MIAMI, April 16, 2009 (GLOBE NEWSWIRE) -- Dolphin Digital Media, Inc. (OTCBB:DPDM), a creator of secure social networking websites for children utilizing state-of the-art fingerprint identification technology, today announced that it has hired RedChip Companies, Inc. to assist with investor relations outreach programs.
"Our decision to choose RedChip Companies for investor relations programs was based on the Company's proven record of professionalism and their history of success in increasing investor awareness and visibility for emerging growth companies," said Bill O'Dowd, chairman and chief executive officer of Dolphin Digital Media. "We are very pleased to have RedChip on our investor relations team and are confident the company's services will significantly improve our investor relations outreach efforts," he added.
"We are thrilled to have the opportunity to represent Dolphin Digital Media as they introduce their secure social website for children," said Dave Gentry, president and chief executive officer of RedChip Companies, Inc. "Management's successful track record as a leading producer of children's programming on Nickelodeon with hits like 'Zoey 101' and the movie 'Spectacular!' prove that they know their audience and that they have fantastic content and talent relationships. They have invested significant time and energy developing a social networking site that will be safe and secure for kids, and we believe their sophisticated technology is uniquely positioned to meet a growing demand for cyber security for children. We look forward to introducing Dolphin Digital Media to RedChip's investor network as we launch a comprehensive investor relations program."
ABOUT DOLPHIN DIGITAL MEDIA, INC.
Dolphin Digital Media, Inc. (http://www.dolphindigitalmedia.com) creates and manages social networking websites for children utilizing state-of the-art fingerprint identification technology. As a leading developer of Internet safety technology operating in the entertainment, digital media, and e-commerce sectors, there is a focus on the growing global market for social networking, downloadable entertainment content and branded merchandise sales.
At the heart of Dolphin Digital Media's high-tech security platform are the solutions of its technology partners: Novell Corporation, Stratacache, Rackspace, and 123ID, all integrated through an exclusive worldwide license with Weblock International. Working with its technology partners, DDM is able to offer a proprietary platform of identity management and database solutions. Please visit (http://www.dolphindigitalmedia.com).
SAFE HARBOR STATEMENT
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets and the demand for products. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company refers interested persons to its most recent Annual Report on Form 10-KSB and its other SEC filings for a description of additional uncertainties and factors, which may affect forward-looking statements. The Company assumes no duty to update its forward-looking statements.