New Retail Agreement
17 Juli 2007 - 9:01AM
UK Regulatory
RNS Number:3456A
Galleon Holdings PLC
17 July 2007
17 July 2007
Galleon Holdings plc
("Galleon" or the "Company")
Galleon Enters into Retail Agreement for "Blasterz" Product
Galleon Holdings plc announces that it has licensed to Topps, a leading global
creator and marketer of sports and related cards, entertainment products and
distinctive confectionery, the rights to market and distribute Galleon's wholly
owned "Blasterz" IP in the UK, France, Germany and Italy through retail
channels.
"Blasterz" is a unique patented collectible, created by Galleon and proven to be
a success in multiple markets. Galleon continues to supply fast moving consumer
goods companies, such as Pepsico, with "Blasterz" for use as a promotional
premium. It has proved so successful that, to date, 175 million "Blasterz" have
been placed across 10 markets.
This is the first retail deal for "Blasterz" and the Directors believe that
there is sufficient evidence to suggest that it has tremendous potential in the
retail market.
Stephen Green, Chief Executive, commented,
"Retail is another new sales channel for our product IP Division. It is very
exciting to have entered into this marketplace with one of the world's leading
distributors of "pocket-money" entertainment products. Naturally, the value of
the deals will depend upon the popularity of the product but, in Topps, we
undoubtedly have the right customer to maximise its potential."
For further information please contact,
Stephen Green, Chief Executive
Galleon Holdings Plc
Tel. 020 8742 3636
Robert Kidson / Nicola Horton
Smith & Williamson Corporate Finance Limited
Tel. 020 7131 4000
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 entertainment sector.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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