Profile pages for more than 2700 toy, game, and hobby manufacturers and wholesalers USA

Japan's Ministry of Health and Welfare will conduct research on so-called environmental hormones, agents such as dioxin that have been found more and more often in the atmosphere and even in sources such as breast milk, that are thought to interfere with mammalian reproduction and development.

The ministry will examine the level of these hormones in toys, tap water and the umbilical cord and compile a report by March with suggested measures to combat the detrimental effects of these agents.

U.S. Industries, Inc. (NYSE-USI) said today that, based upon current indications, it will report earnings per share from continuing operations for the third quarter, which ends July 3, 1998, in a range of $ .30 to $ .35. This is below the $ .45 reported in the prior fiscal year's third quarter before restatement for inclusion of Zurn Industries and prior to any non-recurring charges. For the full fiscal year, USI expects earnings per share from continuing operations and before non-recurring charges to exceed the $ 1.50 reported in the prior fiscal year but to fall short of its target of achieving minimum annual earnings per share growth of 15%. The prior fiscal year has not been restated for the inclusion of Zurn Industries. The Company's reduced expectations are predominately due to difficulties in its USI Diversified businesses, particularly in its Rexair vacuum cleaner and Ertl toys subsidiaries. At the vacuum cleaner operations, the recent changeover to a new model, though favorably received by distributors, has proven slower to implement than previously anticipated. Also, sales have been affected by the negative impact of the strong dollar on export sales, which account for approximately 60% of Rexair's vacuum cleaner sales. Toy sales and operating income have been negatively affected by reduced customer orders and unfavorable manufacturing costs.

Play-By-Play Toys & Novelties, Inc. (Nasdaq: PBYP) said today, based on current weakness in the U.S. Retail toy market, evidenced by Toys-R-Us' widely known decision to reduce inventory levels; Mattel's announcement of lower than expected sales during the first and second quarters, and continued sluggishness in the pre-school and large doll markets by the mass retailers, that the Company's retail sales may be off as much as 40% for the quarters ending July 31, 1998 and October 31, 1998. Play-By-Play said, however, that amusement and international sales continue to trend very positively, but cautioned that they may not be strong enough to fully offset the decline in retail sales during these quarters. In light of the weakness in the retail environment, the Company believes earnings per share for the fourth quarter ending July 31, 1998 will be in the range of $0.43 to $0.48 and approximately $0.15 to $0.20 below analysts' consensus estimates for the first quarter ending October 31, 1998.

Real Goods Trading Corp. (Chicago Stock Exchange:RGT)(NASDAQ:RGTC) announced today that Les Seely, 54, has been named chief financial officer and secretary of the company. Seely, most recently chief financial officer at Schurman Fine Papers, has had substantial experience at both public and private companies and within a major accounting firm. "It's great to have Les on board," Chief Executive Officer John Schaeffer said. "He brings a lot of relevant experience with him." "We are very glad Les decided to join Real Goods," said Real Goods President Ron Zell. "We expect him to be a key member of the new management team we are putting together to develop the Real Goods franchise," Zell added. "I've been a fan of Real Goods for years," Seely said. "I'm looking forward to working with John Schaeffer and Ron Zell to enhance Real Goods' position as the leading retailer of renewable energy and conservation supplies in the world." Seely graduated from the University of Colorado and has his MBA from the Wharton School of Business at the University of Pennsylvania. Following ten years with Arthur Young & Company (now Ernst & Young), he spent three years at an electronics company and seven years as chief financial officer of Dakin, Inc., a designer and manufacturer of plush stuffed toys, before joining Schurman Fine Papers, where sales grew by 500% in the seven years he was there.

