SOURCE: Platinum Studios

Platinum Studios

March 18, 2010 09:00 ET

Platinum Studios Promotes Collins and De Marco in Its Film & TV Division

Greenberg Group's Randy Greenberg Continues to Handle Business Affairs & Strategy

LOS ANGELES, CA--(Marketwire - March 18, 2010) -  Over the last six months, Platinum Studios, Inc. (OTCBB: PDOS), an entertainment company that controls an international library of comic book characters which it adapts, produces and licenses for all forms of media, has undergone a period of significant project movement at the company including the acceleration of development of the DreamWorks, Universal Pictures and Paramount Pictures film "Cowboys & Aliens" with producers Steven Spielberg, Ron Howard, Brian Grazer, Alex Kurtzman and Roberto Orci and Platinum Studios, Inc. chairman and CEO Scott Mitchell Rosenberg, receiving much trade press and the Platinum Studios independently financed co-production with Hyde Park Entertainment and Omnilab Media, "Dead of Night," nearing completion. In recognition of their parts in these accomplishments and more, Platinum Studios has promoted two members of its Film and TV division: Dave Collins to Director of Development, and Gioy De Marco to Director, International Productions.

Collins and De Marco continue to report to Dan Forcey, Vice President of Development for Platinum Studios, who is the driving force in unlocking the potential within Platinum Studios' large multi-universe library of over 5,600 comic characters. Rosenberg recently placed the entire Film and TV department under company veteran Forcey with Randy Greenberg, of The Greenberg Group, continuing to spearhead business affairs and strategy for the division.

In addition to "Cowboys & Aliens," Platinum Studios' film and TV division is developing "Unique" with "Harry Potter" producer David Heyman, at Walt Disney Pictures, "The Witchblade" with "Wanted" executive producer Marc Silvestri, Top Cow Productions, Inc. and Arclight Films, "Atlantis Rising" with DreamWorks, Kurtzman/Orci and director Len Wiseman ("Underworld" and "Live Free and Die Hard"), in addition to "The Weapon," "Mal Chance," and the untitled project at Sony Pictures Animation, developed in house by Collins and De Marco.

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.

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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.

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