://www.hollywoodstockreview.com or at the Hollywood Stock Review Network site at http://hollywoodstockreview.ning.com/. About the Hollywood Stock Review: The Hollywood Stock Review is part of the Industry Stock Review family of Industry specific newsletters covering the top performing companies within Technology, Biotech, Solar, Entertainment, industries. The Internet Stock Review, its flagship letter which was launched in December of 1998, is one of the oldest investment newsletters specializing in the companies which derive benefits from Internet related technologies. News Links to Platinum Studios: La Repubblica (Italy): http://www.platinumstudios.com/news/article.php?article=202 Screen International Daily: http://www.platinumstudios.com/news/article.php?article=203 Variety: http://www.platinumstudios.com/news/article.php?article=202 Screen International Daily: http://www.platinumstudios.com/news/article.php?article=202 Variety: http://www.platinumstudios.com/news/article.php?article=201 The Hollywood Reporter http://www.platinumstudios.com/news/article.php?article=201 CNBC: http://www.platinumstudios.com/video/cnbc/ EXTRA: http://www.platinumstudios.com/video/extraKISS/ New York Times: http://www.platinumstudios.com/news/article.php?article=157 New York Times: http://www.platinumstudios.com/images/news/142_142_large.jpg Los Angeles Business Journal: http://www.platinumstudios.com/news/article.php?article=186 Archive of All News Coverage: http://www.platinumstudios.com/news/archive.php 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 5,600 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. 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. Although expected, 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; its markets, products, 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 with the SEC. Platinum Studios, Inc. Media Requests: Randy Greenberg, 310-807-8140 Randy.Greenberg@platinumstudios.com or Investor Requests: Thomas Becker, 702-478-7363 firstname.lastname@example.org Copyright Business Wire 2008
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