Galleon Holdings PLC
  09 June 2008
   

    Date:                               9 June 2008
    On behalf of:                   Galleon Holdings plc ('Galleon', the 'Group' or the 'Company')
    For immediate release 


    Galleon Holdings PLC
    * Launch of Toyline in the US    * Appointment of Licensing & Distribution Partners

    Galleon Holdings plc (AIM: GON), the AIM-listed intellectual property owner and developer in the entertainment sector, today announces
the launch of Skunk Fu! as a merchandising brand  in the US and Canada. Following the announcement on 27th May that the series will have a
dual broadcast platform in the US airing on the CW on weekends and the Cartoon Network Television on weekdays, Galleon can also announce
that the show has now also been sold to leading Kids TV channel YTV in Canada.  

    The brand will be launched at the New York Licensing Show, held June 10-12, the world's leading show in the entertainment brand and
property marketplace with over 25,000 attendees. Galleon has appointed The Sharpe Group Inc ("Sharpe Group") as licensing agent for Skunk
Fu!, in the North America.  Sharpe Group is a boutique intellectual property agency, with an emphasis in marketing IP in North America. A
Skunk Fu! toyline has been developed by Croco Worldwide, Galleon's toy division and this will be also previewed at the show by the Sharpe
Group.

    Further to this NCircle have secured as DVD distribution rights for Skunk fu! in the US. NCircle is an entertainment content
distributor, specialising in children's programming. The company is a division of Alliance Entertainment Corporation (AEC) is the largest
single source of home entertainment, with distribution channels with over 110,000 stores throughout North America.  


    Commenting on the launch and appointments, CEO of Galleon Holdings, Stephen Green said:

    "This broadcast platform presents us with a significant opportunity to launch our toyline and the brand in the US market. Having a
toyline ready for distribution allows us to respond quickly to this breakthrough."  

    "The Sharpe Group and NCircle are both specialists in their own field and we are very excited to be working with partners of this
calibre."    

    Charlie Day, President of Sharpe, added:

    "We are delighted to be representing Galleon for Skunk Fu. It's an exciting entertainment brand that has been gathering awareness in the
United States following its television launch on The CW some months ago. Sharpe is well placed to build a significant merchandise program
for Skunk Fu in North America."

    - Ends -


    Enquiries:

 Galleon Holdings plc                            www.galleonplc.com
 Stephen Green, Chief Executive                  Tel: 020 8742 3636

 Redleaf Communications                      Galleon@redleafpr.com 
 Samantha Robbins/ Sanna Sumner / Mike Ward      Tel: 020 7822 0200


    Notes to Editors:
    Galleon Holdings plc is an AIM-listed company and Intellectual Property and media content owner and is a developer in the entertainment
sector. It has three main subsidiaries:
    *     Galleon Entertainment: Owns, develops and manages entertainment based IP targeted at kids and teens. 
    *     Croco Worldwide: Designs innovative bespoke in-pack premiums for global Fast Moving Consumer Goods (FMCG) companies. It has the
design, manufacturing and operational capabilities to take an idea from concept through to market. 
    *     Phoenix: Designs and sells interactive media platforms to broadcasters enabling them to offer interactive voting to viewers. Since
its acquisition, Phoenix has been able to provide a provision of content and IP to television broadcasters, creating opportunities to
co-produce shows.
    About The Sharpe Group:

    The Sharpe Company is a boutique intellectual property agency, offering clients a total package of IP rights representation.  We serve
as a licensing agent and consultant, as well as a strategic brand development manager and entertainment packager.   Sharpe provides a wide
range of global services and opportunities to owners of intellectual properties - both brands and characters.   Sharpe brings a truly global
perspective to the business of marketing intellectual properties with an emphasis in marketing IP from Europe in North America and IP from
North America in the rest of the world.  With more than 40 years combined IP licensing experience in the global consumer product
marketplace, Sharpe's team can make it happen.

    Contact: Ruth Adams, Ph: (310) 545-6839 E:  radams@sharpeco.com


    About NCircle Entertainment:
    *     NCircle is an entertainment content distributor that specializes in children's programming.
    *     NCircle Entertainment is a division of Alliance Entertainment Corporation (AEC), which is the largest single source of home
entertainment.
    *     AEC and NCircle are both part of Source Interlink. Source Interlink Companies is a leading marketing, merchandising and
fulfillment company of entertainment products including DVDs, music CDs, magazines, books and related items. With an annual run rate revenue
in excess of $3 billion, Source Interlink serves about 110,000 retail store locations throughout North America. Supply chain relationships
include movie studios, record labels, magazine and newspaper publishers, confectionary companies and manufacturers of general merchandise.
This information is provided by RNS
The company news service from the London Stock Exchange
 
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