AOL RED Signs Mobile Deal with MoMedia International to Distribute Chubby Butter Animated Cartoons Worldwide

AOL RED, the online home for teens, has signed a distribution deal
with MoMedia International to offer a series of "Chubby
Butter" cartoons to the international mobile marketplace. The parties
plan to make, approximately 30 shorts running one-to-three minutes
available to over 100 operators for distribution in more than 35
countries. Currently available at www.chubbybutter.com, cartoons such
as "Bezerkari" and "Gene the Boy Genie" offer twisted and silly humor
to the teen market.

Downloads of the Chubby Butter cartoons will be available through
a number of providers, including Vodafone UK and MTS Russia and will
cost anywhere from GBP 0.50 - GBP 1 depending on each particular
territory.

"This deal represents a new distribution platform for AOL RED as
we look to expand to the international market by tapping into the huge
success of cell phone downloads," said Malcolm Bird, Senior Vice
President, AOL Teens & Kids. "We are confident that, through our
partnership with MoMedia International, we will build interest in the
'Chubby Butter' series of cartoons while capturing the large teen
market in territories beyond the U.S. marketplace."

Commenting on the deal MoMedia'S CEO Lucas Bertrand said, "We are
delighted to represent AOL RED. In terms of animated clips it's some
of the best content we've seen in a while."

About MoMedia International

MoMedia is a specialist distributor of entertainment programs for
new digital media channels including mobile, broadband and IPTV/Video
On Demand. In addition to distributing and producing its own products,
MoMedia also represents titles from producers such as 3DD, WWE, Giant
Film and TV, Defiance, AllTheContent and Bullseye.

MoMedia grew out of one of Australia's largest independent TV
production/distribution businesses - World Wide Entertainment (WWE).
In 2004 MoMedia became independent and now represents over 35
production companies via 112 live contracts with mobile operators,
ISPs and the new media divisions of major broadcasters. Based in
London, MoMedia was founded in 2004 by Lucas Bertrand and Mark
Benmore.

About "Chubby Butter"

Feel like belly laughing? "Chubby Butter" may be the answer. AOL
RED offers "Chubby Butter" (http://www.chubbybutter.com/) redefining
Web humor for teens, with a series of short, animated videos such as
"Berzerkari," "Huxtable and Boner," "Paper Fighter Squadron," "Gene
the Boy Genie," "Salt & Peppa" and "Penned."

About AOL RED(TM)

AOL RED(TM) (http://www.b-red.com/), is an all-encompassing online
hot spot for teens offering a wealth of content including viral
videos, comics and anime, news, entertainment, games, music as well as
easy-to-use tools for blogging and socializing with friends.

About AOL

AOL is a global Web services company that operates some of the
most popular Web destinations, offers a comprehensive suite of
free software and services, runs the country's largest Internet access
business, and provides a full set of advertising solutions. A
majority-owned subsidiary of Time Warner Inc. AOL LLC is based in
Dulles, Virginia. AOL and its subsidiaries also have operations
in Europe, Canada and Asia. Learn more at AOL.com.