NLN National Lampoon,

National Lampoon, Inc. (AMEX:NLN), the most widely recognized brand in comedy, today announced that it has acquired the website AllModelZone.com (www.allmodelzone.com) from Alle Von Technologies, LLC for an undisclosed sum. AllModelZone.com, which launched in 2002, is a social network for people involved in the modeling industry and allows users to communicate and find work via profiles, forums and photo galleries, among other features. AllModelZone user accounts are free, but a paid, premium version is offered to unlock more advanced features. �AllModelZone is among the top modeling sites online. In addition to improving upon the monetization of the site�s traffic via our ad sales infrastructure, we see tremendous upside in expanding the user base, both free and paid, and in using the site to cast roles in our feature films and other projects,� said National Lampoon Chief Executive Officer Daniel Laikin. �To that end, we are excited to kick off this new era for the site, using it to cast a role for our upcoming film, �National Lampoon�s Legend of Awesomest Maximus.� Details will be available on the site shortly.� �I am very excited that National Lampoon has decided to acquire AllModelZone.com. I know that the company has the brand recognition and resources to bring the site to the next level. The acquisition helps offer more value to AllModelZone's members than any competitor could provide, creating many more opportunities for them to excel and showcase their talents,� said Alle Von Technologies� president Glenn Fogerty. �We are looking forward to putting the weight of the National Lampoon brand behind AllModelZone,� said Laikin. �This acquisition is part of our strategy to aggressively build our online audience, by transactions such as this one and through the launch of new websites,� he added. About National Lampoon National Lampoon, Inc. (AMEX:NLN - News) has been a dominant force in the US comedy world for almost 40 years, and is currently active in a broad array of media and entertainment segments. These include feature films, television programming, online and interactive entertainment, home video, audio, and book publishing. The Company also owns interests in all major National Lampoon properties, including National Lampoon�s Animal House, the National Lampoon Vacation series and National Lampoon�s Van Wilder. National Lampoon reaches nearly one in four of all 18 to 24 year old college students in America today. The Company has three core operating divisions: National Lampoon Films, which includes production along with theatrical and video distribution of feature films; College Marketing Division; and National Lampoon Networks, providing humor content through a number of platforms. These include its National Lampoon College TV network, the National Lampoon Humor Network - the most trafficked humor sites on the web, Toga TV.com - the company�s broadband channel, the Drunk University Network, the new ZAZ Network, and the National Lampoon Video Network, which includes channels on YouTube, AOL, Yahoo, Joost, and a number of digital video platforms across the Internet. These are all anchored by the award winning comedy website www.nationallampoon.com.