MashON Signs Licensing Agreement with Platinum Studios, Inc.'s DrunkDuck.com for the MashON Comic Book Creator Platform

MashON's next generation online software application platform is licensed to Platinum Studios Inc.'s Digital Properties.

Los Angeles, CA, July 29, 2008 -- MashON, a next generation online software application company announced today that Platinum Studios, Inc. (OTCBB: PDOS), an entertainment company that controls an international library of more than 5,600 comic book characters, has signed an agreement to license the MashON online platform for its online property, DrunkDuck.com. MashON is an interactive online software platform that lets anyone create their own personalized digital comic books or graphic novels. These digital comic creations can be created and shared online by emailing them, posting them to your favorite blog or social network and posting them to MashON's gallery. MashON's interactivity will let the DrunkDuck fans create their own comic stories using their favorite DrunkDuck comic characters.

"MashON's Comic Book Creator platform is ideally suited for the comic book fans on DrunkDuck.com to create their own user-generated comics," said Philippe Benoliel, CEO of MashON. "We look forward to seeing what kind of digital comic books that DrunkDuck.com members come up with."

"By licensing the MashON platform for DrunkDuck.com, the MashON Comic Book Creator now interactively takes our non-comic creator users to the next level," said Brian Altounian, President and COO of Platinum Studios. "We have always wanted DrunkDuck users to be able to be inactive with their favorite comics and characters, and now they can."

Now you don't have to be a comic creator to create comics as fans of DrunkDuck's vast treasure-trove of comics and characters will soon be able to create their own personalized digital comics and graphic novels at MashON.com and at DrunkDuck.com.

Media Contact Information

MashON

Mark Politi

Vice President - Licensing and Media Relations

800.560.2993 x 4206

310.409.5938 (M)

mark @ mashon.com

Platinum Studios, Inc.

Randy Greenberg

Platinum Studios, Inc.

310-807-8100

Public.relations @ platinumstudios.com

Platinum Investor Requests:

Thomas Becker

Platinum Studios, Inc.

702-478-7363

investors@platinumstudios.com

About MashON

MashON provides interactive web-enabled tools, widgets, and software applications that empower users to create, connect and syndicate easily on the Internet. The Company's signature product, MashON Comic Book Creator™, is an online and desktop application that embraces user-generated content ("UGC") and enables users to integrate their user-generated content into social networks, blogs, and online brand spaces. MashON licenses its technology, including the MashON online platform and the Comic Book Creator software, to world class lifestyle brands and advertisers in entertainment, online portals, video games, motion picture, television, music, sports, fashion, art, and travel.

For more information, visit www.MashON.com.

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. Platinum Studios' library contains more than 5,600 characters spanning a full range of genres and styles, and also includes properties such as www.DrunkDuck.com, the industry's preeminent webcomics community. Working with leading companies in the entertainment and new media sectors, Platinum believes it is well positioned to emerge as one of the front-runners in the creation of new content across all media platforms.

For more information, and to sign up for the company newsletter, visit www.platinumstudios.com.

Platinum Studios Safe Harbor Statement

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.