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To: ztect who wrote (46399)1/23/1999 8:34:00 PM
From: Brukie  Respond to of 119973
 
Straight from stock-dogs.com

Friday, January 22, 1999 3:01 pm EST
ACEI 2 5/8 x 3/4

Gonna buy this one at these levels and hold for next few days. Ex-Football star Joe Montana owns 7% of the company. Float is small, around 2.4 million shares. Rumors circulating big time on Wall Street that the company will issue news on Monday or Tuesday next week announcing the launch of a product Internet site featuring toys of the characters their TV shows depict.

Most Recent News:

American Champion Entertainment Signs First Toy Licensing Deal

SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 6, 1999--American Champion Entertainment Inc. (Nasdaq:ACEI) today announced a licensing agreement with Timeless Toys of Foster City, Calif., for its children's television show "Adventures with Kanga Roddy."

Timeless Toys is planning a major launch of a specialty market, high quality plush line based on characters in "Adventures with Kanga Roddy." The toy line will feature the leading character of the series, Kanga Roddy, a golden-colored martial arts marsupial, and the supporting cast of Shakespeare, a wacky and loveable bookworm, Tackle Bear, Kanga Roddy's dancing sidekick and Kimmi and Cimmi, the feline sisters. The entertaining and educational children's show is currently featured on public television stations in 31 markets across the country. The full Kanga Roddy line will be on display at the Javitts Center during Toy Fair in February.

The Timeless Toys Kanga Roddy line will consist of bean bags, plush key chains, hand puppets, musical plush and regular plush. Special accessories for the characters will give the product lines added value. All of the products will be made to the exacting quality and safety standards that Harry Nizamian, CEO of Timeless Toys, pioneered during his long tenure as CEO of Dakin, Inc.

Timeless Toys specializes in high quality plush toys, hand puppets and educational wooden toys and markets them to the specialty toy and gift markets. Nizamian, who refers to himself as the "father of Garfield," was responsible for creating and marketing the infamous "hanging Garfield" plush doll onto automobile windows across America.

"It is great to have an opportunity with a license that has all the elements of becoming a mega hit," said Nizamian.

The "Adventures with Kanga Roddy" series centers around the moral teachings of Kanga Roddy and stars Pat Morita of "Karate Kid" fame, Mickey Thomas of the band "Starship," Tony Lindsey, lead singer for "Santana," Jennifer Montana and Karen Lott. The Executive Producers of the program are football legends Joe Montana and Ronnie Lott. The producers of the series target the show to children between the ages of 3 to 8 and focus their teachings on the development of emotional intelligence.