JANX - has news today - Feb. 15, 2000--Janex International, Inc., (OTC Bulletin Board: JANX) www.oKID.com, announced today that it has entered into a joint venture agreement with Politics.com (OTC Bulletin Board: POCO,) www.politics.com, a leading political web site to offer to oKID.com visitors an educational and political information service catered to children and their parents on the internet. The service will be an area of the oKID web site where children will be able to learn about the functions of local and national government. They will also be able to access information about Election 2000 candidates and their viewpoints. Vincent W. Goett, Chairman, President and CEO of Janex stated, "After a review of many politically orientated sites, Politics.com is oKID's most logical choice of partner to offer political information to our children viewers and their parents. Our site will feature a link directly into Politics.com as a service to parents and children eager to learn about today's political issues. Getting children involved in today's governmental issues and political debate not only increases their knowledge about this great country, but also strengthens our ability to attract and retain a substantially larger user audience who will stay at our site and come back more often." Howard R. Baer, Chairman of Politics.com, stated "oKID.com is already a remarkable site for children. We are truly excited to offer our user-friendly service to a young and eager-to-learn audience. Many Americans today neglect their constitutional right to vote. Our site will also feature a link to oKID.com, and we intend to provide oKID.com all available data within our resources to create a special place for educating children about important local and national issues. By educating children and getting parents involved with political issues, Politics.com hopes to help mold today's children into tomorrow's conscientious voters and rekindle voter enthusiasm among our young audience's parents." OKID.com already features an oKID government facility that will be further developed to include several buildings to act as the "political destination" within oKID World. Visitors to the site will be able to navigate directly to the area from Politics.com or by entering oKID.com. OKID.com is owned and operated by Janex International, Inc. Janex is a manufacturer and marketer of children's products including children's toys, water activity products, and other products marketed under the names Janex and Malibu Fun Stuff. Janex has licensing agreements with Children's Television Network, Lyons Partnership (Barney), Disney Enterprises, Saban Merchandising (Power Rangers), Lot O Fun Marketing, Pure Imagination Company, World Championship Wrestling, Inc., Warner Brothers and DC Comics, and as part of the acquisitions from Futech, Just Licensing Limited (Jellabies), Random Games, Inc., Hasbro (Winners Circle), Action Performance Companies, Inc. and JG Motorsports (Jeff Gordon). Politics.com, Inc. was launched in 1999 and is working to become a global Internet company offering a unique, branded network of information, communication and entertainment, all with politics as a common theme. Headquartered in New York City, Politics.com is focused on making politics more accessible, increasing the impact individuals can have on the political process, and improving the ability of elected officials and candidates to communicate with voters. The company's common stock is traded on the OTC Bulletin Board under the symbol POCO. Politics.com also has plans to open a Washington, D.C. office in 2000. In addition to www.politics.com, the company owns www.politicaljunkie.com and www.elections.com. Certain information in this news release does not relate to historical financial information and may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties that could cause the company's actual results in the future to differ materially from its historical results and those presently anticipated or projected. Among these risks and uncertainties are general economic conditions, especially during peak buying seasons for the company's products; competitive pricing and program changes; manufacturing performance; the company's relationship with its sales, manufacturing and distributing entities; the company's ability to respond to customer change, orders and delivery schedules; demographic trends; the company's ability to control costs; to attract and retain high-quality employees; and the company's ability to maintain its customer base and finalize significant transactions. For more information about Janex International, Inc., visit the oKID web site at www.oKID.com or call their offices at 602-808-9888. For more information aboutPolitics.com, visit www.politics.com or their offices at (480) 858-0016 --30--jh/ny* CONTACT: Janex International, Inc. Vincent W. Goett, Chairman, President and CEO 602/808-9888 or Janex International, Inc. Connie Lambros 602/808-9888 or Politics.com Inc. Howard R. Baer, Chairman 480/858-0016 |