Dolphin Digital Media to Present At the 2009 RedChip Small-Cap Investor Conference in Fort Lauderdale On June 16, 2009


MIAMI, June 3, 2009 (GLOBE NEWSWIRE) -- Dolphin Digital Media, Inc. (OTCBB:DPDM), a creator of secure social networking websites for children utilizing state-of-the-art fingerprint identification technology, is pleased to announce that CEO Bill O'Dowd is scheduled to present at the 2009 RedChip Small-Cap Investor Conference being held in Fort Lauderdale, Florida. The presentation is scheduled for 3:00 p.m. on Tuesday, June 16, 2009 at the Hilton Fort Lauderdale Marina.

Mr. O'Dowd will provide an overview on Dolphin Digital Media and will highlight the company's strategic plans and progress for marketing its family Internet solution -- Dolphin Secure (http://www.dolphinsecure.com) -- in anticipation of its launch in the United States during Back-to-School 2009. Dolphin Secure gives parents tools to protect their children from online threats such as cyberbullying and unsolicited chat requests while they are using home computers.

"We're excited to present at the 2009 RedChip Small-Cap Investor Conference as it provides a great opportunity to discuss Dolphin Secure's upcoming U.S. launch," says Mr. O'Dowd. "We feel we have a great product that services a tremendous need in the market, and we couldn't think of a better venue to introduce ourselves," he said.

Company presentations will be webcast live and archived at http://www.RedChip.com.

For additional information or to schedule a one-on-one meeting with Dolphin Digital Media at this event, please contact Jon Cunnigham at 407-644-4256, Ext. 107, or e-mail conference@redchip.com.

ABOUT DOLPHIN DIGITAL MEDIA, INC.

Dolphin Digital Media, Inc. (http://www.dolphindigitalmedia.com) creates and manages social networking websites for children utilizing state-of-the-art fingerprint identification technology. As a leading developer of Internet safety technology operating in the entertainment, digital media, and e-commerce sectors, there is a focus on the growing global market for social networking, downloadable entertainment content and branded merchandise sales.

Dolphin Digital Media expanded their digital portfolio rights with an exclusive, worldwide, ten-year license agreement with Dolphin Entertainment for the use of its current and future brand properties for the creation of secure social networking sites and other digital media commercial opportunities. Dolphin Entertainment is a leading producer of children's and young adult entertainment, including Nickelodeon's hit series "Zoey 101" and Nickelodeon's first ever musical, "Spectacular!" In late 2008, Dolphin Entertainment secured more than $100 million in production and marketing financing from Continental Entertainment Capital, an affiliate of Citigroup, for a slate of six feature films targeting teens and tweens.

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Qingdao, China; Paris, London, Atlanta, Los Angeles and San Diego. Since 1993, RedChip has been a source for small-cap research and investor awareness services for emerging growth companies.

The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761

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.



            

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