NECA and Paradox Entertainment Announce Deal To Develop and Market 3-D Conan Consumer Products

Hillside, New Jersey and Beverly Hills, California (August 10, 2007) – NECA, Inc. has entered into a license agreement with Conan Properties International LLC via its parent company Paradox Entertainment, Inc., whereby NECA will be producing a line of collectible action figures, resin busts, resin statues and other consumer products using artwork from both the classic Universal film Conan the Barbarian and from the current Dark Horse comic series. NECA plans to have a full line of products available in 2008, some of which will feature the iconic Arnold Schwarzenegger, the epitome of fantasy heroism, as he appeared in the 1982 film.

Robert E. Howard’s Conan character has become one of the most recognizable fantasy properties of all time, spawning two hit feature films, publishing, comic books, video games and more. John Milius’ 1982 film adaptation helped propel Arnold Schwarzenegger to film superstardom, redefined the fantasy epic, and was hailed as “a very nearly perfect visualization of the Conan legend, of Robert E. Howard’s tale of a superman who lived beyond the mists of time” by film critic Roger Ebert. Conan the Barbarian, the tale of a boy, who was enslaved by a ruthless, supernatural despot, but who later became an unstoppable warrior king, stands the test of time as a landmark achievement in epic filmmaking.

About Paradox Entertainment, Inc.
Paradox Entertainment Inc. (“PEI”) owns, develops and licenses mainly character-based properties. PEI and its wholly-owned subsidiaries are successors-in-interest to the intellectual property of the estate of Robert E. Howard. PEI also owns the original property Mutant Chronicles, as well as Paradox Studios, Inc., a production arm dedicated to producing feature content for video and limited theatrical release.

NECA is a worldwide leader in the design, development and marketing of collectors toys and consumer products. Its products are sold in more than 50 countries on 6 continents.