Comic Book Creator to Receive First-Ever New York Comics Legend Award

Norwalk, CT, March 24, 2008: The New York Comic Con and POW! Entertainment, Inc., announce legendary comic book writer and creator Stan Lee will be a Special Guest of New York Comic Con this year where he will appear on several panels, as well as receive the first-ever New York Comics Legend Award at a special VIP party at the Virgin Megastore in New York City's Times Square. Celebrated by millions of fans worldwide for building Marvel into a comics and motion picture powerhouse, Stan Lee is revered for co-creating Spider-Man, the X-Men, the Fantastic Four, the Silver Surfer, and the Incredible Hulk, among other original and wildly popular characters. New York Comic Con, the biggest and most exciting popular culture event on the East Coast, will take place at the Jacob K. Javits Center, April 18 - 20, 2008.

"This is a double whammy for us," notes Lance Fensterman, Show Manager for NYCC. "First, we get to have the extreme privilege of hosting Stan Lee at our show, and second, we have the distinct honor of awarding him our first-ever New York Comics Legend Award, which we have created to honor New York City's greatest contributors to comic books and to New York life. I can't possibly think of anyone more suited to be the first recipient of this award than Stan Lee! He has done so much through the years for both comics and for New York City."

The reception for Stan Lee where he will receive his New York Comics Legend Award will take place on Thursday, April 17th at 8:00pm at the Virgin Megastore, 1540 Broadway, in the heart of Times Square in New York City. A limited number of tickets will be made available to fans starting March 28 at www.nycomiccon.com. This reception, which will include a selection of famous and traditional New York City fare, will center on the presentation of the New York Comics Legend Award, followed by comments by Stan Lee, as well as brief comments by select friends and colleagues of Mr. Lee.

The inimitable Stan Lee, whose creative genius propelled Marvel to its preeminent position in today's market place, is doing it all over again with his newly founded company POW! Entertainment Inc., (POWN). Under the umbrella of POW!, Stan is creating at an unprecedented rate, and a whole new cast of contemporary Stan Lee Originals are just beginning their premieres.

Stan Lee commented on his up and coming New York Comic Con appearance:

"Even though Los Angeles has been my play pen for the past few decades, I'll always consider New York my home town. It's the beautiful city where I was born (a beautiful baby!) grew up (beautifully!), got married to my beautiful wife and had my beautiful daughter. (When I find an adjective I like, I stick with it!)

So, whenever I can wheedle an opportunity to return to the greatest city in the world, it's an indescribable thrill for me. And, to make it even more fabulous, it gives me the chance to meet old friends -- artists, writers, editors, fans, all sorts of terrific people who speak the same language -- the language of creativity.

Hey, what I'm trying to say is -- I can't wait to see ya!

Excelsior!

Your Man Stan"

New York Comic Con organizers note that the New York Comics Legend Award will be given to one recipient each year. Each recipient must have made a major contribution to the advancement of comics, either through achievement in art or business. They will have had to have made a significant contribution to the civic life in New York either through charity, education, public service or by advancing the image of New York City through direct involvement with New York City causes, or through positive depiction of the city and its culture within their body of work. They must each have lived in New York City for a minimum number of years in order to be eligible for the award.

POW! (Purveyors of Wonder) Entertainment, Inc. (Pinksheets:POWN), an advanced media and entertainment company, was founded by world-famous comic book and motion picture icon Stan Lee, together with award-winning producer Gill Champion and intellectual property specialist Arthur Lieberman, Esq. POW!'s principals have extensive backgrounds in the entertainment industry encompassing the creation, production and licensing of original intellectual properties, including some of the most successful entertainment franchises of all time. POW!, capitalizing on this combined expertise, specializes 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 contribute to global expansion. POW! partners with other individuals and entities of entertainment's top echelon, including studios and networks, in the creation, licensing and distribution of new POW! character franchises.

ABOUT NEW YORK COMIC CON: New York Comic Con (April 18-20 in the Jacob Javits Center) is the East Coast's biggest and most exciting popular culture event. An enormous show floor plays host to top entertainment industry leaders showcasing the latest and greatest in comics, graphic novels, anime, manga, video games, toys, movies, television, and more. New York Comic Con gives attendees access to top entertainment industry talent, panels, and autograph sessions as well as sneak peaks at upcoming television shows and motion pictures. And with dedicated professional hours, New York Comic Con provides an ideal business setting for the major players in the worlds of comics, film, and television. Further information can be found at www.newyorkcomiccon.com.

ABOUT REED EXHIBITIONS:

Reed Exhibitions is the world's leading events organizer. In 2007 Reed brought together over six million industry professionals from around the world generating billions of dollars in business. Today Reed events are held in 38 countries throughout the Americas, Europe, the Middle East and Asia Pacific, and organized by 39 fully staffed offices.

Reed organizes a wide range of events, including exhibitions, conferences, congresses and meetings. Its portfolio of over 500 events serves 47 industry sectors, including: Aerospace & aviation, automobiles, building & construction, electronics, energy, engineering, entertainment, environment, food & hospitality, gifts, healthcare, IT, jewelry, life sciences & pharmaceuticals, property, manufacturing, medical education, packaging & converting, printing & visual communication, security, sports & recreation, travel.

Working closely with professional bodies, trade associations and government departments Reed ensures that each and every event is targeted and relevant to industry needs. As a result, many Reed events are market leaders in their field.

Reed Exhibitions is part of Reed Elsevier Group plc, a FTSE-100 company and world-leading publisher and information provider. In 2006, Reed Elsevier made adjusted profit before taxation of £1,052 million on turnover of £5,398 million.