MyToons Secures Venture Funding

Leading Internet Animation Site completes Round of Investment Led
by Syncom Venture Partners & Barshop Ventures
LOS ANGELES--(Business Wire)--
MyToons.com, the world's premier online animation community, today
announced the completion of its second round of funding led by Syncom
Venture Partners and Barshop Ventures. The capital will be used to
support MyToons' continued technology infrastructure development and
revenue growth, as well as expanded global partnerships. Launched in
spring of 2007, MyToons.com provides global content creators with a
platform to promote and share their original animations, artwork, and
games with animators, enthusiasts and fans world-wide.

"MyToons presents a tremendous opportunity to address an
underserved niche in the on-line content marketplace," said Herb
Wilkins, General Partner at Syncom. "The MyToons team has a clear view
of what both animators and consumers are craving, and is moving
quickly to deliver key services to address those needs. We look
forward to helping take MyToons from early-adoption to mainstream
consumption."

MyToons recently became the first animation-focused website to
launch full-resolution HD streaming - part of MyToons' unique and
proprietary technology portfolio under development for several years.
Today, the MyToons community has 10,000 contributing members, over
12,000 properties, and is quickly aggregating high-resolution HD
animation content thanks to its current "Get with the Times" HD
Animation Contest. Working with MyToons, animation content creators
can promote themselves and their work at a streamed quality level that
is unrivaled on the Internet.

"We are thrilled to have Syncom Venture Partners join the MyToons
team," said Dan Kraus, CEO & Co-Founder of MyToons. "We now have two
of the premier media venture capital firms as partners, as well as a
world-class group of advisors as we look to improve and accelerate the
ways animators distribute and profit from their content."

About Syncom Venture Partners

Founded in 1977 and headquartered in Silver Spring, Maryland,
Syncom Venture Partners manages approximately $400 million of private
equity capital on behalf of some of the nation's largest corporations
and public pension funds. Syncom is the leading venture capital firm
primarily focused on early to mid-stage investments in underserved
segments of the Media and Communications Industry. Syncom Venture
Partners pioneered this investment strategy and has been involved in
the creation of many of the most successful and visible
African-American and Hispanic-owned media and communications companies
including BET, Radio One, WorldSpace, Z Spanish Radio, TV One, and
Iridium Satellite.

About Barshop Ventures

Barshop Ventures, LLC, is a diversified venture capital investment
and portfolio investment management firm, based in San Antonio, Texas.
Barshop Ventures focuses on early-stage enterprises in media and
telecommunications, life sciences and medical devices and other
fields.

About MyToons.com

Based in San Antonio Texas, MyToons.com was established in 2006 as
the premier online resource and entertainment destination for
professional animators, students, artists and animation fans.
Combining high-quality video file streaming with best-in-class social
networking for animators, MyToons.com showcases the greatest variety
of independent and studio animation anywhere. MyToons.com empowers
animators and animation fans everywhere by providing a platform for
interaction and world-wide exposure, and allowing artists to share
their techniques, discuss their thoughts and ideas, and explore their
commonalities in a robust visual environment.

MyToons is a trademark of MyToons, Inc. All rights reserved. Other
trademarks belong to their respective owners.

for MyToons Inc.
Jessica Beers, 210-227-8666
http://www.mytoons.com/?tp=pr&co=syncom&lo=bw&sz=tcet

Copyright Business Wire 2008