POW! Entertainment, Inc. (OTCQB: POWN) (“Company”) reported in its Form 10-K filed today net income/loss and earnings per share for the year ended December 31, 2011.

For the year ended December 31, 2011, net income applicable to common shareholders was $24,628 or $0.00 per diluted share compared to net loss of $1,112,378 or ($0.01) per diluted share for the year ended December 31, 2010. Revenue increased by $699,032 or 33.4% for the year ended December 31, 2011 compared to the year ended December 31, 2010.

Please refer to the Company’s Form 10-K filed today with the Securities Exchange Commission for complete details. The Form 10-K is available on the Company’s website at www.powentertainment.com and available at the SEC's Internet site at http://www.sec.gov.

About POW! Entertainment

POW! Entertainment, Inc. (OTCQB: POWN), a multi-media and entertainment company, was founded by noted comic book and entertainment figure Stan Lee, together with award-winning producer Gill Champion and intellectual property specialist Arthur Lieberman. 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! is capitalizing on this combined expertise, specializing in creating and developing both the legacy and digital media components of the entertainment industry. This includes animation and live-action feature films, plus television, DVDs, multi-media, merchandising and related ancillary markets, all of which contribute to global expansion. POW! partners with other individuals and entities of entertainment’s upper echelon, including studios and networks in the creation, licensing and distribution of new POW! character franchises.