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Wednesday, 04/28/2010 10:40:17 AM

Wednesday, April 28, 2010 10:40:17 AM

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Alexandra Milchan and Platinum Studios to Bring "Blood Nation" to the Big Screen

Alexandra Milchan's EMJAG Productions and Platinum Studios, Inc. (OTCBB: PDOS), an entertainment company that controls an international library of more than 5,600 comic book characters which it adapts, produces and licenses for all forms of media, have partnered to bring Platinum Studios' comic book series "Blood Nation" to the big screen.

Set in the not-too-distant-future, "Blood Nation" tells the story of a country overrun by vampires and walled off from the rest of the world. Decades later, rumors that these creatures have found a way to escape their isolation force a small group of humans to pierce into the heart of the nation on a desperate mission to save humanity. But what they find there may not be the wasteland they expect. This is just one original property from Platinum Studios' multi-universe library. While other large comics-based libraries are already spoken for, Platinum Studios remains independent of major entertainment studio affiliation. Marvel was recently acquired by Disney for $4 Billion and DC Comics is owned by Warner Bros.

Milchan will produce with Platinum Studios' Chairman and CEO Scott Mitchell Rosenberg. Former Universal Pictures senior executive Randy Greenberg of The Greenberg Group, who negotiated the deal, would be an executive producer.

"'Blood Nation' is a world war movie set in the future where the humans and the vampires have divided up the planet but not yet made peace with each other," said Milchan. "Platinum Studios' story is a fantastic starting point and bringing this world to life will be exciting and fun."

"Alexandra brings a great deal of enthusiasm and creativity to everything she does," said Rosenberg. "We are thrilled to be working with her on this project."

Platinum Studios' entertainment division is accelerating development of "Cowboys & Aliens" with producers Steven Spielberg, Ron Howard and Brian Grazer and DreamWorks, Universal Pictures, Imagine Entertainment and Kurtzman/Orci (the writing team behind the "Transformers" franchise and the resurrected "Star Trek" franchise) and in the final stages of post-production on their independently financed feature, "DYLAN DOG: DEAD OF NIGHT" with partners Hyde Park Entertainment and Omnilab Media. Platinum is also developing "Unique" with "Harry Potter" producer David Heyman at Walt Disney Pictures, "The Witchblade" with "Wanted" executive producer Marc Silvestri, Top Cow Productions, Inc. and Arclight Films, "Atlantis Rising" with DreamWorks, Kurtzman/Orci and director Len Wiseman ("Underworld" and "Live Free or Die Hard") , "The Weapon" with Disney Channel's "Wizards of Waverly Place" star David Henrie, "Mal Chance" with Tony Krantz ("24"), an untitled feature film project at Sony Pictures Animation and "Nightfall" with producer William Stuart. Platinum's Rosenberg would serve as a producer on all Platinum Studios film projects.

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 -- Comics Fueling Media EVERYWHERE!

To learn more about the company please visit our website at: http://www.platinumstudios.com/news/index.php

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.

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Contact:

Randy Greenberg

for Platinum Studios, Inc.

info@platinumstudios.com

Thomas Becker

Platinum Studios, Inc. - Investor Relations

(702) 478-7363

investors@platinumstudios.com

http://finance.yahoo.com/news/Alexandra-Milchan-and-iw-3773803350.html?x=0&.v=1

Madddog here.
All posts are: In my opinion and not as investment advice.