Tridon Enterprises Inc. (OTC Electronic Bulletin Board:TEIM) Friday announced that it has executed a deal memo to acquire National Paintball Supply Co. Inc., the world's largest distributor of Paintball guns, paint, gear and related accessories. Tridon and NPSC are proceeding to a definitive agreement and plan of merger. Founded in 1989 as a hobby business, NPSC has become one of the major forces in the fast growing business of Paintball gaming. NPSC manufactures and distributes more than 1,500 items to the industry from three locations in the United States. The new 20,000- square-foot warehouse was designed and built specifically for the distribution of Paintball supply items. The facility is computerized and state of the art. Since its founding, NPSC has supplied the consumer his/her every Paintball game need. The extensive inventory includes the finest and most popular Paintball guns, paintballs, accessories and gear available. NPSC is usually the first to offer new products to the industry and consumer as they become available. NPSC is the exclusive distributor of Proball, Proball Platinum Series and ZAP Paintballs, three of the finest and most popular brands of paint in the industry. NPSC manufactures many Paintball products and markets them under the brand names "NP" and "Proball." Proball is one of the most recognizable brands in the industry. NPSC is the largest single source of Paintball supplies in the world. NPSC's first-quarter 1998 sales were $ 4,461,058, gross profit was $ 765,024 and net (after tax) income was $ 208,940. NPSC projected sales for 1998 are $ 20.9 million, gross profit is $ 4.18 million and net (after tax) income is $ 1,049,428; 1999 projected sales are $ 28.5 million, gross profit is $ 5.7 million and net (after tax) income is $ 1,607,375; for 2000, projected sales are $ 35.5 million, gross profit is $ 7.1 million, and net (after tax) income is $ 2,104,599. These figures are based on certain forward-looking assumptions. Analysts predict that the Paintball-gaming industry will grow an estimated 25 percent annually for the next few years.

Adrenalin Interactive Inc., (NASDAQ:ADRN) formerly Wanderlust Interactive Inc., announced today it has signed an exclusive two-year licensing agreement with Anglia Multimedia. Anglia will distribute Adrenalin's second title, The Pink Panther(tm) in Hokus Pokus Pink(tm) in the United Kingdom and Ireland. The Company will receive an advance royalty payment prior to the release of the game in September 1998. Along with Passport to Peril(tm), these two Pink Panther games have reached sales of over 100,000 copies and are licensed in 24 countries and in 15 different languages. Both games have also won several international awards. Jay Smith, Chairman and CEO of Adrenalin, noted, "As one of Great Britain's largest CD-ROM publishers, we are very excited to be working with Anglia. With the additional support of its parent company, United News & Media PLC, Anglia can access the television and print media owned by United to reach a large audience in its target markets. And, as one of the top 20 media companies in the world, United can help to bring The Pink Panther(tm) in Hokus Pokus Pink(tm) to the interactive world of the home computer." Adrenalin Interactive Inc. develops and licenses console video games for Sony, Nintendo and Sega consoles, entertainment titles on PC computers, and internet "play-to-win-cash" games for the World Wide Web. The Company also develops and licenses Electronic Toys and creates interactive television games for digital set-top boxes. In February 1997, the Company acquired the operations of Western Technologies, a well-established video and computer game developer and electronic toy designer, which has done business as Adrenalin Entertainment or Western Technologies since 1980.

6/17/98--Standard & Poor's today revised its ratings outlook on Mattel Inc. to negative from stable following the company's recently announced agreement to acquire Pleasant Co. for $ 700 million in cash. Pleasant is a direct marketer of the popular American Girl line of dolls, books, and accessories. The purchase expands Mattel's leading toy market position and provides a good strategic fit.

