JAKKS Pacific(R) Offers TV Games(TM) GameKey(TM) for Classic Capcom(R) Games

JAKKS Pacific(R) Offers TV Games(TM) GameKey(TM) for Classic Capcom(R) Games

- JAKKS(TM) Also Adds New Classic Titles to the Line-Up, Including Legendary Fighting Game, 'Street Fighter(R)' -

MALIBU, Calif., March 8 /PRNewswire-FirstCall/ -- JAKKS Pacific, Inc. (NASDAQ:JAKK) announced today that the Company has expanded the licensing agreement with Capcom(R) to develop and market TV Games(TM) GAMEKEY(TM) products based on Capcom's classic library of games, including "1942, Ghosts 'N Goblins"(TM), "Mega Man(R) 3," "Gun Smoke"(TM) and "Commando." JAKKS also adds new titles to the agreement to produce both TV Games controllers and GAMEKEY expansion packs, for titles including "Street Fighter(R) II: Championship Edition," the original genre-defining game, "Mega Man 2," "Mega Man 3," and many more.

The Plug it in & Play TV Games(TM) products are gaming systems that contain multiple games in one single controller and plug directly into the A/V jacks of any standard television. The TV Games GAMEKEY expansion pack is the next-generation innovation for the award-winning TV Games product line which offers users the opportunity to add additional Capcom games made specifically for use on Capcom TV Games controllers.

Marc Mostman, president of MOST MANAGEMENT, Capcom's North American licensing agency, brokered this latest TV Games licensing agreement on behalf of Capcom.

"Street Fighter is a key addition to our retro TV Games(TM) line-up," said Nelo Lucich, vice president of interactive, JAKKS Pacific, Inc. "With the Street Fighter TV Games units that feature original arcade game play, fans will experience the same thrill as they did when they first played the game in 1992. We are pleased to expand our relationship with Capcom to include the TV Games GAMEKEY expansion packs, as well as the Street Fighter franchise and other classic Capcom titles for a whole new generation of gamers."

The TV Games(TM) GAMEKEY(TM) and controllers based on Capcom classic titles by JAKKS Pacific is slated to launch in Fall 2005. Capcom TV Games is expected to retail for approximately $19.99, and Capcom TV Games GAMEKEY expansion packs for $9.99. For more information on JAKKS Pacific's TV Games(TM) line, please visit www.jakkstvgames.com.

About Capcom:

Capcom is a leading worldwide developer, publisher and distributor of interactive entertainment. Founded in 1983, the company has created world-renowned franchises including Resident Evil, Street Fighter, Mega Man, Breath of Fire, Devil May Cry and the Onimusha series. Headquartered in Osaka, Japan, the company maintains operations in the U.S., United Kingdom, Germany, Tokyo and Hong Kong. More information about Capcom and its products can be found on the company's web site at www.capcom.com.

About JAKKS Pacific, Inc.:

JAKKS Pacific, Inc. is a multi-brand company that designs and markets a broad range of toys and consumer products. The product categories include: Action Figures, Art Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush, Construction Toys, Electronics and Dolls. The products are sold under various brand names including JAKKS Pacific(R), Play Along(R), Flying Colors(R), Road Champs(R), Child Guidance(R), Pentech(R), Trendmasters(R), Toymax(R), Funnoodle(R), Go Fly a Kite(R), Color Workshop(R) and TV Games(TM). The Company also participates in a joint venture with THQ Inc. that has exclusive worldwide rights to publish and market World Wrestling Entertainment(R) video games. For further information, visit www.jakkspacific.com or www.jakkstvgames.com.

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Capcom, Mega Man, Street Fighter, 1942, Ghosts N' Goblins, Gun Smoke, Resident Evil, Breath of Fire, Devil May Cry and Onimusha are either registered trademarks or trademarks of Capcom Co., Ltd., in the U.S. or other countries. Street Fighter is a registered trademark of Capcom U.S.A., Inc. ALL RIGHTS RESERVED.

This press release contains 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.

CONTACTS:

Genna Goldberg John Mills JAKKS Pacific, Inc. Integrated Corporate Relations (310) 455-6235 (310) 395-2215 gennag@jakks.netjmills@icrinc.com

Source: JAKKS Pacific, Inc.

CONTACT: Genna Goldberg of JAKKS Pacific, Inc., +1-310-455-6235, gennag@jakks.net; or John Mills of Integrated Corporate Relations, +1-310-395-2215, jmills@icrinc.com, for JAKKS Pacific, Inc.

Web site: http://www.jakkstvgames.com/

Web site: http://www.capcom.com/

Web site: http://www.jakkspacific.com/

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