Los Angeles, CA – January 31, 2008 –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 including print, film, online, mobile / wireless, gaming, and merchandising, today announced that the company’s shares have been approved for trading on the NASD’s Over-the-Counter Bulletin Board market under the symbol PDOS.

"Our new trading symbol, PDOS, allows our existing shareholders and potential new investors to obtain our trading and financial information, as well as keep up to date on our company’s developments and accomplishments," said Scott Mitchell Rosenberg, Platinum Studio’s Chairman and CEO, and comic creator.

Brian Altounian, President and COO, and architect of the company’s public registration process and investor base development, said, "With Platinum Studios' access to Wall Street, we are now able to accelerate the development of our intellectual property portfolio, turning our characters into cash flow by developing and merchandising them across all forms of media. We currently have properties in development across a myriad of entertainment platforms." Platinum Studios controls a comic book library of more than 3,800 characters in which it has developed four core areas for the merchandising of its intellectual property – Print Publishing, Online/Mobile, Filmed Entertainment, Merchandise/Licensing

Platinum Studios continues to expand its vast library, through acquisition and by way of its annual Comic Book Challenge™ held in San Diego during the same week as the International Comic-Con Convention, the industry’s largest annual trade show. The elimination style contest in which fans vote on the new characters and concepts presented by talented newcomers, draws thousands of applications and has already produced two new comic book franchise properties, "Hero by Night" and "Gunplay". In addition to owning the social comic site DrunkDuck, where anyone can upload their comic creations to share them with a vast reader community, Platinum Studios also has partnered with Comflix Studios in the creation of Splastk: the first web syndicated, comic book-fueled video network.

In its mobile division, Platinum Studios has launched the mobile comics site, www.PT78mobile.com, and has partnered with Skyward Mobile and PlayPhone.com, allowing fans to consume their favorite comics wherever and whenever they want.

The film and TV division is moving forward, with DreamWorks and Universal Pictures (NYSE: GE) partnering to turn the graphic novel, “Cowboys & Aliens”, into a full-length feature, and with Walt Disney Pictures (NYSE: DIS) on board to develop the company’s comic book series “Unique” into a full-length feature film.

To learn more about the company and to sign up for our newsletter, visit www.platinumstudios.com.

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.


Hero By Night Vol. 1 HC
Hero By Night Ongoing #3