LOS ANGELES, January 22 /PRNewswire/ --

- Revenue increased by 35%, over 550 new customer accounts

Bunkspeed, developer of the world's fastest 3D rendering technology for
design, engineering, and marketing, today reported record revenue for its
2008 fiscal year ended December 31, 2008. The 2008 revenue results were up
35% over revenues reported for FY 2007, while adding over 550 new customer
accounts.

"We are very pleased with our results for 2008," said Philip Lunn, CEO
and Bunkspeed founder. "Despite the economic downturn we continue to succeed
because we deliver software solutions that help companies reduce cost by
allowing them to create high quality images, used throughout the entire
product development process, in the shortest amount of time. We expect
similar revenue growth for 2009, especially when looking at the upcoming
release of HyperMove for quick, high-quality animation creation."

In its sixth year of business, Bunkspeed was able to significantly expand
its customer base by adding hundreds of new customer accounts in industrial
design and consumer product marketing including: Dell, LG, Motorola, Nokia,
Kohler, Samsung, IDEO, frog design, and SMART Design.

Bunkspeed's automotive and transportation division also significantly
expanded its business by adding new customers like Bentley, PSA, and Jaguar /
Land Rover, while securing significant repeat business from existing
customers Chrysler, Ford and Honda.

"What's really exciting is even though the automotive industry is going
through a very difficult time, two of the domestic car companies and many
foreign car companies continue to invest in Bunkspeed tools," said Michael
Check, President, Automotive and Transportation Division. "The significant
cost savings that our tools provide is the key driver in continued success in
the automotive industry and we expect further growth in this market segment
for 2009."

In 2008, Bunkspeed also expanded its presence in academia, as many
universities are adding Bunkspeed's software to their curriculum. These
schools include Academy of Arts, Art Centre College of Design, CCS - College
for Creative Studies, Coventry University, Royal College of Art,
Fachhochschule Pforzheim, and IED - Istituto Europeo di Design.

About Bunkspeed

Bunkspeed is a leading global provider of 3D computer graphics software
and services for design, engineering, and marketing.

Headquartered in Los Angeles, California, our advanced technologies
leverage digital assets and contribute to enlightened decision-making and
communication in the design process. Our clients gain a cost effective way to
deliver stunningly realistic sales and marketing imagery, and realize
significantly reduced product development costs.

Founded in 2002, Bunkspeed's impressive list of customers now includes
many of the major automotive manufacturers, Fortune 1000 product
manufacturers, and major industrial design companies including Honda, Nissan,
Ford Motor Company, Chrysler, Pininfarina, BMW Designworks, Porsche Design,
Kohler, Dell, Microsoft, Nokia, IDEO, frog design and SMART Design.