Stan Lee’s POW! and Vuguru Join Forces to Produce Original Digital Content

MICHAEL EISNER’S VUGURU AND STAN LEE’S POW! ENTERTAINMENT JOIN FORCES TO PRODUCE ORIGINAL DIGITAL CONTENT

BEVERLY HILLS, CA October 26, 2011 — Comic book legend Stan Lee and his company POW! Entertainment Inc. (OTCQB: POWN) today announced a partnership to produce original digital content with Michael Eisner’s independent studio Vuguru. The deal brings together two storied powerhouses in the world of entertainment that will produce and distribute studio quality films, episodic series and a variety of digital content across multiple platforms.

“As a fan of Stan Lee and the iconic characters he has created, we are thrilled to work together with POW! Entertainment,” said Larry Tanz, President of Vuguru. “This is a tremendous opportunity to bring compelling and heroic stories to a mass audience.”

POW! Entertainment’s President, Gill Champion said, “This announcement is an important move for POW! Entertainment and Stan Lee. It is the start of an exciting new chapter that will enable us to expand our storytelling into the digital realm and more quickly and effectively reach our global audience. Stan and the creative team are delighted to begin developing new worlds and amazing characters and cannot think of a better partner than Vuguru to help realize this ambition.”

Scott Nocas, a seasoned digital strategist who formerly held positions at Microsoft Xbox and Sony Network Entertainment, has been helping build out POW! Entertainment’s digital strategy, brokered the deal and will now help the companies further expand and develop opportunities.

Nocas, added, “The opportunity to create a collaboration between POW! Entertainment and Vuguru presented an unmistakably unique opportunity. To bring together the iconic Stan Lee brand alongside one of the most innovative digital content studios was a rare and exciting proposition. Their collaboration will certainly lead to a whole new experience in storytelling.”

Stan Lee is known to millions as the man whose Super Heroes propelled Marvel to its preeminent position in the comic book industry, Stan Lee’s co-creations include Spider-Man™, The Incredible Hulk™, X-Men™, The Fantastic Four™, Iron Man™, Daredevil™, Silver Surfer™ and Dr. Strange™. In 1977, he introduced Spider-Man as a syndicated newspaper strip that became the most successful of all syndicated adventure strips and now appears in more than 500 newspapers worldwide — making it the longest-running of all Super Hero strips. In November 2001 he founded POW! Entertainment and serves as the Chairman and Chief Creative Officer.