WOWIO Acquires DrunkDuck -The Leading Online Community of Webcomic Readers ... MarketWatch (press release)

08.06.10

LOS ANGELES, Jun 08, 2010 (Matter WIRE) -- WOWIO, Inc., an established market leader with an online destination ( www.wowio.com ) that provides access to hilarious digital media content and eBooks, today announced the acquisition of leading webcomics community DrunkDuckIn particularfrom Platinum Studios. Following last week's acquisition of social networking site WEvolt, the possessions of DrunkDuck will expand WOWIO's existing library of content available for viewing, as well as broadenPrincipallythe site's user base through its 95,000 community members.

"We have been exploring ways to enhance our consumer affair with additional and relevant content," said Brian Altounian, CEO and President of WOWIO. "This gain provides advertisers with additional avenues to brand an even broader range of content andBypublishers with a new and growing digital distribution platform."

DrunkDuck maintains one of the leading webcomics communities, whereIn particularcreators are able to post comics and interact with their fans daily on forums to review the latest news, releases, content and even collaborate on ideas. WOWIO purchased DrunkDuck from Platinum Studios , an pageant company that controls a large international library of comic book characters. Platinum continues toGenerallyfocus on film and television projects such as the just-completed, self-financed DYLAN DOG: Hardened OF NIGHT film and the upcoming COWBOYS & ALIENS feature film project with DreamWorks, Assume Entertainment and Universal, set to begin production this month. The graphic novel of COWBOYS & ALIENS is currently ready for free download on WOWIO.

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