SOURCE: Cody Ventures Corporation

March 18, 2008 08:35 ET

Letter to the Cody Ventures Corporation Shareholders

NEWPORT BEACH, CA--(Marketwire - March 18, 2008) - Cody Ventures Corporation (PINKSHEETS: CVCP)

Dear Cody Ventures Shareholders:

While online advertising growth continues, there are significant benefits of scale in advertising platform economics, in capital costs for search index build-out, and in research and development, making this a time of great growth and development. Today, the market is increasingly segmented by more and more choices and that is why we are convicted that our flagship site, theouterpost.com, can offer a credible alternative for community users, advertisers, and publishers. There are lot developments at Cody Ventures and we have grouped them into four categories for the purposes of this communication:

Scale economics: We are looking to release the synergies related to scale economics of our advertising platform across our network of current and future projects. This includes synergies across both search and non-search related advertising that will strengthen the value proposition to both advertisers and publishers. We see it as a chance to consolidate capital spending.

Expanded R&D capacity: As an emerging market company we are looking at real cost efficient ways to boost R&D while trying to keep the majority of the core development work internal to Cody Ventures. We try to follow a formula that puts 100% of our development in the United States.

Operational efficiencies: We are dedicated to creating a high output redundant infrastructure to ensure uptime and the best possible response for our user base.

Emerging user experiences: Our focus that is driving our innovation may see products from Cody Ventures in emerging scenarios such as video, mobile services, online commerce, social media, and social platforms.

We believe this proposal represents a unique opportunity to create significant value for Cody Ventures shareholders and employees, and the company will be better positioned to provide an enhanced value proposition to users and advertisers. We know that it has been a bumpy ride but we feel that we are finally in the clear and will have good news corporately, technically and financially over the next several months. As a reference we look at the news we have already delivered:

Theouterpost.com flipping 2,000 members.

Our college scholarship program.

Our continued member contests to encourage site members to invite their friends.

Corporations are operating in the most competitive global market that we have ever seen. Technology and the roll out of telecommunications has changed the shape of our world and has provided greater opportunities for people (our customers) to take advantage of products and services that were once unknown and unavailable to them. Increasingly we must constantly find new and innovative ways of improving our business in a rapidly changing environment. This is our commitment.

Roy E Cooper, President

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