NEW YORK, May 11, 2005 (BUSINESS WIRE) --
4Kids Entertainment, Inc. (KDE) has acquired the
worldwide licensing rights to Chaotic - Apex Marketing and Dracco
Company Ltd.'s exciting trading card game.
4Kids Entertainment will manage the licensing, marketing and
promotional initiatives for this trading card property and will join
creative forces with Apex Marketing to develop and produce an all-new
children's animated series based on Chaotic. 4Kids will jointly own
the copyright to the Chaotic television series, which is expected to
debut on 4Kids TV in Fall 2006.
The Chaotic trading card game enjoyed great success in Denmark.
"Chaotic is truly a unique property that we are proud to add to
our portfolio," said Alfred R. Kahn, Chairman and Chief Executive
Officer of 4Kids Entertainment. "Chaotic has all the elements to
become a worldwide television and merchandising hit."
In addition to marketing the trading cards and co-producing the
television series, 4Kids will look to develop licensing partnerships
in all core categories, initially focusing on toys, interactive
entertainment and collectibles.
About 4Kids Entertainment
Headquartered in New York City with international offices in
London, 4Kids Entertainment, Inc. (KDE) is a global provider of
children's entertainment and merchandise licensing. 4Kids, through its
wholly owned subsidiaries, provides domestic and international
merchandise licensing; television, film, music and home video
production and distribution; media planning and buying; product
development; and Web site development. For further information, visit
the Company's Web site at www.4KidsEntertainment.com.
The information contained in this press release, other than
historical information, consists of forward-looking statements within
the meaning of Section 27A of the Securities Act and Section 21E of
the Exchange Act. These statements may involve risks and uncertainties
that could cause actual results to differ materially from those
described in such statements. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will prove
to have been correct. Important factors beyond the Company's control,
including general economic conditions, consumer spending levels,
competition from toy companies, motion picture studios and other
licensing companies, the uncertainty of public response to the
Company's properties and other factors could cause actual results to
differ materially from the Company's expectations.
SOURCE: 4Kids Entertainment, Inc.
Dan Klores Communications
Jeffrey Klein, 212-981-5189
Karyn Barr, 212-981-5263
KCSA Investor Relations
Todd Fromer, 212-896-1215
Michael Cimini, 212-896-1233
Copyright Business Wire 2005