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Flashman Studios and Classic Media Forge a Relationship to 'Toon Up Gaming

For Immediate Release

December 19, 2006

San Francisco, CA - Classic Media's most popular characters, including Rocky & Bullwinkle & Friends, Dick Tracy, Underdog, and George of the Jungle, are all set to expand their cartoon antics into fun gameplay.

Flashman Studios Inc. and Classic Media have formed a strategic consulting agreement to create video gaming opportunities on all interactive platforms. Included are these universally loved classic characters*:

· Underdog

· George of the Jungle

· Gerald McBoing Boing

· VeggieTales

· Santa Claus is Comin' to Town

· Magnus, Robot Fighter

· Roger Ramjet

· Lassie

· Dick Tracy

"Flashman Studios' vast experience and key industry relationships make them an ideal partner to help us bring our classic characters to a new generation of gamers," said Leslie Levine, Classic's VP of World Wide Licensing. "We look to tap into Flashman's wealth of knowledge to strategically determine which developers and publishers can best capture the uniquely fun game play inherent in each of these great icons."

Flashman is now actively seeking game publishers worldwide to ensure that these legendary characters are available to gaming audiences.

"We know how to bring a game to life," CEO of Flashman Studios, Brad Young, shares insight on their success formula. "Flashman is proactive when it comes to representing intellectual property and presenting a full business case to game publishers. We typically think through an interactive brand strategy that takes into consideration the appropriate game platform for the property, high level design, and we often present a game developer who's both passionate about the intellectual property and able to execute."

Classic Media owns and manages some of the world's most recognizable family properties across all media including feature film, television, home video, and consumer products. The company's extensive library features a diverse collection of popular animated and live-action characters such as: Rocky and Bullwinkle, Mr. Magoo, Peter Cottontail, Santa Claus is Comin' to Town, The Lone Ranger, Lassie, Underdog, and VeggieTales.

Classic Media is currently developing a live-action/CGI "Underdog" feature film with Spyglass Entertainment and Disney, a Universal Picture's CG animated feature "The Pirates Who Don't Do Anything: A VeggieTales Movie," a live-action "The Lone Ranger" movie with Columbia Pictures through their Sony-based Red Wagon Productions; and in production is an all-new "George of the Jungle" animated series for Cartoon Network which will premiere Fall 2007.

Flashman Studios is a unique, full-service business management firm representing developers, intellectual property and game-services companies to the interactive entertainment industry, with a primary focus on video games. Flashman works with clients on corporate strategy, marketing, branding, business development, negotiation, investment, and mergers and acquisitions. With offices in San Francisco, CA and Vancouver, BC, Flashman works with many of the interactive industry's most innovative and exciting companies to create long-term value in their business.

Flashman Studio's leadership and specialized knowledge has delivered some of today's most exciting gaming experiences. Flashman has been instrumental in constructing projects for their clients, that include: Cars Mobile (Disney/Pixar); Flipper Critters (Ignition); Happy Feet Mobile (Warner Brothers); WizKids Pirates (SOE-Denver); Mushroom Men (publisher unannounced); Happy Tree Friends (publisher unannounced); War World (publisher unannounced).

*where not already under license arrangements

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Media Contact:

Classic Media, Inc.

Sasha Junk

Head of Corporate

Communications & PR

PH : 212.659.1993

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