SOURCE: DnC Multimedia, Inc.

January 14, 2008 10:01 ET

DnC Multimedia Announces Reverse Stock Split and New Stock Symbol

PALO ALTO, CA--(Marketwire - January 14, 2008) - DnC Multimedia, Inc. (OTCBB: DCNM) announced that as of today it has completed the reverse stock split of its common stock in the ratio of 1:150 and begun trading under its new symbol, "DCNM." DnC Multimedia, Inc. ("DnC") is a designer, manufacturer and marketer of a broad range of digital media technology products, and owns and operates an array of high-end encoding technologies and the Pluginz Network, an eCommerce marketplace for sophisticated multimedia technology.

"Consolidating our capital structure is a necessary step towards the restructuring we have undertaken over the past few months. DnC is a new company, with a new vision and an exciting new future, so a new symbol makes sense as well. The reverse split is the first step in beginning to increase the appeal and marketability of our stock, as we seek to develop shareholder value," said Robert Lott, CEO of DnC Multimedia.

DnC Multimedia, Inc. creates and markets innovative, industry-changing products for the consumer electronics and multimedia software tools markets. The company offers a broad range of digital media technology products and owns and operates the Pluginz Network, an eCommerce marketplace for sophisticated multimedia technology. DnC's portable media players have been among the highest rated in the consumer market, and are sold through leading retail chain stores in the US and Europe. Pluginz is the world's largest marketplace of digital tools for digital artists and an industry leading portal and community. The Company is now headquartered in Palo Alto, California and maintains engineering and R&D facilities in Seoul, South Korea. Additional information is available at

Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Risk factors are listed in the most recent Annual Report on Form 10-KSB filed with the Securities and Exchange Commission. Such forward-looking statements involve risks, uncertainties, which may cause the actual results, performance, or achievement expressed or implied to differ.

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