GON Galleon Hldgs

RNS Number:5774Y
Galleon Holdings PLC
19 June 2007



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

                          First Order for New Product


Galleon is delighted to announce that its Product IP Division has today received
an initial order for a new product from global consumables manufacturer PepsiCo,
to be supplied in 4 territories. The first commission covers the materials and
associated manufacturing costs for an order which has an anticipated overall
value of Euro2,150,000 (#1,454,000).

PepsiCo, who intend to use the product to drive promotions on a worldwide basis,
has successfully tested the new product, which cannot be named for competitive
reasons, in multiple markets.

The creation of this new product comes as the Company continues to roll out its
"Blasterz" IP, which first entered the market in January 2007 and has already
generated sales of Euro4.5 million (#3.0 million) to date, demonstrating the
perennial value of this kind of toy premium based IP.

Chief Executive, Stephen Green, commented,

"Evidence suggests that our new product demonstrates the same potential quality
of earnings as "Blasterz" and could provide a substantial revenue increase for
the division in the coming years. Not only is it good news to be launching a new
product at this time, but it is also a great endorsement of our abilities in
this market that PepsiCo should require a second promotional IP from us."

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.









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