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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: Andrew R. Sicotte who wrote ()5/16/2000 9:28:00 PM
From: esecurities(tm)  Read Replies (2) of 4231
 
[05-16-00 09:22 PM ET] NKCIFs E.T. LICENSE:IN UNIVERSAL STUDIOS' OWN WORDS...

From: Jackman, Debbie <debbie.jackman@unistudios.com>
To: 'WallStreetRadio.com Newswires' <ijournalist@channelw.net>
Sent: Tuesday, May 16, 2000 2:37 PM
Subject: RE: Universal Studios/Amblin/E.T.-NewKidCo license

> I passed your email along to Nancy Cushing-Jones, the president of
> publishing rights for Universal Studios Consumer Products Group who
> negotiated this deal with NewKidCo. Following are her responses

>
> > 1) Is the license exclusive?

YES, FOR THE SPECIFIC PLATFORMS LICENSED

> > 2) Does this license mean that NewKidCo will have the same [right of first
> > refusal] rights for a sequel to the original 1982 movie?

SEQUEL RIGHTS ARE
> > NOT ADDRESSED IN THIS DEAL

> > 3) Does this license suggest that anyone other than NewKidCo e.g.
> > Activision, Mattel, et al would be in a position to acquire the same
> > rights for the original 1982 movie in addition to acquiring exclusive or
> > non-exclusive rights for a sequel to the 1982 original release of E.T.?

> > EXCLUSIVE MEANS WE CAN NOT LICENSE THE SAME PLATFORM RIGHTS TO A
> > COMPETITIVE COMPANY DURING THE TERM OF LICENSE.


(WallStreetRadio.com Newswires(tm)).
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