(June 8, 2004 – Malibu, CA) - JAKKS Pacific, Inc. (Nasdaq: JAKK) announced today that the company has signed a worldwide licensing agreement with Warner Bros. Consumer Products to produce multiple TV Games™ products, based on Superman™, Batman™, Justice League™ and Scooby-Doo™ properties. The TV Games™ product is a plug and play gaming system that contains multiple games in one single controller. All that is needed are batteries and a TV -- no videogame consoles or gaming cartridges are required. Simply plug the TV Games™ product into the A/V jacks of any standard television set, turn it on and play! The lightweight, compact, all-inclusive controller houses a combination of videogames with all of the hardware built right in. This technology allows gaming fans to enjoy a number of videogames with just one single purchase. “Superman, Batman, Justice League and Scooby-Doo continue to be some of the most beloved classic properties around the world, and we are pleased to add the premiere brands to our TV Games™ line-up,” commented Stephen Berman, president and COO, JAKKS Pacific. “We are confident that the vast fan base for the Warner Bros. Entertainment characters will be excited about the new line of TV Games™ products.” “The JAKKS’ TV Games™ products will effectively extend the action-packed DC Super Hero experience and fun of Scooby-Doo to fans everywhere,” said Karen McTier, Executive Vice President of Domestic Licensing for Warner Bros. Consumer Products. “We are delighted to have JAKKS Pacific create technologically advanced games that match our ever evolving brands.” TV Games™ products based on Superman™, Batman™, Justice League™ and Scooby-Doo™ properties are slated to launch in 2005 and are expected to retail for approximately $20.00 each. For more information on JAKKS Pacific’s TV Games™ line, please visit www.jakkstvgames.com. About Warner Bros. Consumer Products Warner Bros. Consumer Products, a Warner Bros. Entertainment Company, is one of the leading licensing and retail merchandising organizations in the world. About DC Comics DC Comics, a Warner Bros. Entertainment Company, is the largest English-language publisher of comics in the world and home to such iconic characters as Superman, Batman, Wonder Woman and the Sandman. These DC Super Heroes and others have starred in comic books, movies, television series (both animated and live-action) and cyberspace, thrilling audiences of all ages for generations. DC Comics’ Web site is located at www.dccomics.com. About JAKKS Pacific, Inc. JAKKS Pacific, Inc. is a multi-brand company that designs and markets a broad range of toys and leisure products. The product categories include: Action Figures, Arts & Crafts Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush and Dolls. The products are sold under various brand names including Flying Colors®, Road Champs®, Remco®, Child Guidance®, Pentech®, Trendmasters®, Toymax®, Funnoodle®, Go Fly a Kite® and JPI Color Workshop®. The Company also participates in a joint venture with THQ Inc. that has exclusive worldwide rights to publish and market World Wrestling Entertainment™ video games. For further information, visit www.jakkspacific.com. This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about JAKKS’ business based, in part, on assumptions made by its management. These statements are not guarantees of JAKKS’ 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 forward-looking statements due to numerous factors, including, but not limited to, those described above and the following: changes in demand for JAKKS’ products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing and difficulties encountered in the integration of acquired businesses. The forward-looking statements contained herein speak only as of the date on which they are made, and JAKKS does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. SUPERMAN, BATMAN, THE JUSTICE LEAGUE and all related characters and elements are trademarks of and © DC Comics. SCOOBY-DOO and all related characters and elements are trademarks of and © Hanna-Barbera.
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