Adrenalin Interactive Inc., (NASDAQ:ADRN) announced today it has officially changed its name from Wanderlust Interactive Inc. to Adrenalin Interactive Inc. The Company has also changed its stock symbol on the NASDAQ exchange from "LUST" to "ADRN" to coincide with its new name. Trading on the NASDAQ under the new symbol, ADRN, will begin as of the market opening today. Jay Smith, Chairman and CEO of Adrenalin, stated, "The name Adrenalin Interactive Inc. better represents the direction of our Company and the excitement we feel about our future. Adrenalin is a name well regarded in the software development field, and we are in total agreement with our shareholder's decision at the annual meeting to change the name of the Company at this time." Adrenalin Interactive Inc. develops and licenses console video games for Sony, Nintendo and Sega consoles, entertainment titles on PC computers, and internet "play-to-win-cash" games for the World Wide Web. The Company also develops and licenses Electronic Toys and creates interactive television games for digital set-top boxes. In February 1997, the Company acquired the operations of Western Technologies, a well-established video and computer game developer and electronic toy designer, which has done business as Adrenalin Entertainment or Western Technologies since 1980.

Emerging Company Report, the nationally syndicated television program that profiles emerging- growth companies (https://www.emergingcompany.com), produced their weekly show "On-Location" from The Chicago Money Show and featured interviews with the people behind Page International Inc. (OTC/BB:PGII) and PSI Industries Inc. (OTC/BB:PSII). PSI Industries is a national distributor of photo film and supplies for companies like Kodak (NYSE:EK), Fuji (Nasdaq:FUJIY) and Polaroid (NYSE:PRD). The company also has developed and is marketing a unique one-time use camera, "The Message Camera," which includes customized greetings and color messages printed on each photo. "It is ideal for birthdays, graduations, weddings, you name it," said PSI Industries Chief Operating Officer Ben Cohen. "The Message Camera can also be customized with corporate messages; we have already produced private label cameras for Harley Davidson (NYSE:HDI) and Compaq (NYSE:CPQ). We are selling our retail cameras in outlets like K-Mart (NYSE:KM) and Toys R Us (NYSE:TOY)." Page International Chief Executive Officer Tony Page described his 12-year-old company as being in the wholesale distribution business.

6/15/98---7/5/98

Hasbro Inc. (HAS) is consolidating its OddzOn Inc. facilities into a new 400,000-square-foot headquarters and warehouse facility located in the Napa Valley of northern California. OddzOn currently has offices in Bedford Heights, Ohio, along with Campbell and Petaluma, California. The new headquarters will allow OddzOn to operate more efficiently, Hasbro said in a Tuesday press release. Hasbro is a worldwide leader in the design, manufacture and marketing of toys, games, interactive software, puzzles and infant products. Both internationally and in the U.S., its Playskool(R), Kenner(R), Tonka(R), OddzON(R), Super Soaker(R), Milton Bradley(R), Parker Brothers(R), Tiger(TM) and Hasbro Interactive(TM) products, provide children and families with the highest quality and most recognizable toys and games in the world.

Scholastic Inc.'s (SCHL) Scholastic Entertainment formed strategic partnerships with Hasbro Inc. (HAS) and Columbia TriStar Home Video for video and toy licensing and merchandising of its Animorphs children's series property, which will be introduced in 1999. Scholastic said toy maker Hasbro will incorporate Animorphs as a new line in its Transformer brand. The toys will be available in toy and mass market stores beginning in the first quarter of 1999. Columbia TriStar plans an extensive video launch for the Animorphs series in 1999.

Bershire Hathaway increased its stake in Mattel Inc. by 1,208,900 shares in the first quarter of 1997

Hundreds of Irwin Toy Junior Shareholders were among the crowd who assembled at today's Annual Shareholder Meeting to hear president George Irwin discuss what was a bittersweet year for Irwin Toy. ``Year-end January 31st, 1998 was very disappointing for the company,'' said Irwin in his opening remarks. ``Our loss for the year was $1,015,000 compared to the year before of a profit of $1,249,000. Our sales decreased from $111,654,000 in fiscal 1997 to $103,658,000 in fiscal 1998.'' Irwin cited lower sales industry-wide in some traditional categories in which Irwin Toy markets products as a factor behind last years results. He also reviewed two strategic acquisitions made by the company in 1997 which impacted year-end figures. ``We did take some positive steps which created a loss in last year's numbers,'' explained Irwin, ``but will strengthen two key areas of our business in the future.''

