Crunchyroll Reaches Another Historic Milestone and Joins the Association of Japanese Animations (AJA)

Leading Online Anime Distributor Joins 52 Other Companies as an Associate Member of Japan's Premiere Animation Industry Group

San Francisco, California (February 10, 2009) – Crunchyroll, the world's largest anime-focused content and social networking service, is the first and only American/non-Japanese owned company to join, as an associate member, the Association of Japanese Animations (AJA)-the Japanese industry group consisting of animation production companies that works on issues surrounding the animation industry. More information can be found at www.Crunchyroll.com.

Crunchyroll will join the AJA as an associate member along side other current existing associate members including CoMix Wave Films Inc., COLUMBIA MUSIC ENTERTAINMENT, Inc., THINK Corp, Geneon Entertainment Inc., Sony PCL Inc., Sony Music Communications Inc., BANDAI CHANNEL CO., LTD., and full members consisting of such industry giants like Aniplex Inc., GAINAX Co., Ltd, GONZO K.K., Sunrise Inc., Shogakukan-Shueisha Productions Co., LTd., STUDIO GHIBLI Co., LTd., Tezuka Productions Co., Ltd., TOEI ANIMATION CO., LTD, Bandai Visual Co.,Ltd, PIERROT Co., Ltd., Production I.G, Inc., Bones, Inc. and MADHOUSE, Inc.

“We are honored to be part of the AJA,” states Kun Gao, CEO of Crunchyroll, “to be accepted by the AJA and to be placed alongside such amazing animation studios is an honor and a privilege. We look forward to working with the AJA and its members to further the anime industries on a global scale.”

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 and 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.

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.