I am very proud of the momentum we are generating for SnagFilms. Please see below for a news release on a strategic alliance we are doing with a group of film festivals and associations highlighting new ways for filmmakers to get their films uploaded onto SnagFilms and our latest booming operating metrics.

festivalalliancereleasefinalwithdceff42209.doc

Making individuals, bloggers and website owners virtual movie theater operators is a big idea. Using film to drive charitable giving and to enhance self-expression via donation of pixels is working. We have created a brand new giant distribution channel for indie films. It is scaling virally and massively as we planned. Thanks everyone for your support.