Official Press Release

Owners of Apple's iPhone and iPod Touch devices have been downloading
millions of games, utilities, books, and tools from Apple's recently
launched iTunes App Store. Starting later this year millions of iPhone/
iPod Touch owners will have the opportunity to download digital comics
from established industry professionals and studios, as well as new
and rising comic book stars through iVerse Media.

"We have developed an extremely simple iPhone Application that allows
us to display comics that have been specifically formatted for the
iPhone/iPod Touch." said iVerse Media owner Michael Murphey. "What
we're doing is creating new comics, and adapting existing comics into
a format that makes reading comic books an enjoyable and easy
experience on these devices. There's no "zooming" or "pinching"
required. All you have to do is flick your finger."

Comics adapted using the iVerse Media software will be available in
the iTunes App Store for as little as $.99. Some titles will be
released free of charge.

"Creators and Studios will be able to set the final prices on their
titles, but we're expecting most standard length titles to be around $.
99, and we're encouraging creators to give away the first issues of
their titles to allow new readers who may not be familiar with comics,
but are iPhone/iPod Touch owners, to give comics on the devices a
try."

"With Digital Comics on the iPhone/iPod Touch we have access to a
world wide audience, no printing costs or print run minimums, and it
doesn't take 3 months to get the title from in the catalog to on sale
in a store. Each title will be featured as its own application in the
App Store, and will be backed up onto the readers desktop or notebook
computer each time they sync their device."

iVerse Media is currently discussing comic adaptions and new creations
from a variety of industry professionals and studios, and as of today,
is accepting submissions from new creators. Details on submission
requirements can be found at:

http://www.iversecomics.com/submissions/

Established creators and Studios wishing to contact iVerse about
adapting existing comics, or creating new titles can do so at:

http://www.iversecomics.com/contact-us/