DQE Announces 3D Feature Film Release Slate

HYDERABAD, India, March 16, 2011 - DQ Entertainment, the global entertainment animation production and
distribution company, today announced its 3D feature film release slate
currently under development, to be released starting 2012 onwards through
2014.

The Company will release three 3D feature films starting 2012-13, with
one release planned every year:

1. THE JUNGLE BOOK (2012-13)

2. THE NEW ADVENTURES OF PETER PAN (2013-14)

3. THE PHOENIX AND THE FLYING CARPET (2013-14)

These feature films are to be produced at a global budget of $25-30
Million each. (as envisaged now)

The DQE feature film slate will be lead by the flagship property of DQE,
The Jungle Book 3D TV Series, which has seen great success recently after
being broadcast on leading networks such as TF1-France, ABC-Australia,
BBC-UK, Disney-SE Asia, ZDFTV-Germany, TVO Canada, EBS Korea, and several
others globally.

The first season of The Jungle Book TV series in 3D CGI has been sold in
over 160 countries and has already been green lit for a second season. A 3D
Stereoscopic Christmas special is also in production for release in 2011. The
DQE Jungle Book franchise has received tremendous response for global
publishing, merchandising & licensing and its development into a major $
25-30M 3D stereoscopic feature film is a natural progression by DQE's Feature
Film division, "DQE FEATURE".

The company will further present these productions at the feature film
markets at Cannes and AFM with a view to appoint sales agents and
distributors worldwide.

The Company has recently produced a 3D animated stereoscopic feature film
"The Prodigies" with Onyx Films and Fidelite Films, France to be distributed
by Warner Bros Pictures and Studio37, France. This brilliant action,
adventure animated 3D film is fast under completion and will soon be released
world-wide.

DQE's 3D feature film slate:

The Jungle Book Feature film will be released in 2012-13 in high quality
stereoscopic 3D . With state-of-the-art visual and sound effects the feature
will be an adventurous journey like never before. Children will be able to
associate the fun and wonder encompassed in Kipling's tale in a high tech 3D
stereoscopic format that will enhance the visual experience.

DQE's Jungle Book is based on the original writings of Rudyard Kipling
adapted by great writers from UK & USA for 21st century kids. A
Stereoscopic.dcp format3D Feature pilot is already ready and has received
great appreciation at various feature film forums.

The New Adventures of Peter Pan will be released in 2013 and will see
Peter Pan back in timeless Neverland and 21st century London. The feature
will showcase the fight to save Neverland not only from the evil Captain Hook
but from many more 'unimaginable evils' that now inhabit magical Neverland.
Joining in on the adventure will be new generation Wendy, Michael and John.
Peter and his friends will have to bring to the helm not just courage and
daring but so much more to save the island that has been home to our hero and
loved by all.

The Phoenix and the Flying Carpet, originally written by Edith Nesbit
will come to life as a 3D Stereoscopic Feature film. The Adventures of the
Five Children will involve the millennial phoenix, a bird of awesome vanity,
and a magic carpet. The phoenix and the children make a number of expeditions
around the world from China to Arabia and India. With a new twist to the old
classic, this adventure will enthrall and excite children all over the world

Tapaas Chakravarti, Producer and Chairman of DQE said:

"At DQE , there is enormous excitement after completion of The Prodigies,
3D Feature Film, to move forward rapidly for the development of 'The Jungle
Book', 'Peter Pan' and 'Phoenix and the Flying Carpet' - 3D Stereoscopic
feature films. The Jungle Book feature film, slated to be released in 2012-13
in high quality 3D Stereoscopic, is a film based on Rudyard Kipling's classic
story telling and will come to life with high drama, excitement and adventure
with a good measure of comedy as the courageous man-cub Mowgli learns to
survive and live in the deep tropical jungles of Seonee. Shere Khan, Baloo,
Bagheera, Kaa, Hathi and dozens of other lovable & dangerous animals will
come alive in the Jungle Book feature film to entertain children and families
alike.

The New Adventures of Peter Pan & The Phoenix and the Flying Carpet are
scheduled for development and production - targeting 2013 & 2014 for global
release."

DQE group with its strong 3D & 3D CGI production base with over 3500
professionals has the distinction of producing and distributing famous 3D
Series such as The Jungle Book (now in second season), Second season of
Little Prince, 2 seasons of Iron Man - Armored Adventures, 2 seasons of
Little Nick, Casper, the Friendly Ghost - 2seasons, Galactik Football ( now
in third season) while it has also produced some outstanding productions for
Disney - 4 seasons of Mickey Mouse Clubhouse in 3D CGI, 2 seasons of Penguins
of Madagascar for Nickelodeon including Tak, the Power of Juju and Fan Boy.

About DQE

DQE is one of the leading producers of animation, visual effects, game
art and live action entertainment content for the global media and
entertainment industry. With a workforce of approx 3500 permanent employees
and a global client - partner base of over 90 producers, distributors,
broadcasters and licensors including Walt Disney Group, Universal Pictures,
Nickelodeon Animation Studios Inc., Electronic Arts, Marvel Comics, American
Greetings, , BBC Group, M6/ France TV Group / TF-1 - leading broadcasting and
Distribution groups from France, ZDF TV and ZDF Enterprises - leading
Distributors/ broadcaster and global distributor from Germany, ABC Australia,
Al Jazeera - Arabic nations, Disney Channels - Asia, Cartoon Network Group
and many more world-wide.

DQE has produced/co-produced and distributed iconic brands such as Iron
Man - the first 3D animated TV series, Twisted Whiskers, Mikido, Casper,
Pinky & Perky, second season of Large Family, third season of Mickey Mouse
Club House, First and Second Season of Madagascar TV Series and is now
co-producing properties like Little Prince and Little Nick with major
international broadcasters and producers. DQE has a library of over 500 hours
of international programs for distribution and licensing globally for TV,
home entertainment, merchandising and publishing is on fast track.

Toomai-The Elephant Boy which is a live action TV series is in
development in co-operation with international broadcasters, while several
Indian IPs like Mysteries & Feluda, Omkar, Balkand I, II and III with
International Broadcasters have had a successful run.

DQE has also announced the development of a series of animated short
films for television in collaboration with French production companies Method
Animation and MK2. DQE, Method Animation and MK2 announced the production and
worldwide distribution and exploitation of an animated version of 104
six-minute episodes inspired by the legendary film icon Charlie Chaplin's
Hollywood films.

DQE has received over 35 awards including EMMY, at several
national and international forums fostering creativity and excellence. E & Y
Entrepreneur of the Year - 2009 India Awards, The UK Broadcast Awards 2010,
Sichuan TV Festival International "Gold Panda" Awards, 11 Emmy nominations
and 1 The Emmy Award, administered by the National Academy of Television Arts
& Sciences , USA for Tutenstein Animated production. The Jungle Book produced
v=by DQE has recently been nominated in 5 categories at the cartoons on the
bay - Pulcinella awards to be held in Italy in April 2011.

    For Images:
    www.dqentertainment.com/website/printable_ images.zip

    For downloading the announcement:
    www.dqentertainment.com/website/dqe_ feature_film.pdf

    For further information: www.dqentertainment.com

    DQ Entertainment International
    Sumedha Saraogi
    sumedha@dqentertainment.com

    P R Vishnu
    vishnu@dqentertainment.com
    Tel: +91-40-2355-3726/27

DQ Entertainment International, Sumedha Saraogi, sumedha at dqentertainment.com; P R Vishnu, vishnu at dqentertainment.com, Tel: +91-40-2355-3726/27