Stan Lee's Youth Portal to Go Live Tuesday Night, Feb 29

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Date: Feb 29, 2000
Source:
Submitted By: Gina

Monday February 28, 6:01 am Eastern Time

Company Press Release

Stan Lee's Youth Portal Web Site, Stanlee.net, to Go Live Around the World Tuesday Night, Feb 29, With Star Studded Hollywood Webcast

Dick Clark To Host Launch Party with Tributes From White House, Larry King and The Backstreet Boys

LOS ANGELES--(BUSINESS WIRE)--Feb. 28, 2000-- With the click of a golden mouse, superhero and pop culture icon Stan Lee will premiere his first EVER, GLOBAL superhero team, and launch his youth portal site, www.stanlee.net, at a celebrity-packed Hollywood gala in his honor tomorrow night, Tuesday, February 29, 2000.

The 7th Portal, the first episodic animation series completed by Stan Lee Media (OTC BB: SLEE - news), an Internet entertainment content creation and marketing company founded by Spider-Man co-creator Stan Lee, will be the first global entertainment franchise created specifically for the Internet. It's debut on shockwave.com will take place at The Hollywood Media Convergence Gala, an event hosted by Dick Clark and developed by Stan Lee Media and produced by dick clark communications, inc.(NASDAQ: DCPI - news).

The more than 200 luminaries from the entertainment, publishing and Internet communities joined by 400 other guests who are scheduled to attend this Hollywood ``premiere style'' global event will celebrate the convergence of film, television, music and publishing with the Internet. A Multimedia spectacle and live performances by musical legends Jerry Lee Lewis, Chaka Khan and Ray Charles will cap off the event, which will include a number of tributes from political, business and media figures including President Bill Clinton, Vice President Al Gore, Larry King, The Backstreet Boys, Academy Award-winning director James Cameron, Macromedia chairman Rob Burgess and others. The event will be offered as a free satellite broadcast to a global television audience as well as teleconferenced to partners in Japan and India interacting with the gala. In addition, IBM will webcast the event, available to the world at www.stanlee.net. Also, revelers assembled at more than 100 iGames and CyberCafe venues worldwide will and shockwave.com will debut 7th portal for its 11 million subscribers and its universe of 200 million Flash enabled Internet users throughout the world.

``I can't wait for the global housewarming of www.stanlee.net, our new millenium House of Fun on the Internet,'' said Stan, chairman and chief creative officer of Stan Lee Media. ``We hope it will the `The Happiest Place in Cyberspace' for kids around the world. I am really excited that my first webisodic animation series, the 7th Portal team of global superheroes, may validate the Internet as a true global entertainment medium for 28.8 modem users today.''

``We now intend to demonstrate how our converged team of 100 creative and technical talents from TV, feature, music, online, and comic book media staffing Stan Lee Studios will define and advance the Internet as a compelling entertainment medium for a global audience with 28.8 modems,'' added Stan Lee Media co-founder Peter Paul. ``The 7th Portal is the first of a number of original and co-created Stan Lee entertainment franchises that will be debuting on www.stanlee.net and www.shockwave.com, its first distribution partner, over the course of the next year.''

About Stan Lee Media

Stan Lee Media (http://www.stanleemedia.com) is an Internet-based, multimedia content production, marketing and licensing company founded by pop/pop culture icon Stan Lee to extend his globally recognized brand name, signature style of content and character creation to all niche markets of the global popular culture.

Using the Internet to launch new branded superhero, science fiction and fantasy related content while building the largest global online youth community, the company will pioneer the full integration of all ancillary entertainment and marketing media with the World Wide Web.

This release contains statements that constitute ``forward-looking statements'' within the meaning of Section 21E of the Exchange Act and Section 27A of the Securities Act. The stockholders of Stan Lee Media are cautioned not to put undue reliance on such forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those projected in this release resulting from the following reasons (among others): the impact of the ongoing economic conditions and situation in the Asia Pacific region and South America, the level of available sales in the rest of the world, the timing of sales and deliveries under existing contracts, costs of sales and the ability of the company to maintain pricing levels necessary to maintain gross profit margins, the level of selling, general and administrative costs, the performance by the company under existing purchase contracts and the ability to obtain new contracts, the success of the company's owned and operating strategy, the success of the company's film software and the effects of competition. In addition, the company's shareholders are urged to carefully review the risk factors discussed in the documents the company files from time to time with the Securities and Exchange Commission.

Contact:

Hill and Knowlton
Tony Panaccio or Joy Capps
Representing Stan Lee Media
813-221-0030

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