Racing Champions Corporation (NASDAQ:RACN) As the popularity of one of America's favorite spectator sports, NASCAR racing, has grown in recent years, so have the die-cast collectible lines of NASCAR racing replicas which Racing Champions manufactures and markets. The popularity of the Company's highly sought-after NASCAR collectibles is also spreading to the Internet. To accommodate the growing number of requests from collectors, and to further expand its collector base, Racing Champions has opened its "Racing Shop" at the Company's website located at www.racingchamps.com on the Internet. Unique collectibles may be purchased by collectors directly through the website. Initial offerings on the www.racingchamps.com website include a special five car set of 24 karat gold NASCAR 50th Anniversary collectibles. Founded in 1989, Racing Champions (NASDAQ:RACN) is a leading producer and marketer of collectibles available at more than 20,000 retail outlets throughout North America.

Marvel Entertainment Group (MRVGQ) plans to unveil a new brand strategy and plans to develop new consumer products to fit the strategy; the entertainment company said it has redesigned the Marvel brand and defined three critical market segments.

Hasbro Inc. (HAS) named Willa M. Perlman to the new post of general manager, new business development and global marketing. Perlman had been president and publisher at Golden Books Children's Publishing Group, a unit of Golden Books Family Entertainment Inc. "Willa has an outstanding track record of entrepreneurial achievement in publishing and marketing to children and families," said Klein. "Willa possesses a highly creative management style and the ability to build the right opportunities into successful and profitable businesses."

Zindart Limited (NASDAQ/NMS: ZNDTY) today announced record sales and net income for its fiscal year ended March 31, 1998. These results mark the 15th year of record revenues and the 8th year of record net income. On a pro forma basis, net sales for fiscal 1998 increased 16.6% to $111.5 million from $95.6 million for fiscal 1997. On a pro forma basis, net income for fiscal 1998 increased 73.7% to $9.7 million, or to $1.30 per share, from $5.6 million, or from $0.97 per share, for fiscal 1997. Founded in 1978, Zindart produces and markets high-quality die-cast and injection-molded collectible products for consumer companies with strong global brands in the United States of America and Europe. In February 1998, the Company acquired Hua Yang, a producer of complex, high-quality books and specialty packaging. The Company's strategy calls for further penetration of the Western collectible markets by achieving greater critical mass and marketing presence in these distribution channels.

Bandai Co. began selling the Hyper Yoyo toy in South Korea last month and plans to market the product in Singapore and Hong Kong from June 26, the Nihon Keizai Shimbun reported Monday, quoting company sources. The yo-yo, which has a special ball bearing near the spool that enables a variety of complex movements, is particularly popular among elementary school students in Japan.

Blast into the death-defying world where gamers are rewarded for saving lives rather than extinguishing them. This is the daring mission given to players in the latest Sega Saturn(R) game "Burning Rangers(tm)" available today from Sega(R) of America. In this revolutionary action title, gamers assume the heroic role of fire fighters equipped to conquer glowing blazes and rescue innocent people from the burning buildings. "Burning Rangers" thrusts players into a futuristic world where explosive situations require the expertise of fire fighters called Burning Rangers, an elite search and rescue team equipped to handle life-threatening missions. CONTACT: Sega of America Dan Stevens, 650/802-3996

DSI Toys, Inc. (Nasdaq:DSIT) today reported financial results for the first quarter ended April 30, 1998. Net sales decreased 20% to $5.9 million, compared to net sales of $7.4 million in the first quarter ended April 30, 1996. Gross profit was $1.4 million, a 48% decrease from $2.7 million in the same period last year. Net loss was $645,000, or $0.11 per share, compared to last year's first quarter loss of $481,000, or $0.14 per share. The decreases in net sales and gross profits are primarily related to dolls. First quarter doll sales in 1998 were comprised solely of final close-outs of 1997 doll inventory. Due to the seasonality of the toy business, the Company expects to incur a loss in the first quarter of each fiscal year for the foreseeable future.

