updated 2/17/2011 7:16:25 AM ET 2011-02-17T12:16:25

MIAMI, Feb. 17, 2011 (GLOBE NEWSWIRE) -- Dolphin Digital Media, Inc. (OTCBB:DPDM) ("Dolphin Digital Media" or the "Company") ( http://www.dolphindigitalmedia.com ), a creator of secure social networking websites for children utilizing groundbreaking fingerprint identification technology, is proud to announce its entry into the European market by licensing its core product, Dolphin Secure, in Germany. Philip von Alvensleben, a 20-year veteran of the media space within Germany and the U.S., has formed Dolphin Media Germany and recruited a team of top-level marketing and technology experts to localize, promote, distribute and support Dolphin Secure within Europe, beginning with the German market.

Dolphin Secure is an Internet safety product that offers parental controls to monitor and guide a child's online experience by utilizing state-of-the-art fingerprint identification technology. As in the United States, Dolphin Media Germany will offer children the ability to surf the Internet through pre-approved websites that can be customized by parents on a per-child basis. Parents will also be able to select who their child can chat with online, the signature tool of Dolphin Secure that serves to greatly curb the twin threats of cyber-bullying and sexual predators.

Dolphin Media Germany plans to launch Dolphin Secure in Berlin this week. Under the licensing agreement, Dolphin Digital Media will receive a royalty from all customer licenses and sales. In turn, Dolphin Media Germany has retained the German-language rights to Dolphin Secure, as well as a right of first negotiation to launch the product in other European territories. 

"Philip has assembled a top-notch team in Germany that I believe will achieve great results for Dolphin Secure," said Bill O'Dowd, CEO of Dolphin Digital Media. "I have known and worked with Philip for a decade and am continually impressed with his depth of knowledge on digital technology and social media. To say that I am thrilled to work with such a trusted and valued friend would be an understatement."

Mr. von Alvensleben is involved in a number of digital and media ventures, including Adconion Media Group, one of the largest online audience networks in the world; as well as Smaato and Burstly, pioneering mobile advertising companies; and multimedia content producers Filmaka Inc. and Alive Entertainment. Mr. von Alvensleben's 20-year career also includes the position of Managing Director at the TeleMunchen Group, one of Germany's largest media conglomerates, which has interests in broadcasting, feature film and television production and distribution, and music.

"Dolphin Secure is a game-changer in the world of Internet safety for kids," said Philip von Alvensleben, Chairman of Dolphin Media Germany. "The threat to children online is as prevalent in Germany as it is in the United States. Dolphin Secure is by far the best alternative in providing a secure yet fun online experience for kids, while providing peace of mind to parents."

About Dolphin Digital Media, Inc.

Dolphin Digital Media, Inc. is dedicated to the twin causes of online safety for children and the production of high-quality digital content. By creating and managing child-friendly social networking websites utilizing state-of-the-art fingerprint identification technology, Dolphin Digital Media has taken an industry-leading position with respect to Internet safety. Also, with the launch of Dolphin Digital Studios, the Company is at the forefront of the growing digital entertainment sector. Please visit http://www.dolphindigitalmedia.com for more information.

About Dolphin Media Germany

Dolphin Media Germany AG is headquartered in Berlin, Germany. With its innovative Internet protection software Dolphin Secure ( www.dolphinsecure.de ) the company contributes to safeguarding typical web communication tools and social networks so that they become safe to use for children and adolescents.

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.

CONTACT: Amanda Magid
         Dolphin Digital Media, Inc.
         (305) 774-0407
         amanda@dolphindigitalmedia.com
         
         Jenny Eulenburg
         Dolphin Media Germany AG
         Potsdamer Platz 10, 10785 Berlin
         Email: j.eulenburg@dolphinsecure.de
         Tel: +49 (0)151-40 223 562
         Fax: +49 (0) 30 300 114 554
         Web: www.dolphinsecure.de
         
         Investor Relations:
         RedChip Companies, Inc.
         Jon Cunningham
         (407) 644-0758, Ext. 107
         jon@redchip.com
         http://www.RedChip.com

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