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Press release from Business Wire

JAKKS Pacific Brings Magical Slugs to Life with a Licensing Agreement for Nerd Corps' New Boys Action Series, SLUGTERRA

<p class='bwalignc'> <b>JAKKS' Products Inspired by the Epic Adventure Series Launching Worldwide on Disney XD</b> </p>

Monday, June 04, 2012

JAKKS Pacific Brings Magical Slugs to Life with a Licensing Agreement for Nerd Corps' New Boys Action Series, SLUGTERRA06:30 EDT Monday, June 04, 2012 MALIBU, Calif. (Business Wire) -- Leading U.S. toymaker JAKKS Pacific, Inc. (NASDAQ: JAKK) announced today a licensing agreement with Nerd Corps Entertainment, Inc. to manufacture, distribute and market a line of toys based on the animated series, SLUGTERRA. The sci-fi, action-comedy adventure series is set to air on Disney XD in Fall 2012 with 39 half-hour episodes, plus 39 one-minute online Slugisodes. The new line includes action figures and accessories, vehicles, playsets, role-play, novelties and plush items. JAKKS expects to launch the SLUGTERRA product line in North America beginning Spring 2013, targeting kids six to 11-years-old. “Boys will be drawn to this action-packed, sci-fi comedy adventure about the underground world of slugs,” said Jill Nordquist, Vice President of Marketing, JAKKS Pacific. “SLUGTERRA has the makings of a great boy's property and we believe it will translate extremely well to action toys. We are thrilled to partner with Nerd Corps and bring to life their vision with a creative and action-packed toy line.” “SLUGTERRA has all of the hallmarks of a breakthrough boys franchise with staying power,” said Juli Boylan, head of Global Consumer Products at Nerd Corps. “It's a property that delivers wonderful character-driven stories and a great play pattern full of licensing opportunities. JAKKS Pacific is the perfect partner to deliver an innovative and collectible line of toys for SLUGTERRA.” “Becoming a slugslinger and having adventures in this amazing underground world with your trusty slug ammo by your side is at the heart of the SLUGTERRA story,” said Asaph Fipke, CEO of Nerd Corps Entertainment and show creator. “Kids want to be the hero, collect and train their slug buddies, then choose their ammo and slug it out. The JAKKS toy line will bring that fantasy to life for kids—we can't wait to see it hit the shelves!” About SLUGTERRASLUGTERRA is an epic sci-fi comedy adventure set deep underground, where the ammo's alive and only the quick survive! In this luminous, high-tech, underground world every cavern holds a new adventure, new battle and weird little slugs to be discovered! The story follows Eli Shane and his crew as they explore the caverns, challenge rivals and each other to friendly duels, upgrade their cool gear, and generally have a blast in this never-before-imagined underground world! But there is a very real threat to the world and the slugs; Dr. Blakk is seeking to “ghoul” the slugs, transforming them into feral mindless weapons! No one has been able to stand up to Blakk's powerful slugs and army of henchmen… until now. Follow Eli on his quest to become the greatest SLUGSLINGING hero of all time. Choose your ammo… slug it out! About Nerd Corps Entertainment, Inc. Nerd Corps Entertainment, Inc. is a privately-held IP creation, development, production, and distribution company based out of Vancouver, Canada, with offices in Toronto, Canada. The company's mandate is to produce stylistically innovative animated projects for television, film and online based on a solid foundation of creative and exceptional storytelling. Working in a state of the art studio with highly skilled artists and production staff, Nerd Corps's expertise in creative development and execution covers all aspects of property creation and management, from development and production to distribution, marketing, interactive development and licensing. The studio's stable of productions includes award-winning original series Storm Hawks and League of Super Evil, Rated A for Awesome as well as Dragon Booster for Alliance Atlantis and Hot Wheels®: Battle Force 5 for Nelvana and Mattel, Inc. For more information, please go to: www.nerdcorps.com. About JAKKS Pacific, Inc. JAKKS Pacific, Inc. (NASDAQ: JAKK) is a leading designer and marketer of toys and consumer products with a wide range of products that feature popular brands and children's toy licenses. JAKKS' diverse portfolio includes Action Figures, Electronics, Dolls, Dress-Up, Role Play, Halloween Costumes, Kids Furniture, Vehicles, Plush, Art Activity Kits, Seasonal Products, Infant/Pre-School, Construction Toys, Ride-On Vehicles, Wagons, Inflatable Environments and Tents, and Pet Toys sold under various proprietary brands including JAKKS Pacific®, Creative Designs International™, Road Champs®, Funnoodle®, JAKKS Pets™, Plug It In & Play TV Games™, Kids Only!™, Tollytots®, Disguise® and Moose Mountain®. JAKKS is an award-winning licensee of several hundred nationally and internationally known trademarks including Nickelodeon®, Warner Bros.®, Ultimate Fighting Championship®, Hello Kitty®, Graco®, Cabbage Patch Kids® and Pokémon®. JAKKS' Monsuno™ toy line is based on the new Monsuno™ animated television series. www.jakks.com This press release may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are based on current expectations, estimates and projections about JAKKS Pacific's business based partly on assumptions made by its management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such statements due to numerous factors, including, but not limited to, those described above, changes in demand for JAKKS' products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, and difficulties with integrating acquired businesses. The forward-looking statements contained herein speak only as of the date on which they are made, and JAKKS undertakes no obligation to update any of them to reflect events or circumstances after the date of this release. © 2012 JAKKS Pacific, Inc. All rights reserved. JAKKS Pacific, Inc.Ida Yenney, 310-455-6232iday@jakks.netorNerd Corps Entertainment Inc.Sara Bearchell, 604-484-0266sara.bearchell@nerdcorps.com