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Palisades CEO Wins Maryland SBA Award

Elkridge, MD (March 23, 2004) - Palisades has just received notification that President & CEO Michael Horn has been selected as the recipient of the U.S. Small Business Association's 2004 Maryland Entrepreneurial Success of the Year award. Horn was nominated for the award last November by the Howard County Chamber of Commerce.

Horn commented, "I would like to thank my entire team at Palisades for all of their hard work and dedication; without them, this award would belong to some other company's CEO. I'd also like to thank the Howard County Chamber of Commerce, who nominated me for this prestigious award. And, finally, thanks to the SBA and the judges for choosing to acknowledge all of the hard work that has gone into Palisades over the past ten years."

Michael Horn will be presented with his award at the 20th Annual Maryland Small Business Awards Breakfast on Friday, May 14, 2004. For more information on Palisades Toys, please visit www.Palisadestoys.com. For more information on the SBA, please visit www.sba.gov/regions/states/md/.

ABOUT PALISADES TOYS

Palisades Marketing, LLC ("Palisades Toys") designs, manufactures, and markets a variety of collectable toy products worldwide through sales to retailers and directly to consumers. Palisades Toys believes its products are among the most highly detailed and collectable action figures, PolyStone statues, PolyStone mini busts in the world. The Palisades brand, Factory X, is a segment leader in prop replicas. Formed in 1994, Palisades' products are sold throughout the world at various retail outlets including Toys "R" Us, KB Toys, Target, Electronics Boutique, Tower Records, Media Play, Sam Goody, Suncoast Video, Amazon.com and a variety of domestic and international comic shops and specialty retailer stores. Palisades Toys' current product portfolio includes The Muppets, Alien, Predator, Transformers, G.I. Joe, Ren & Stimpy, Army of Darkness, Pink Panther, and others. Further information on this and all other Palisades Toys products is available via our company website at: www.PalisadesToys.com.

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