Writer Signed to Write Lightspeed (Working Title) for Andrew Stevens/ Jeff Franklin/POW! Entertainment Live Action Flick

Writer Signed to Write Lightspeed (Working Title) for Andrew Stevens/ Jeff Franklin/POW! Entertainment Live Action Flick LOS ANGELES, Dec. 3 /PRNewswire-FirstCall/ -- Andrew Stevens of Andrew Stevens Entertainment Group and Jeff Franklin of FWE, Inc. have signed writer Steve Latshaw to write the script for Lightspeed (working title) created by Stan Lee. This is the first of three action movies to be produced with POW! Entertainment, Inc. (Pink Sheets: POWN) and Stan Lee for the SCI FI Channel. These projects are a part of the SCI FI Channel's "original" programming slate for the 2005-2006 season. (Logo: http://www.newscom.com/cgi-bin/prnh/20041006/LAW030LOGO ) "Steve has written a number of films in the action/sci-fi genre and I think he and Stan will make a great team for this new project," says Jeff Franklin. "Both Stan and I are impressed with his creativity and his strong willingness to collaborate. We find him a welcome addition to this project," says Gill Champion. POW! (Purveyors of Wonder) Entertainment, Inc. is founded by world famous comic book icon Stan Lee, together with Gill Champion and Arthur Lieberman. POW's principals, combined, have over a hundred years experience creating, producing and licensing original intellectual properties. POW! will specialize in franchises for the entertainment industry, including animation and live-action feature films, plus television, DVDs, video games, merchandising, and related ancillary markets, all of which aid in the establishment of global franchises. POW! partners with studios and networks in creating new and exciting characters that will perpetuate the brands of both POW! and Stan Lee. In some cases, POW! creates "custom-tailored" properties for a specific star or director. Stan Lee, the Chief Creative Officer of POW!, is the creator and inventor of the modern superhero. A prolific author, Lee revolutionized the comic book industry by creating compelling characters who, despite extraordinary powers and talents, are none the less plagued by the same doubts and difficulties experienced by ordinary people. Some of his most enduring characters, like Spider-Man(R)(a), The Hulk(R)(a), and X-Men(R)(a), have been spun off into television programs and feature films that have grossed hundreds of millions of dollars at the box office. Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward- looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. (R) (a) These are the registered trademarks and characters of Marvel Characters, Inc. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041006/LAW030LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com Source: POW! Entertainment, Inc. CONTACT: Gill Champion of POW! Entertainment, Inc., +1-310-275-9933, gchampion@powentertainment.com Web site: http://www.powentertainment.com/ ------- Profile: International Entertainment