GON Galleon Hldgs

RNS Number:3927X
Galleon Holdings PLC
30 May 2007



                              Galleon Holdings plc
                          ("Galleon" or the "Company")

                            Re. Licensing Agreement


Galleon Holdings plc is delighted to announce, on behalf of its Product IP
Division, that it has today agreed to license its patented IP, EPIX, to Pepsi
Mexico. This initial trial permits the manufacturing of 50 million units
utilising the IP. For competitive reasons the Company has chosen to withhold the
value of this single licensing fee.

EPIX, is a technology that uses plastic density to create a photo-realistic
image within a flat object when held up to the light, has been selected for use
in Pepsi Mexico's manufacturing of a new range of collectible lids based on the
Spiderman franchise.

The deal, which carries no cost to Galleon, has implications far wider than this
single licensing contract. If the IP proves to be a popular promotional feature
within the Pepsi product, as the Company envisages, it could have global
potential across the Pepsi territories. The IP has also attracted the attention
of other fast moving consumer goods manufacturers with a view to striking
similar licensing deals for use of the IP for promotions in their lids and
packaging.

Stephen Green, Chief Executive, commented,

"The ability to license our IP to our customers for use in their manufacturing
process is a valuable new revenue stream for Galleon. It allows us to
perennially capitalize on our assets with little or no cost to the Company -
effectively dropping straight to the bottom line.

EPIX is a fascinating technology that can be used to turn packaging into a
promotional product, and is applicable to all ages. The range of applications
for EPIX as a value adding promotional mechanic for packaged brands is
unquantifiable. Clearly if Galleon is able to embed EPIX as a promotion within a
major food and drink packaged brand, even on a regional basis, it will have a
material impact on our business."

For further information please contact,

Stephen Green, Chief Executive
Galleon Holdings Plc
Tel. 020 8742 3636

Ben Simons
Hansard Group
Tel. 020 7245 1100


Notes to editors:


Galleon Holdings plc is an AIM-listed intellectual property owner and developer
in the children's entertainment sector.








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