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FotoMedia Announces Partnership with AG Interactive for Media File Sharing Technology and Content Delivery

For Immediate Release
Portsmouth, NH – FotoMedia Technologies, LLC, a leader in media file sharing technologies, and AG Interactive, Inc., a subsidiary of American Greetings Corporation, one of the world's largest creators, manufacturers, and distributors of social expression products, have announced a three-year collaboration effort to introduce FotoMedia technology into the products and services of American Greetings through its Internet and wireless business unit, AG Interactive.

“We believe AG Interactive can effectively leverage FotoMedia's advanced technology to enhance our own products and services,” said Josef Mandelbaum, AG Interactive CEO. “FotoMedia has anticipated where media file sharing technology is going and demonstrated the ability to get there first.”

The agreement will allow AG Interactive to enhance its existing products and services by providing access to FotoMedia's current portfolio of innovations. It also sets the stage for both companies to collaborate and develop new FotoMedia technologies for use in future products and services, according to FotoMedia CEO Ryan Fry.

“We look forward to this collaboration allowing our media sharing technology to enhance the products and services of AG Interactive and to further develop new innovations and technology in media sharing,” said Fry. “It's a win-win, where FotoMedia also benefits by having access to the expertise of AG Interactive in licensed content delivery.”

The agreement provides a foundation for collaboration and amicably settles pending litigation in the Federal Eastern District Court of Texas.

About FotoMedia Technologies, LLC
FotoMedia Technologies, LLC is a leader in the media file sharing research and innovation industry. FotoMedia's technologies span all aspects of media sharing including, among others, upload, organization, editing, transfer, metadata creation, tagging, and sorting. FotoMedia research has helped leading companies such as Kodak, Canon, Nikon, and HP. Based in Portsmouth, New Hampshire, FotoMedia's team of researchers continues to push the boundaries of media sharing in the wireless and online space. Visit www.fotomedialabs.com.

About American Greetings Corporation
For more than 100 years American Greetings Corporation has been a manufacturer and retailer of innovative social expression products that assist consumers in enhancing their relationships. The Company's major greeting card brands are American Greetings, Carlton Cards and Gibson, and other paper product offerings include DesignWare party goods, American Greetings and Plus Mark gift-wrap and boxed cards and Date Works calendars. American Greetings also has the largest collection of electronic greetings on the Web, including cards available at AmericanGreetings.com through AG Interactive, Inc., the company's online division. AG Interactive also offers digital photo sharing and personal publishing at PhotoWorks.com and Webshots.com and a one-stop source for online graphics, animations, and more at Kiwee.com. In addition to its product lines, American Greetings also creates and licenses popular character brands through the American Greetings Properties group. Headquartered in Cleveland, Ohio, American Greetings’ products can be found in retail outlets domestically and worldwide, including company owned American Greetings and Carlton Cards stores.

For more information on the Company, visit http://corporate.americangreetings.com.

Press Contact: Ryan Fry, FotoMedia CEO, 603.570.4853

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