GON Galleon Hldgs

    RNS Number : 5789B
  Galleon Holdings PLC
  19 August 2008
   

    Date:                     19 August 2008
    On behalf of:          Galleon Holdings plc ('Galleon', 'the Group' or 'the Company')
    Embargoed until:    0700hrs 

Galleon Holdings PLC
�                   US distribution agreement for Skunk fu! toyline



    Galleon Holdings plc (AIM: GON), the AIM listed entertainment media company focused on the emerging markets, today announces it has
signed its first distribution agreement in the US for the Skunk fu! toyline with Zizzle Toys, a major toy manufacturer that specialises in
developing and marketing innovative toy products.   

    In the United States, the Skunk fu! series is currently broadcast on The Cartoon Network as many as three times per day during the week
and on the weekends it is shown on the Kids WB Network. To date, ratings have reached 3.2 million for its core target audience, boys age
6-11.  

    The Skunk fu! toyline has been developed by Croco Worldwide, Galleon's toy division and was launched at the New York Licensing Show in
June this year.  Zizzle will have the exclusive rights to distribute Skunk fu! toy merchandise in the US, where it currently manufactures
and distributes toys in partnership with such licensors including Disney, Nickelodeon, Marvel, HIT, WB and more. Zizzle is known for its
recent success in distributing the Pirates of The Caribbean toy line in the US.  

    Skunk fu! is an animated cartoon targeting boys age 6-11, starring Skunk fu! a skunk who is accidentally dropped into China by a wayward
stork as a baby. Skunk is a gifted student, but his boldness keeps getting him into dangerous, but hilarious and sometimes smelly
adventures! Skunk has to learn the mysteries of Kung Fu from a wise old Panda, so that he can help the resistance to fight the evil Black
Dragon and his army of Ninja Monkeys.  

    Commenting on the distribution deal, CEO of Galleon Holdings, Stephen Green said:
    "Skunk fu! is now getting strong TV ratings in the US on two leading broadcasters and we are delighted to be working with a partner of
Zizzle's calibre in the Toy category."

    Commenting on the distribution deal, Zizzle President and CEO, Roger Shiffman said:
     "We're thrilled to have been chosen to bring Skunk fu! to the US. The success the television show has had on the Cartoon Network right
out of the blocks is unprecedented. The characters and comedic play lend themselves to a long term franchise opportunity. We're confident
that pairing Zizzle's product and marketing expertise, The Sharpe Company's stellar licensing and Croco's product, we are creating a recipe
for success." 


    Enquiries:

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

 Kaupthing Singer & Friedlander Capital Markets
 Graham Swindells / Marc Young                       Tel: 020 3205 7500

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


    Notes to Editors:

    Galleon Holdings plc creates and distributes multi-platform branded entertainment properties focused on the emerging markets, in
particular China and South East Asia. The entertainment properties are designed to establish a direct, interactive relationship with the
viewer.

    Television in China reaches approximately 98% of the population of 1.3 billion. Mobile phone penetration is also high, with over 450
million subscribers and with over 300 million people online, China is now the largest online market in the world. Huge TV audiences and
growing interactive platform access presents a substantial opportunity for Galleon to benefit from the popularity and demand for interactive
entertainment and game shows. China is forecast to become the world's fifth largest advertising market.

    In October 2007 Galleon acquired Phoenix, a Hong Kong based media solutions company, which specialises in the provision of interactive
broadcast television services that enable broadcasters in China and South East Asia to provide interactive entertainment for audiences to
access through TV, online and mobile. 

    In February 2008 Galleon acquired Yunbo, a mobile service provider in China, strengthening the Company's ability to provide Chinese
broadcasters with a complete media solution for multiplatform entertainment. Galleon now has total control over the interactive content, its
delivery to the consumer, data capture and the billing process.

    Galleon develops entertainment formats for children, families and young adults. These include:

*         Super Soccer Star * an interactive family orientated football talent show. Produced in association with Chelsea Football Club. The
first series, currently broadcasting in Gungdong province, China, has achieved top five show status.
*         The Limit * prime-time family variety game show. To be launched in Hunan province, China later this year.
*         Skunk Fu! - a comedy action animated TV show for kids aged 6-11.
*         Apollo*s Pad - an interactive online animated sitcom targeting 16-24 year olds. 


    ABOUT ZIZZLE
    Zizzle Toys is an innovative marketing driven toy and entertainment company founded by President and CEO Roger Shiffman. Zizzle is
currently manufacturing a unique line of licensed electronic music toys for both of Disney's newest and most popular franchises, High School
Musical and Camp Rock. Zizzle is developing a broad line of hand held electronics games featuring the licenses of ESPN, Nickelodeon, Marvel,
HIT and Disney. Zizzle created the Oppenheim Platinum Award Winning Lucky the Incredible Wonder Pup and is the U.S. distributor for the
international award winning iTeddy. Zizzle is also The Worldwide Master Toy Licensee for Disney's Pirates of the Caribbean franchise. Over
the last three years, Zizzle has successfully brought to market an arcade pinball machine for home use, numerous interactive animatronic
plush characters, electronic music toys, educational learning aids, remote control cars and many other toys. To learn more about Zizzle log
on to www.zizzle.com.

    ABOUT THE SHARPE COMPANY
    The Sharpe Company, the licensing agent for Skunk fu! in North America, is a boutique intellectual property agency, offering clients a
total package of IP rights representation. It serves 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. 



This information is provided by RNS
The company news service from the London Stock Exchange
 
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