A day care center being sued over severe injuries to a young girl wants to add the Fisher-Price toy company, Lyndon Rescue and the American Heart Association to the list of defendants. Katherine and Bradley Lawson filed suit against Brown's Home Day Care after their daughter, 13-month-old Jordan Lawson, sustained severe brain damage a year ago when a rattle lodged in her throat.

Kesmai Corporation, the world leader in massively multiplayer gaming, and various operating units within the media powerhouse FOX today announced a major initiative to leverage both companies' properties through a wide-scale cross-marketing relationship. This affiliation, which closely allies Kesmai's GameStorm (www.gamestorm.com) online games service with FOX Broadcasting Corporation, FOX Home Entertainment, and FOX Filmed Entertainment, includes major online and retail programs.

Mattel --For nearly 2000 years, Chinese families have retold the folk tale of a brave young woman named Fa Mulan who takes extraordinary measures to protect the well-being of her father. Now, 2000 years after the story's inception, Disney brings the adventure and romance of this beautiful tale to modern audiences in its upcoming animated film Mulan and Mattel, Inc. (NYSE: MAT) brings its characters into the hands of children across America with the release of a complete line of toys in conjunction with the film's June 19 debut. Embarking on a journey of self-discovery after disguising herself as a young male soldier to take her father's place in the Emperor's Army, the heroine Mulan encounters memorable characters including Mulan's "guardian dragon" MuShu, the feisty cricket Cri-Kee and most prominently, the courageous and handsome Captain Li Shang, her commanding officer.

Jakks Pacific Inc. (JAKK) signed a licensing agreement to produce a line of die-cast car models based on vehicles that appear on the nine car publication covers of Petersen Cos.' (PTN) Petersen Enterprises unit.

Capcom Entertainment, a leading publisher of fighting games, today unveils their newest tag-team 3D fighter, Rival Schools: United By Fate. Already a hit at the arcades, Capcom's latest and greatest contender stars 14 entirely new 3D polygonal characters and introduces "Burning Vigor Attack," a new style aerial chain combo and attack move. In Rival Schools, players fight for justice in their schools inside beautifully detailed scrolling backgrounds set to an original high-energy soundtrack.

MicroProse, Inc. (Nasdaq: MPRSD), a worldwide interactive entertainment company, announced today that the next PC CD-ROM game in the best-selling, award-winning X-COM series, X-COM Interceptor(TM), has mastered with an initial launch of 125,000 units shipping worldwide beginning June 15. X-COM Interceptor is the fourth game in the X-COM series, which to date has sold almost one million units worldwide, achieving status as one of the best-selling science fiction computer game series of all time.

Toymax International, Inc. (Nasdaq National Market: TMAX) today reported financial results for its fourth quarter and fiscal year ended March 31, 1998. For the fourth quarter, the Company reported net income of $1.1 million, or $0.11 per share, versus net income of $2.4 million, or $0.32 per share in the comparable quarter of 1997. The decrease in net income is partially attributable to a tax provision of $0.5 million in the fourth quarter of fiscal 1998 versus a tax benefit of $0.4 million in the same quarter last year. Net income per share, on a comparable basis, was also affected by a 41% increase in the total number of weighted average shares of common stock outstanding to 10.6 million in fiscal 1998 from 7.5 million in fiscal 1997, as a result of the Company's initial public offering completed in October 1997.

