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Crunchyroll to Launch Apps for Streaming Anime & Asian Entertainment on PS3/PS Vita

Leader in streaming Asian content set to release branded app on the PS3™system this summer with a PS Vita app launching later this year

San Francisco, Calif. (July 1, 2012) – Crunchyroll, Inc., the leading anime and Asian drama streaming service is set to launch its own branded application for the PlayStation®3 (PS3™) system in summer 2012, with an application for the PlayStation®Vita (PS Vita) portable entertainment system to follow later this year.

The Crunchyroll application for the PS3 system will initially be available in English for U.S. and Canadian audiences. Anime fans will be able to enjoy the latest Anime shows with subtitles within hours of Japan TV broadcast, including hits like NARUTO SHIPPUDEN, PRINCE OF TENNIS, and HUNTER X HUNTER. Crunchyroll will also offer a special 30-day free trial for PS3 users who download the application from PlayStation®Network.

Crunchyroll's CEO Kun Gao said, “With more than 40 percent of our user base owning a PS3 system, we are more than thrilled to be able to cater to their console of choice, and translate the same great experience that they have on our site onto the PS3 system. Moreover, we think the Anime and gaming audience are a perfect fit, and hope more gamers will discover and enjoy our Anime titles.”

Current Crunchyroll titles can be accessed from Crunchyroll.com, the free iPad and iPhone application, the Android application, Google TV, Roku, Boxee, Vizio VIA, WD TV Live and additional set-top channels, and affiliate partners.

Crunchyroll premium members have access to the largest anime selection, same-day access for simulcasted titles, no advertisements, and HD 1080p quality on select titles. More information about the Crunchyroll membership plan can be found at: http://www.crunchyroll.com/freetrial.

About Crunchyroll, Inc.

Crunchyroll is a leading global video network and developer of social media applications for Japanese anime and Asian media. Through applications like Crunchyroll for iPhone, iPad, Android, Windows Phone, TV set-top boxes, affiliate websites and its own streaming website, Crunchyroll delivers officially-licensed content from leading Asian media producers directly to consumers.

Crunchyroll has offices in San Francisco, Calif. and Tokyo, Japan, and is a member of the Association of Japanese Animations (AJA) and Licensing International Merchandisers' Association (LIMA). Founded in 2006, Crunchyroll is funded by leading venture capital firm, Venrock, Japanese entertainment giant TV TOKYO, digital publishing leader Bitway and a group of angel investors representing some of the brightest and most successful entrepreneurs in Silicon Valley. More information can be found at 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, 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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