SOURCE: FOADAC

FOADAC

October 05, 2009 12:59 ET

Shepard Fairey Takes Time Out From His Obama Drama to Raise Money for African Orphans

First EVER Virtual Telethon on KarmaloopTV to Auction Signed Artist's Proof of "The 11th Hour" Movie Poster on eBay

LOS ANGELES, CA--(Marketwire - October 5, 2009) - In the midst of his legal battle with the AP over the iconic Obama Hope portrait, world-renowned pop culture icon & artist, Shepard Fairey, shows his philanthropic side, by donating a signed Artist's Proof of The 11th Hour movie poster to FOADAC's Celebrity Virtual Telethon on KarmaloopTV.com to raise money & awareness for FOADAC, The Foundation for Orphaned, Abandoned and Disabled African Children. The rare Artist's Proof, of Fairey's increasingly valuable work, is available exclusively on eBay for an opening bid of $750. The competitive bidding is already up to $1,200 dollars, with the auction ending on October 6!

Each week, a new "Giving Is Righteous" segment will be premiered to KarmaloopTV's 3.5 million dedicated viewers worldwide. Each segment will feature celebrity hosts, a variety of musical & entertaining performance art, and unique one-of-a-kind fan memorabilia signed or worn by celebs & popular artists. Upcoming auction items on eBay and KarmaSwap.Com include a "Bruno" movie poster signed by Sacha Baron Cohen, a Maroon 5 TourBook signed by the band, a "Robot Chicken" DVD signed by Seth Green, and a Swarovski Fashion Rocks Ace of Spades pendant designed by Stephen Webster (valued at over $1500). 100% of all proceeds from the online charity auctions go directly to FOADAC.

ABOUT FOADAC

The Foundation for Orphaned, Abandoned and Disabled African Children, FOADAC, is a non-profit organization founded by African sisters living in America. FOADAC's mission is to give love in a home for children who have lost their parents to HIV/AIDS, or neglect due to a childhood disability. Providing direct support, care and accommodations to Africa's most vulnerable children is their main focus.

For more information on The Foundation For Orphaned, Abandoned, Disabled, African Children, please visit http://www.FOADAC.org

ABOUT KARMALOOP

Karmaloop.com is a cross-platform web retailer specializing in global streetwear fashion. The Karmaloop family of sites includes online retailer Karmaloop, internet TV station KarmaloopTV and social network Junglelife (in development). Since its creation in 2000 by streetwear enthusiast Greg Selkoe, the site has evolved from a one-man-show into the largest and most successful streetwear retailer online. Retailing over 200 brands to both men and women Karmaloop receives 3.5 million monthly unique visitors comprised primarily of the highly sought after young influencer demographic. The site's visitors, made up of alpha-consumers and key influencers ranging in age from 18-34, set and make trends for their peers.

For more information on about KarmaloopTV, Karmaswap Karmaloop.com or the First Ever Celeb Virtual Telethon produced by The Brookturn Co., please contact Sarah Cirkiel (scirkiel@pitchcontrolpr.com) or Emily Rodrigues (erodrigues@pitchcontrolpr.com), Pitch Control Public Relations, 212.475.4919.