At the influential Electronic Entertainment Expo in Atlanta (E3), titles from Acclaim Entertainment, Inc. (NASDAQ:AKLM) were the talk of the show. "Acclaim's current emphasis on strong branding, high quality product and targeted marketing is shoring up our position as a world class video gaming company," said Gregory Fischbach, President and CEO of Acclaim Entertainment, Inc. "With greatly anticipated titles like Turok 2 and NFL Quarterback Club `99 coming out and games like All Star Baseball `99 already bonafide hits, we are confident that 1998 will be an important growth year for us. Consumers, retailers, and the media are acknowledging that Acclaim is creating state-of-the-art games that will be on everyone's `must-have' lists this year."

PlayCore, Inc. (Amex: PCO), formerly known as Swing-N-Slide Corp., a leading commercial and consumer playground equipment company, announced today that its Swing-N-Slide consumer play equipment division has received a Telly Award. This national awards program attracts thousands of entries from prestigious production companies and advertising agencies from all across the United States. The Bronze Telly Award was awarded for Swing-N-Slide's Installation Video, in the "How To" category. This video was produced by Swing-N-Slide for their do-it-yourself residential playground products to make installations easier and friendlier.

Equity Marketing Inc.'s (EMAK) Equity Promotions unit received six international contracts expected to generate $7 million in revenue in 1998--the contracts include Mexico-based Bimbo and Kelloggs in Venezuela and involve characters like the Simpsons, the Mask and Mulan.

After a little more than two weeks on the market, Toys ``R'' Us(R) reports that initial sales of Talking Teletubbies(TM) are ``very strong.'' ``Based on the frenzy for Teletubbies that we have seen in our Toys ``R'' Us stores in the U.K., and the initial sales of Talking Teletubbies(TM) in the United States and Canada, we think we are looking at the next Cabbage Patch doll phenomenon,'' said Monika Merz, Vice President of Merchandising for Toys ``R'' Us Canada. Teletubbies(TM) are the international phenomenon based on the children's television series that has swept the globe. Teletubbies(TM) first appeared in Canada on May 17 at Toys ``R'' Us(R) stores across the country. The Talking Teletubbies(TM) plush toys made by Hasbro Inc. are available at Toys ``R'' Us(R). By August, most major toy and department retailers in the country will be carrying Teletubbies(TM) products.

Under the terms of an agreement with an initial value of (pound)500,000 ($800,000), interactive 3D software company, Superscape, is developing an innovative new product for LEGO Media International (LMI), which was previewed at the world-renowned E3 exhibition in the USA at the end of May, and will be on the shelves in time for Christmas. Entitled LEGO Creator, the new title is part of LEGO Media's LEGO Constructive range, and is based on LEGO SYSTEM Town. It provides children with their first opportunity to build, navigate, explore and play with 3D LEGO bricks in a PC-based virtual environment.

The Beanie Baby craze just got even crazier, as an AOL "chat" featuring a new software package exceeded all expectations. LA Times columnist Larry Magid, host of his own "show" on AOL, said response to the chat featuring Palladium Interactive's CD-ROM product, Ultimate Collector for Beanie Babies(R), was unprecedented -- and had to be extended from its scheduled 60 minutes to a full 90.

THQ Inc. (NASDAQ NMS:THQI) today announced that it was presented five awards for three different video games at the Electronic Entertainment Expo (E3) last week in Atlanta. The awards were presented to THQ at the First Interactive Achievement Awards ceremony of The Academy of Interactive Arts and Sciences, and by Sony Computer Entertainment and GamePro magazine at separate ceremonies.

Equity Marketing, Inc. (NASDAQ:EMAK) today announced that its Equity Promotions division has been awarded six international contracts expected to generate approximately $7 million in revenue during the 1998 fiscal year. "We are pleased to add these important contracts to our 1998 roster of international promotions programs," said Donald Kurz, Equity Marketing's President and Co-CEO.

