SOURCE: Red Giant Entertainment

Red Giant Entertainment

June 05, 2013 11:27 ET

Red Giant Entertainment More Than Doubles Ad Impressions This Quarter

Acquisition of ComicGenesis.com and New Comics Break Company Records

ORLANDO, FL--(Marketwired - Jun 5, 2013) - Red Giant Entertainment Inc. (OTCQB: REDG), an innovative Intellectual Property company specializing in high-quality characters and content for use in a variety of media and entertainment, is pleased to announce that during their quarter that just ended May 2013, their ad impressions were in excess of 95 million served -- over 100% increase from any previous quarter.

"Our abilities to draw massive audiences and serve advertisers are at the core of our business model," stated Benny Powell, CEO, Red Giant Entertainment Inc. "With the acquisition of ComicGenesis.com early in this quarter, and the subsequent launch of new properties like Medusa's Daughter and Katrina, it is affirming to see that our audience believes in what we do as much as we do. In our business, eyeballs translate directly to revenue -- both in advertising, as well as support for our licensing and development efforts."

Launched in 2000, ComicGenesis.com is the top user-generated comics website described by some as "YouTube for comics." The site allows users to upload and display their own comics online. It boasts over 13,500 unique comic series in its collective, and was acquired by Red Giant Entertainment Inc. in March of 2013.

Medusa's Daughter officially launched in late March, and tells the tale of fifteen-year-old sideshow act Maia Volokos. Born with writhing ringlets and viperous locks, Maia seeks the dangerous truth about herself and the parents she never knew. Two versions of the book are available for sale at the company Web store, and the fledgling series served in excess of one million ads, quickly positioning it high into the ranks of Red Giant's Web comic books. It can be read for free online at: http://medusa.keenspot.com

Katrina debuted on May 1, 2013, and is the creation of Red Giant CEO Benny Powell, who also writes the series. The story centers around the legend of Katrina, Queen of the Vampires, who has been locked inside a convent for nearly two centuries... until the storm that bears her name unleashes the gorgeous and powerful creature. In only a month, it generated an impressive half a million ad views for the company. It updates weekly, and can be read for free online at: http://katrina.keenspot.com

View the Red Giant Investor Presentation: http://redgiantentertainment.com/REDG_InvestorDeck.pdf

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ABOUT RED GIANT ENTERTAINMENT INC.

Red Giant Entertainment Inc. (OTCQB: REDG) is a Nevada corporation that specializes in Intellectual Property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than three dozen online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.

Forward-Looking Statements

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including but not limited to statements containing the words "will," "believes," "plans," "anticipates," "expects," "look forward," "estimates" and similar expressions) should be considered to be forward-looking statements. Further, the safe harbor provisions of said Act may not apply to an issuer that issues penny stock. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, to include acquisition, production, marketing, distribution, competition with related patent, trademark and license issues involving contractual obligations and concessions. The Company does not assume any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. The Company files annual, quarterly and current reports, proxy and informational statements and other information with the Securities and Exchange Commission. This press release should be read in conjunction with all of the reports that the Company has previously filed with the Securities and Exchange Commission for financial and other information about it.

Contact Information

  • Company Contact:
    Red Giant Entertainment Inc.
    877-904-7334

    Investor Relations Contact:
    Kurt Divich
    Integrity Media Inc.
    Email Contact
    www.IntegrityIR.com
    (702) 396-1000