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Crunchyroll and T.O Entertainment Announce Strategic Online Distribution and Promotion Partnership

Exclusive Previews and Videos to Precede Online World Première of EGG MAN

San Francisco, California (June 11, 2008) — Crunchyroll
(www.Crunchyroll.com), the leading destination for Asian content on the
Internet, and T.O Entertainment, a leading Tokyo-based media production and
literary management company, have entered into a strategic partnership to
showcase the upcoming computer animated, EGG MAN on Crunchyroll's service.

“By partnering with Crunchyroll in a controlled release, we will be able to
build and then capitalize on the awareness of our content,” said Takeichi
Honda, President & CEO of T.O Entertainment. “We are looking forward to not
just showcasing our film, but being able to be a part of the community and
provide them what they want.”

In July, T.O Entertainment's digital channel on Crunchyroll will début a
never before seen trailer for the upcoming EGG MAN film, a computer animated
film based off of story in the book, “ Monologues of Universal Transverse
Mercator,” published by Kobunsha. During the rest of the Summer, T.O will
continue to release clips, trailers, and behind the scenes footage, leading
up to the Fall where T.O will make the entirety of EGG MAN available outside
of Japan on Crunchyroll along with exclusive merchandise just for
Crunchyroll.

“Through close collaboration with T.O Entertainment, we will be able to
support their content not just in video, but in the full spectrum of media,”
said Vu Nguyen, co-founder of Crunchyroll. “We are excited about being able
to give the fans what they want.”

Winner of the prestigious Japanese Konomys award for mystery literature,
“Monologues of Universal Transverse Mercator” is written by the
critically-acclaimed Mr. Yumeaki Hirayama.

ABOUT CRUNCHYROLL
Headquartered in San Francisco, California – Crunchyroll is hailed as a
leading online entertainment brand with the largest international online
community and destination focused on Asian entertainment including anime,
drama, music in addition to electronic entertainment and auto content.
Crunchyroll's distribution channel and partnership program delivers content
to over four million passionate fans worldwide. Crunchyroll is funded by the
premiere group Venrock-the venture capital arm of the Rockefeller family.
More information can be found at its website http://www.Crunchyroll.com.


ABOUT T.O ENTERTAINMENT
T.O Entertainment, Inc. is a multi facet company and has been producing
various contents such as feature film, book, animation, documentary, DVD and
etc. The head office is based in Tokyo, Japan and has the branch offices in
Europe (UK) and Asia (South Korea). As the content producer, T.O
Entertainment aims to create the original content and also satisfy the core
clients. We continue to extend the market in the world.


The statements made in this press release that are not historical facts are
"forward-looking statements." These forward-looking statements are based on
current expectations and assumptions that are subject to risks and
uncertainties. The Company cautions readers of this press release that a
number of important factors could cause Crunchyroll.com's actual future
results to differ materially from those expressed in any such
forward-looking statements. Such factors include, without limitation,
product delays, industry competition, rapid changes in technology and
industry standards, protection of proprietary rights, maintenance of
relationships with key personnel, vendors and third-party developers,
international economic and political conditions. The Company may change its
intention, belief or expectation, at any time and without notice, based upon
any changes in such factors, in the Company's assumptions or otherwise. The
Company undertakes no obligation to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events.

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