Declaring war on the sale of counterfeit software, California-based Electronic Arts(TM) (NASDAQ:ERTS), the world's largest entertainment software publisher, raided dozens of retail outlets in Singapore over the weekend and last week. The police efforts centered on the Sim Lim Square and Far East Plaza shopping arcades in Singapore where merchants were selling illegal copies of Electronic Arts' computer and video game software. Following a lengthy investigation by Electronic Arts (EA), the Singapore authorities conducted two raids over the weekend and EA conducted another series of 10 raids at the notorious shopping centers to seize more than 880 illegal games, including hundreds of copies of its newest hit title World Cup 98. CONTACT: Electronic Arts, USA Pat Becker, 650/513-7523 pbecker@ea.com

Acclaim Entertainment, Inc. (NASDAQ:AKLM), a worldwide interactive entertainment company, announced today its Acclaim Sports line-up for the second half of 1998. The roster includes the follow-up to last year's top-selling sports game for the Nintendo 64, NFL Quarterback Club, as well as the return of one of the all time best-selling sports game franchises, NBA Jam. "The only way to succeed in a category as competitive as sports is to make games that are a level above the competition," said Paul Eibeler, vice president and general manager of Acclaim Entertainment.

Firaxis Games, a leading developer of entertainment software, today announced the launch of https://www.alphacentauri.com, a web site dedicated to Sid Meier's Alpa Centauri, one of the most anticipated PC games of the year. Sid Meier's Alpha Centauri is scheduled for a fall 1998 release and will be published and distributed by Electronic Arts (Nasdaq: ERTS). The launch of https://www.alphacentauri.com features the first installment of an episodic sci-fi adventure story, Journey to Centauri, which provides the background story for the game, detailing the journey to the Alpha Centauri star system and the decay of the ship's crew into seven adversarial factions. As visitors to the site read episodes they can enter their names to join the ship's crew roster and become characters in the ongoing story, all the while meeting the faction leaders that will play an important role in the PC game. Journey to Centauri will reach its dramatic conclusion on the day the Sid Meier's Alpha Centauri demo arrives on the web site.

Racing Champions Corporation (NASDAQ:RACN), recently released its newest NASCAR 50th Anniversary commemorative collectible series - Reflections in Gold(TM). The new series is one of the most unique and striking collector series offered by Racing Champions. In celebration of NASCAR's golden anniversary, each die-cast car body in the Reflections in Gold(TM) series is plated in 24 karat gold. The interior, chassis and wheel hubs of each car are plated in a striking golden metallic finish. To highlight the beauty of the 24K gold finish, each car's graphics, sponsor logos, car number and driver's signatures are replicated in a contrasting gold finish, adding a unique and glimmering design to each car.

Toymax International Inc.'s (TMAX) Toymax H.K. Ltd. will make and distribute Mercedes Benz models for its Mighty Mo's wireless infrared remote vehicles product line under a licensing agreement with Daimler-Benz AG (DAI).

Empire of Carolina (Amex: EMP) announced today that it has completed the acquisition of Apple Sports, Inc., and Apple Golf Shoes, Inc., and that the Company's shareholders approved each of the proposals presented at its annual meeting. The Company also reported that Steve Geller, Chief Executive Officer of Empire since 1994, announced his resignation during the shareholders' meeting and that the Board had unanimously appointed Timothy Moran as President and Chief Executive Officer. Mr. Moran had been the President and Chief Operating Officer of Empire and the President of Apple Sports, Inc., and Apple Golf Shoes, Inc. In his new position, Mr. Moran will be responsible for the day-to-day management and operation of Empire's golf, toy and holiday product businesses. Steve Geller will continue to serve as a director of the Company.

Take-Two Interactive Software Inc. (TTWO) bought the assets of British software maker Spidersoft from a U.K. liquidator for an undisclosed amount of cash and liabilities. In a press release Monday, the company said it will rename the unit Tarantula, operating it as part of Take-Two's European division.

THQ Inc. (THQI) reached an agreement with Japanese video game developer Taito Corp. to publish G. Darius for Sony Corp.'s (SNE) Playstation video game system. G. Darius a shooting game from the Darius video game series.

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