Dolphin Digital Media Hires Gilman & Negrini, P.A. as Accounting Firm


MIAMI, Dec. 17, 2009 (GLOBE NEWSWIRE) -- Dolphin Digital Media, Inc. (OTCBB:DPDM) (http://www.dolphindigitalmedia.com), a creator of secure social networking websites for children utilizing state-of the-art fingerprint identification technology, is pleased to announce that the company has retained Mirta Negrini of Gilman & Negrini, P.A. to provide accounting services for Dolphin Digital Media and the company's signature product, Dolphin Secure.

Ms. Negrini is a Certified Public Accountant and holds a master's degree in Accounting from the University of Miami. Furthermore, Ms. Negrini has over 20 years of experience in the audit and accounting industry. Her experience includes assisting management with the risk management process, performing internal control reviews over financial reporting, assisting in the preparation of budgets and profitability analysis, as well as documenting accounting and operational policies and procedures.

"We're very excited to bring Mirta and Gilman & Negrini, P.A. into our family here at Dolphin Digital Media," said Bill O'Dowd, Chief Executive Officer of Dolphin Digital Media, Inc. "Mirta's broad knowledge of accounting, combined with her vast range of experience advising a wide range of companies our size, give her the ideal skill set to help us. Just as important, as a mother, Mirta's enthusiasm for Dolphin Secure is sincere and abundant. The timing couldn't be better as we prepare for the timed expansion in January of our product's marketing to children's organizations interested in our upcoming group functionality," O'Dowd said.

Dolphin Secure (http://www.dolphinsecure.com) is easy-to-use software that downloads onto any computer in a child's life, and gives parents the ability to guide where their children can go, and whom they can talk to, while online. Every child registered in the Dolphin Secure system is automatically granted admission into the groundbreaking social network, "Dolphin Surf." Only children ages 18 and under are invited into this unique online community, which features full social interactivity including email, instant messaging and photo sharing -- all under the protection of the Dolphin Secure system.

"After seeing the product in action, it is impossible not to become passionate about Dolphin Secure. It is both revolutionary and amazingly simple-to-use," said Mirta Negrini. "Bill and his team at Dolphin Digital Media have been working tirelessly to ensure that they are able to provide a safer Internet experience for children, and I am proud to work for this worthy cause by becoming a member of such a hardworking, dedicated group," she added.

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. For more information, please visit http://www.dolphindigitalmedia.com.

ABOUT GILMAN & NEGRINI, P.A.

Gilman & Negrini, P.A. was established in 1996 as a full service public accounting firm, licensed by the State of Florida. The company is a member of the American Institution of Certified Public Accountants and the Florida Institute of Certified Public Accountants and specializes in the outsourcing of CFO/Controller function.

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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