"Teletubbies" Toys Say "Eh-Oh" to Children Everywhere;                                   FAO Schwarz and Toys R Us Report Phenomenal Sales                                    01:26 p.m May 27, 1998 Eastern 
                                    NEW YORK--(ENTERTAINMENT WIRE)--May 27, 1998--Just over one                                   week after the introduction of Hasbro's talking Teletubbies toys, key retailers are                                   proclaiming a tremendous success. The toys, based on the children's television                                   phenomenon, were introduced on May 16th at FAO Schwarz and Toys R Us                                   nationwide, with additional distribution to Store of Knowledge, Noodle                                   Kidoodle, Learningsmith, Imaginarium and Zainy Brainy beginning on Sunday,                                   May 17th. 
                                    "Teletubbies has greatly surpassed my expectations," said Michael Goldstein,                                   Chairman of the Board of Toys R Us. "In fact, I haven't seen a toy launch this                                   successful since the introduction of the Cabbage Patch dolls." 
                                    "We have seen a very enthusiastic response to Teletubbies," said John Eyler,                                   Chairman and CEO, FAO Schwarz. "Once parents and children watch the                                   show, they fall in love with these characters - and we expect this product will be                                   a big hit this holiday season." 
                                    "I am thrilled that the Teletubbies have become a part of the fabric of life in                                   America as quickly as they have," said Kenn Viselman, president and CEO of                                   the itsy bitsy Entertainment Company. "The way that children and their caregivers                                   have embraced the toys solidifies the fact that the series has proven to be a                                   positive, fun and creative outlet." 
                                    Teletubbies, produced by Ragdoll Productions (UK) Ltd., premiered on public                                   television on April 6th. The series is both entertaining and a learning tool for its                                   young audience. Above all else, Teletubbies is funny. Children become engaged                                   in the humor of the program which is deliberately created for their understanding.                                   The episodes are carefully written and directed so children can learn from each                                   show. 
                                    Teletubbies' unique format and characters were designed to nourish children's                                   thinking skills. This innovative program encourages young viewers to listen and                                   anticipate the characters' actions by incorporating movement, repetition and                                   speech. Full of inventive concepts and original ideas, Teletubbies has been                                   created to foster children's imaginations even after the television is turned off. 
                                    Ragdoll Productions (UK) Limited was founded in 1985 by Anne Wood. The                                   creator of the award-winning TOTS TV(TM), in association with Carlton                                   Television and produced in partnership with the itsy bitsy Entertainment                                   Company, Ragdoll Productions is committed to the development of young                                   children, capturing their imaginations through fantasy and play and teaching life's                                   lessons through first-hand discovery. 
                                    The itsy bitsy Entertainment Company, which recently concluded a merger with                                   Hadleman Company (NYSE:HDL), was launched to offer creators of unique                                   properties a strong, dedicated partnership for production, distribution, licensing                                   and marketing. Founded three years ago by Kenn Viselman, the itsy bitsy                                   Entertainment Company is known for inspiring "Safehaven Entertainment(TM)" -                                   programming and products that maintain the highest levels of consideration for                                   positive parenting while enhancing children's lives, allowing them to dream!    |