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Crunchyroll Uncovers Detective Office 5

Online Media Distribution Leader to Stream North American Premiere of
Japanese Live-Action Detective Franchise

San Francisco, CA and Tokyo, Japan (December 23, 2008) – Crunchyroll and
Dream Kid, Inc. have announces a partnership to premiere the Japanese
live-action drama franchise DETECTIVE OFFICE 5 on Crunchyroll for North
American audiences. More information can be found at www.Crunchyroll.com.

Crunchyroll is the perfect place for fans who want to 'feed the need' for
Japanese drama to uncover D-5,” states Dream Kid, Inc. founder and DETECTIVE
OFFICE 5 producer Hiroki Ohwada. “We are extremely excited about the
opportunity to premiere the program to a North American audience and will
continue our global licensing initiative.”

“DETECTIVE OFFICE 5 is an important property to us,” states Rob Pereyda,
senior director and head of licensing at Crunchyroll. “By expanding our
licensing portfolio and leading this new genre category with such an
exciting piece of engaging, live-action Japanese drama, we are able to
fulfill the needs of fans and continue our international licensing efforts.”

Program will launch today at the official Crunchyroll D-5 community and
feature videos, interactive chat, forums, photos, and more. A suite of
virtual goods for Crunchyland, Crunchyroll's browser-based MMO, will follow
shortly after the launch to help sustain D-5's awareness and promote it to
Crunchyroll's gaming fans.

About Dream Kid, Inc.

Dream Kid, Inc. was established in 2004. Hiroki Ohwada is the central member
of this company and due to his prior experience in the IT business, he began
producing both short and feature films for the Internet. Since 2005, he
started the DETECTIVE OFFICE 5 project (100 short episodes, and some
feature films) with director Kaizo Hayashi. The project has attracted a lot
of attention in Japan and it has been also released in Taiwan, China, Korea
and many other countries since 2007. We have introduced the DETECTIVE OFFICE
5 project at the Japan booth during AFM 2007 and EFM 2008.

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 five million passionate fans worldwide. Crunchyroll is funded by the
premiere group Venrock. More information can be found at its website
http://www.Crunchyroll.com <http://www.crunchyroll.com>

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,
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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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