Peter Pan Flies to Israel

HYDERABAD, India, October 20, 2010 - DQ Entertainment, the entertainment production and
distribution company today announces the signing of a broadcast acquisition
deal for a DQE property by Noga Communications Ltd ("Noga"), Israel's leading
independent television content producer and broadcaster.

Noga's broadcast channels include "The Children Channel",
"Channel 8" and the very popular "Logi Channel". The company has extensive
brand presence within the Israeli market for multifaceted entertainment. As
per the agreement, Noga will hold the rights to broadcast "The New Adventures
of Peter Pan" for the region of Israel utilising multiple channels over a
four year period.

"The New Adventures of Peter Pan" is a 26 x 22' 3D stereoscopic animated
TV series being produced with a global budget of approximately EUR10 million
in high-end 3D stereoscopic CGI which is anticipated to be available for
broadcast by the beginning of 2012. The series is being produced by DQE with
ZDF Group, Germany, Method Animation, France in association with France
Televisions, De Agostini-Italy , ATV - Turkey as co-production partners.

DQE, along with all their partners, screened the high definition trailers
of "The New Adventures of Peter Pan" at the recently concluded MIPCOM in
Cannes. The screening was very well received by the audience which included
many leading industry and media figures.

Tapaas Chakravarti Chairman & CEO of DQE commented, "Noga's
reach in this region is unquestioned and they are the perfect partner to
showcase this high quality iconic property. This deal will provide further
impetus in monetising our content across different platforms and verticals in
this region. This property has tremendous brand value and we are confident
that the broadcast on Noga's channels will provide us the visibility and
reach for the correct target audience for our content.

"We are delighted to associate again with Noga and look forward to a long
and continued association with them"

Rotem Rosen, Head of programming at Noga Communications Ltd.,
said "We are thrilled and excited at this opportunity to introduce to our
young viewers this timeless classic brought to life with the most up-to-date
high end animation technologies. No doubt, the Israeli kids are in for a lot
of entertainment and fun!"

Description :

The New Adventures Of Peter Pan:

The New Adventures of Peter Pan is a 3D stereoscopic TV series
targeted at children aged 6 to 10. The adventures feature Peter Pan, his best
friend Tinkerbell and new generation Wendy, her brothers John and Michael and
their dog Newfie set in Neverland and beyond. Neverland is defined by the
wild imaginations and big adventures ruled by the boy who never grew up. This
fantasy-action-adventure series set in the timeless and magical world of
Neverland and 21st century London will have Peter and his friends taking on
Peter's long time foe, Captain Hook and his pirates and all other
unimaginable evils in a never ending battle to save Neverland in a fantasy
adventure 3D HD TV series.

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. DQE's production in hi-end 3D, 'The Jungle Book'
is in production as a 52 episode animated series and a 60 minute TV feature
in co-production with international majors including TF1 and Moonscoop,
France, ZDF Group, Germany and is to be released worldwide in 2010.

Toomai-The Elephant Boy is a live action TV series which is
currently being developed 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 is also producing a 3D animated stereoscopic
feature film "The Prodigies" for Onyx Films and Fidelite Films, France.

DQE has received recognition and awards at several national
and international forums fostering creativity and excellence. Recent
recognitions include the Ernst & Young, Entrepreneur of the Year - 2009 India
Awards, The UK Broadcast Awards 2010, Sichuan TV Festival International "Gold
Panda" Awards, The Emmy Award, administered by the National Academy of
Television Arts & Sciences for Tutenstein TV series co-produced by DQE and
several others.

DQE's production facilities are based in Hyderabad, Mumbai and
Kolkata and it has international sales representatives in Los Angeles, Paris
and Tokyo. With a workforce of approximately 3,500 permanent employees, DQE
has 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
broadcasting and global distributors from Germany, ABC Australia, Al Jazeera
- Arabic nations, Disney Channels - Asia, Cartoon Network Group and many more
worldwide.

    Further Information:

    DQ Entertainment International
    Sumedha Saraogi
    sumedha@dqentertainment.com

    P R Vishnu
    Vishnu@dqentertainment.com

    Tel: +91-40-2355-3726/27

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