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Non-Tech : JAKKS Pacific (JAKK) -- Ignore unavailable to you. Want to Upgrade?


To: levy who wrote (268)1/6/2000 10:48:00 AM
From: JakeStraw  Read Replies (1) | Respond to of 371
 
JAKKS Pacific Inc. WWF TitanTron Playset Ranked No. 1 Among Action Figure Accessories
MALIBU, Calif.--(BUSINESS WIRE)--Jan. 6, 2000--JAKKS Pacific Inc. (Nasdaq:JAKK - news) today announced that according to TRSTS® (Toy Retail Sales Tracking Service) sales data from the NPD Group Inc., the company's WWF TitanTron Playset was ranked No. 1 among all action figure accessories and No. 3 among all action figure toys during November 1999.

The company also announced that the World Wrestling Federation® (WWF) brand was ranked first in the action figure toy category by brand for the month of November, capturing 13 percent of the entire action figure toy market, based on TRSTS dollar sales data.

The NPD Group's TRSTS Service tracks market trends through point-of-sale information collected from a panel of U.S. retailers. TRSTS data is gathered weekly and monitors sell-through retail sales nationwide. The TRSTS service represents approximately 60 percent of traditional toy sales.

''We continue to be extremely pleased with the popularity of our WWF brand wrestling figures and accessories,'' said Stephen Berman, president and chief operating officer of JAKKS Pacific Inc. ''Sales were tremendous over the holiday season, and we are particularly excited that the WWF line of action figures and accessories was ranked the number one brand in the overall action figure category for the month of November 1999, a category that includes such well-known names as Pokemon, Star Wars and Power Rangers.''

JAKKS Pacific is a multi-brand toy company that designs, develops, produces and markets toys and related products including: action figures and accessories featuring licensed characters, principally from the World Wrestling Federation®; ''Flying Colors''® molded plastic activity sets, clay compound playsets and lunch boxes; ''Road Champs''® die-cast collectible and toy vehicles and ''Remco''® toy vehicles and role-play toys and accessories; ''Child Guidance''® infant and preschool electronic toys, toy foam puzzle mats and blocks and activity sets and outdoor products; and fashion and mini dolls and related accessories.

Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements. Such statements reflect the current views of the company with respect to future events and are subject to certain risks, uncertainties and assumptions. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual future results or events may vary materially from those described herein.

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Contact:

CONTACTS: JAKKS Pacific Inc.
Stephen Berman, 310/456-7799
or
Silverman Heller Associates, Los Angeles
Philip Bourdillon/Eugene Heller, 310/208-2550